Consultants at Wakefield, MA-based Energy Security Analysis Inc. (ESAI) said last week that the solid month of weakness in the crude oil market (until Friday’s spike) has kept downward pressure on natural gas prices, but fears of a cold snap and recent winter market history are expected to provide market support at around $6.50/MMBtu.
Wakefield
Articles from Wakefield
Crude Oil, Old Man Winter Pulling Gas Prices in Opposite Directions
Consultants at Wakefield, MA-based Energy Security Analysis Inc. (ESAI) said Tuesday that continuing weakness in the crude oil market should put downward pressure on natural gas prices, but fears of a cold snap and recent winter market history are expected to provide strong support at around $6.50/MMBtu.
November 17, 2004
Crude Oil, Old Man Winter Pulling Gas Prices in Opposite Directions
Consultants at Wakefield, MA-based Energy Security Analysis Inc. (ESAI) said Tuesday that continuing weakness in the crude oil market should put downward pressure on natural gas prices, but fears of a cold snap and recent winter market history are expected to provide strong support at around $6.50/MMBtu.
November 17, 2004
ESAI Sees New York Basis Bears Coming Out of Hibernation Early This Winter
In November and December, consultants at Wakefield, MA-based Energy Security Analysis Inc. said they believe average daily spot prices at New York City (Transco Zone 6) will spike to $4.99 and $5.70, respectively. However, by January weaker market fundamentals in the Northeast this winter should chop prices and basis spreads down considerably compared to recent winters.
November 11, 2002
ESAI Sees New York Basis Bears Coming Out of Hibernation Early This Winter
In November and December, consultants at Wakefield, MA-based Energy Security Analysis Inc. said they believe average daily spot prices at New York City (Transco Zone 6) will spike to $4.99 and $5.70, respectively. However, by January weaker market fundamentals in the Northeast this winter should chop prices and basis spreads down considerably compared to recent winters.
November 5, 2002
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