The simple answer: it influences prices.
As Tim Bigler observes in Direct Energy’s latest Energy Market Update, the Natural Gas Futures Market’s money sector has “slightly outweighed selling from the producer sector, which may be contributing to higher natural gas prices.”
2018 Regional Gas Prices
Direct Energy also covers the 2018 regional gas prices. Based on the information above, it’s not surprising we see gas prices increasing right now.
What Does This Mean For You?
As a broker, there’s not much you can do, but it’s good to be aware of the reason gas prices are rising. Paying attention to these factors might help you anticipate future shifts in pricing.
Check out the video below for more info or visit Direct Energy’s blog: