Page 2 - Hub May News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Houston — Midcontinent Independent System Operator wholesale power prices strengthened this March, particularly in Louisiana and Texas, compared with March 2020, mainly because of continued natural gas price strength resulting from the mid-February winter storm. MISO forwards were also higher for similar reasons. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Day-ahead on-peak locational marginal prices averaged in the low to mid-$20s/MWh across MISO's central and northern hubs, but averaged around $30/MWh in the L...

Not registered? Inventories increased 61 Bcf to 1.845 Tcf, US Energy Information Administration data showed April 15. The build was less than the 65 Bcf addition expected by an S&P Global Platts' survey of analysts, but it far surpassed the five-year average build of 26 Bcf, according to EIA data. The week ended April 9 spanned the Easter holiday, which typically produces notable decreases in demand. Total demand fell 6 Bcf/d, with residential and commercial losses accounting for 4.5 Bcf/d of the drop, according to Platts Analytics. While gas continued to take incremental market share from co...

The natural gas storage report from the EIA for the week ending April 2nd indicated that the amount of natural gas held in underground storage in the US rose by 20 billion cubic feet to 1,784 billion cubic feet by the end of the week, which left our gas supplies 235 billion cubic feet, or 11.6% below the 2,019 billion cubic feet that were in storage on April 2nd of last year, and 36 billion cubic feet, or 1.3% below the five-year average of 1,808 billion cubic feet of natural gas that have been in storage as of the 2nd of April in recent years....the 20 billion cubic feet that were added to U...