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Energy-Tel, LLC - Energy Update July 25 2013

- Friday, July 26, 2013

The Henry Hub spot pricing closed this week (Wednesday, July 24) at $3.70 per MMBtu up 3 cents from last week’s $3.67 (Wednesday, July 17).  The NYMEX near-month August 2013 was up 7 cents from $3.629 MMBtu to $3.698 MMBtu this Wednesday.

 

According to BENTEK Energy LLC estimates there was a slight increase in Residential/Commercial consumption while Industrial consumption remained flat. Power sector consumption increased less than 1 per consumption.

 

According to EIA Weekly Natural Gas Storage Report working natural gas in storage increased to 2,786 Bcf on Friday, July 19.  Stocks were down 12.5% from last year at the same time and 1.6% below the 5 year average.

 

Please feel free to give me a call to discuss any questions you may have about your specific energy plan.

 

Tony Gattuso

(800)708-3086

 

**This analysis contained herein is based upon information Energy-Tel, LLC reasonably believes to be accurate.  However, they do not guarantee the accuracy of the analysis.**

 

THE LAST WORD:  “The only limits are, as always, those of vision.” – James Broughton




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