Home : Energy-tel

Energy-tel

Energy-Tel, LLC - Energy Update October 24 2013

- Friday, October 25, 2013

The Henry Hub spot pricing closed this week (Wednesday, October 23) at $3.66 per MMBtu down 19 cents from last week’s $3.85 per MMBtu (Wednesday, October 17). The NYMEX near month (November 2013) price fell 4% to close at $3.619 MMBtu this Wednesday at $3.619 MMBtu.

 

According to BENTEK Energy LLC estimates there was an increase in total consumption in all sectors this week of 9.4%.  Consumption in the Residential/Commercial sector was up 30.4%. While thePower Sector showed a 2.7% decrease. 

 

According to EIA Weekly Natural Gas Storage Report working natural gas in storage increased to 3,741 Bcf on Friday, October 18.  Stocks were down 2.4% from last year at the same time and 2.1% above 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: “To become successful, one must put themselves in the paths of giants!”   Lillian Cauldwell

 




You have the power
to contain energy costs

Businesses save on average 10-30% off their energy costs

GlobalSign SSL Site Seal