Heating

EIA Projecting Lower Household Heating Bills This Winter for Natural Gas, Other Fuels

EIA Projecting Lower Household Heating Bills This Winter for Natural Gas, Other Fuels

The natural gas supply glut in the United States may have sunk commodity prices and put the squeeze on producers, but it’s likely to continue to benefit consumer pocketbooks this winter, according to the Energy Information Administration (EIA).

October 8, 2019

Record Low HDD, Record High CDD In Play; November Called A Penny Higher

November natural gas is expected to open a penny higher Monday morning at $2.87 as weather data shows both lowered heating and increased cooling load near term. Overnight oil markets eased.

October 9, 2017

Moderating Weather Forecasts Discounted; April Seen 4 Cents Higher

April natural gas is expected to open 4 cents higher Tuesday morning at $3.08 as traders are expected to focus less on near-term weather and more on broader market issues. Overnight oil markets rose.

March 21, 2017

Market Groping For Support; March Seen 3 Cents Higher

March natural gas is set to open 3 cents higher Wednesday morning at $2.59 as traders reconcile a modest loss in heating demand with deeply oversold market conditions. Overnight oil markets fell.

February 22, 2017

Overnight Weather Models Turn Colder; NatGas Cash, Futures Soar

Both natural gas cash and futures markets rocketed higher Monday as more deferred weather forecasts turned sharply colder. Only a single point followed by NGI was unchanged, and all other locations were deep into double-digit gains.

December 5, 2016
EIA Says Residential Heating Oil, Propane Prices So Far Similar to Last Winter

EIA Says Residential Heating Oil, Propane Prices So Far Similar to Last Winter

Prices for residential heating oil and propane are similar to the low prices customers enjoyed during the last winter season, according to the U.S. Energy Information Administration (EIA).

November 17, 2016

Bulls Grappling With Expected Weak Heating Load; November Seen Down 3 Cents

November natural gas is set to open 3 cents lower Wednesday morning at $3.21 as traders start to tally what looks to be a sub-par level of heating demand in the near term. Overnight oil markets inched higher.

October 12, 2016

Big Hurdles Ahead For NatGas Bulls; November Called A Penny Lower

November natural gas is expected to open a penny lower Monday morning at $3.18 as traders factor in less than normal heating and cooling loads, and technicians see natural gas as having completed a five-wave advance. Overnight oil markets were mixed.

October 10, 2016

Cooling, Heating Load Seen Subpar; November Called 2 Cents Lower

November natural gas is set to open 2 cents lower Wednesday morning at $2.94 as cooling and heating load are still predicted to be well below normal. Overnight oil markets rose.

October 5, 2016

NatGas Cash, Futures Gain; $3-Plus Henry Spot by December?

Next-day natural gas values rose modestly in trading Tuesday as most points recorded gains of a few pennies to a nickel or more.

May 17, 2016
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