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Mike Grimes
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Mike Grimes   My Press Releases

Daily energy report

Published on 10/11/2018
For additional information  Click Here

Commercial Energy Consultants Can Reduce Your Energy Expenses 

Lowering Your Monthly Expenses by Choosing Alternative Energy Suppliers

Commercial Energy Consultants is a national company that provides the best energy saving solutions for businesses and residences to reduce their monthly energy expenses. The process is founded around energy deregulation, a shockwave that has begun tearing down the strongholds of non-competitive energy markets around the country. If you are using your state's default energy provider, then you're paying too much money.

Same Energy, Save Money.

It's pretty much that simple. In deregulated states, there are companies ready to offer you lower monthly premiums for the right to give you energy. No changes to your system, no backlash from the incumbent energy providers, no low-quality providers or fly-by-night companies looking to undersell to make a buck. These are real, A+ rated companies that are dying to get your business - and they're ready to offer you a lower monthly bill to do it. Same Energy, Save Money.

Daily Market Update October 11, 2018 

Early Morning Update

The Nov18 natural gas contract is trading up $0.03 at $3.30. The Nov18 crude contract is up $0.51 at $74.80. 

Summary

After trading in a wide range between $3.237 and $3.368/MMBtu, the November prompt month contract settled at $3.266 yesterday, nearly unchanged from Monday’s settlement price of $3.267. Beyond the November contract, December-March moved decidedly higher yesterday, gaining two cents, on average. Winter uncertainty plagues the market and Hurricane Michael has not added any reassurance. The storm has quickly gained steam since the beginning of this week, reaching category 4 strength overnight. Total U.S. dry natural gas production reached 84.1 Bcf/d on Monday, but Michael has shut in Gulf gas production by about 30%, and U.S. dry natural gas production was estimated to be 82.5 Bcf/d yesterday and today. The Southeast is preparing for the storm and potential power outages. The overall impact will likely be reflected in the natural gas storage report that the EIA releases on October 18. Current stockpiles still sit at large deficits to the historical benchmarks, 18% deficit to last year and 17% deficit to the 5-year average.

Text energychoice to 63975

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