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On behalf of the team at 5, I am pleased to forward our November market letter. This letter discusses: (i) the upcoming Mid-Term Elections, and how the results could impact energy policy; and (ii) the... READ MORE >

Often in commodity trading, it isn’t always the straight-forward market drivers that catch the market off guard. Rather it’s the counter-intuitive things that seem to side-swipe a market. Lately, ther... READ MORE >

Imagine the reaction of a modest homeowner in America who received an invoice from their electric utility that was more than $1,000 per month, or a monthly natural gas bill that exceeded $500. While t... READ MORE >

Earlier this year, we wrote an article describing the rapid acceleration of price volatility in the natural gas markets, with a chart that showed daily price movement at the Henry Hub, the national be... READ MORE >

What is Driving the Extreme Volatility in the Natural Gas Market? The NYMEX Henry Hub prompt month future contract continued to push the volatility envelope this past month, with the daily change for ... READ MORE >

On behalf of the team at 5, I am pleased to forward our market letter for the second quarter of 2022. The dramatic increase in the price of electricity and natural gas noted in our Q1 letter continued... READ MORE >

On Wednesday, June 8, 2022, from 10:00 AM to about 12:00 PM CDT, the July contract for NYMEX Henry Hub was trading around $9.60 per MMBtu. Even so, $9.60 is not an all-time high price for NYMEX Henry ... READ MORE >

Natural Gas Update for May 2022 This past month, the US natural gas market continued the recent trend that was established in mid-February. Strong bullish tendencies set new highs and blew past previo... READ MORE >

Over the last few months, these updates have focused on the steady run-up in natural gas prices, and the correlation between US natural gas prices and gas prices in other parts of the world, specifica... READ MORE >