As of June 7th, the following fundamental(s) are bullish:

• Power Generation
  • EIA projects 3.8% increase in NG consumption, driven by higher usage among utilities and industrial consumers
  • Structural shift has taken place in the power market, providing gas-fired generation a larger position in the power supply stack
  • Coal fired generation giving way to NG fueled generation, cleaner burning fuel (continue reading …)

As of April 19th, the following fundamental(s) are bullish:

• Power Generation
  • NG demand for electric power generation increased 7% week-over-week
  • Structural shift has taken place in the power market, providing gas-fired generation a larger position in the power supply stack
  • Coal fired generation giving way to NG fueled generation, cleaner burning fuel (continue reading …)

Commodities such as natural gas, electricity, other energies, precious metals, grains, etc., are all driven primarily by the supply/demand relationship, and secondarily by speculation by traders/institutions/market makers. We cannot really forecast or predict speculation, but we can attempt to track the factors that drive the supply and demand of commodities. To better understand the natural gas market (and electricity market, which is correlated to NG movements), we track the following 8 market factors: (continue reading …)