Energy Consulting News
The BUE news and events page will keep you updated on industry news and upcoming events.
Can Natural Gas Prices Go Any Lower?
Today natural gas is trading at under $3 per million BTU, an astonishingly low price compared to years before. Can it go any lower? Analysts at the U.S. Energy Information Administration say “it sure can.”
With the summer winding down and copious natural gas inventories, the commodity price will be driven even lower as demand decreases in the fall. The U.S. EIA says that underground storage facilities are around 75% full. And if this winter is anything like the last one, there won’t be much demand for natural gas to prevent U.S. homes from freezing.
Energy consulting firms have market analysts that specialize in finding your business the right contract for any market type. In the current declining market, you may prefer to be in an index plan, or a fully variable plan. Consider working with an energy consultant today to start discussing what options you have to save money in the current energy marketplace!