The biggest story in Texas’ energy markets has been the collapse of West Texas Intermediate (WTI) crude oil prices. The price for the WTI May contract had its largest single-day decrease on Monday, Ap...
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In light of the impact of the Coronavirus on business operations, we are sharing information about Coronavirus and Contract Disputes circulated by the law firm Sidley & Austin. It provides a high-leve...
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There is good news for Texas electricity buyers. The falling price of West Texas Intermediate crude oil, coupled with the threat of an economic slow-down caused by COVID-19, has put downward pressure ...
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With 2019 finally behind us, it’s time to reflect on how spot/index prices settled last year in Texas and then examine how those prices are shaping the current forward market. In 2019, index prices in...
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We are excited to have you join us for one of our upcoming regional market webinars. Register for one or more of our 30-minute webinars to find out the latest in your region Mid Atlantic/Midwest Webin...
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As you have likely heard, national, and even global, natural gas prices have been falling. In fact, NYMEX futures prices for the rest of this winter are all trading below $2.00/MMBtu and as shown in F...
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Two weeks ago, ERCOT released its initial reserve margin estimates for the summer of 2020. The reserve margin is the difference between the peak forecasted load and the amount of installed generating ...
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This past August, electricity prices in Texas hit historic highs over several days. Prices rose from the typical range of $20 to $30 per MWh to $9,000 per MWh during the second week of that month. Fig...
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In commodity markets, a bear market cannot stay bearish forever. Typically, a commodity market does not stay in backwardation (where prices get cheaper into the future) for long. The forward electrici...
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