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On behalf of the team at 5, I am pleased to forward our market letter for the third quarter of 2016. Before turning to our discussion of general market developments, I’d like to highlight an important... READ MORE >

On behalf of the entire team at 5, I am pleased to forward our market letter for the second quarter of 2016. Q2 marks the end of a long period of relatively flat and/or decreasing electricity and natu... READ MORE >

I am pleased to forward the first issue of Volume 5 of 5’s Quarterly Market Letter. The energy market remained relatively flat in Q1 and continues to trade at or near historically low levels. The char... READ MORE >

I am pleased to forward 5’s fourth quarter overview of the energy market. This issue focuses on two topics that were particularly significant in 2015. The first is the continued decline of the price o... READ MORE >

I am pleased to forward 5’s third quarter overview of the energy market. In this quarter, energy markets continued the stable trend that characterized both Q1 and Q2. We continue to urge clients to ta... READ MORE >

I am pleased to forward 5’s second quarter overview of the energy market. In this quarter, energy markets continued the stable trend that characterized Q1. The relative calm is unusual and presents an... READ MORE >

I am pleased to forward 5’s first quarter overview of the energy market. For the most part, energy markets stabilized in Q1 2015, a significant change after the collapse in oil and natural gas prices ... READ MORE >

I am pleased to forward 5’s fourth quarter overview of the energy market. Our last letter started with the statement “The speed and scope of changes in the energy market continues to astound us.” The ... READ MORE >

I am pleased to forward 5’s third quarter overview of the energy market. The speed and scope of changes to energy market continues to astound us. In this letter, we focus on the impact that changes in... READ MORE >