Inching Up

June 1, 2012

While everyone has been keeping

 

Their eyes on gas pump prices

 

 

The big question

 

 

Will it go over $4.00 this summer?

 

 

 

Natural gas has been making its own mark

 

 

 

After nymex prices

 

 

Hit a 10 year low

 

 

In late April

 

 

 

We have seen the Nymex prices

 

Run up

 

 

 

Over 25%

 

 

During the last 30 days

 

 

 

You may have heard me say before….

 

 

 

You don’t know where the floor is

 

Until you passed it

 

 

 

We watched a slow steady fall of the nymex

 

Over a long period of time

 

 

Once it got to a point

 

Where investors may have thought

 

 

It may be…..

 

 

Too low

 

 

 

It shot up

 

 

 

 

Was it a market correction?

 

 

 

Analyst start talking about possibilities

 

Of having a hot summer

 

 

 

That will increase demand…

 

 

 

 

For 30% of the electric is generated

 

From natural gas.

 

 

 

Prices inch up

 

 

 

 

They also start looking at

 

Hurricane reports

 

 

 

 

That could affect the wells

 

In the Gulf of Mexico

 

 

 

Prices inch up more

 

 

 

 

They have even started to cap

 

Some of the natural gas wells

 

 

 

Hmmm

 

 

Supply / Demand

 

 

 

Cut down on the supply

 

 

That will get the

 

 

 

 

Prices to inch up

 

 

 

 

Higher

 

 

 

 

Market prices are still very competitive

 

 

 

It just that…..

 

 

In this market

 

 

 

Timing is everything

 

 

 

 

Natural gas and electric prices

 

 

Are still very competitive

 

 

 

If you have not participated in deregulation

 

Now is the time…

 

 

To lock in on the savings

 

 

 

Under contract

 

 

 

Now is the time to start looking

 

To lock in your renewals

 

 

 

 

To all HBS customers

 

 

Please take my phone call

 

 

 

 

To learn more contact

 

 

george@hbsadvantage.com

 

Visit us on the web www.hutchinsonbusinesssolutions.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: