Prolonged cold across the US Northeast drove power and gas prices higher ahead of New Year's Day. ISO New England Mass Hub on-peak power traded near $170/MWh, and Algonquin city-gate gas jumped over $2 to $18.76/MMBtu.
December Algonquin averaged $14.96/MMBtu, up 64% from the prior year.
Regional gas price spikes in the Northeast signal tight near-term supply and higher energy costs for feed mills and processors, though the effect on national benchmark prices is limited.
Setelah 221 peristiwa cuaca bullish sebelumnya, Gas Alam bergerak median +3,3% selama 5 sesi (61% lebih tinggi; separuh tengah -5,2% sampai +14,0%), dan -0,3% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.