Author: unitedenergy

At first glance, this week’s mostly bearish withdrawal of 237 Bcf may seem imposing, but the abrupt end of the polar vortex that swept across the Midwest and parts of the Northeast during this reporting period was cause for the market to slope slowly downward. Warmer weather made itself known almost immediately after a couple of nearly record-setting cold shots in the previously mentioned regions, and the March-April spread on…

The New Year has officially arrived, bringing with it exciting goals and predictions for the clean energy industry around the world. According to projected trends published by Forbes and the Open Energy Market, there are several key developments to look for in the upcoming year. Energy Management & Storage: As the demand for clean energy usage increases in 2019, effective energy management and storage will be essential for grid flexibility, the ability to balance…

Week 13 of withdrawal season provided a fairly unremarkable and bearish pull of 173 Bcf, falling short of all market expectations but exceeding last year’s draw of 126 Bcf and the five-year average of 150 Bcf. Offsetting weather patterns (colder than normal in the Midwest and Northeast and warmer than normal in the West and Southeast) made for a somewhat more predictable withdrawal according to multiple market participants, but many…

Clean Water Agencies Propose to Redefine and Limit “Waters of the United States” – The United States EPA and the United States Army Corps of Engineers are proposing to redefine—and significantly limit—the scope of “Waters of the United States” (“WOTUS”) that are subject to federal jurisdiction under the Clean Water Act. Affected industries include land and infrastructure developers; linear projects such as roads, pipelines, and transmission lines; petroleum and chemical…

This week’s mostly neutral withdrawal of 163 Bcf from storage came nowhere close to last year’s pull of 273 Bcf and the five-year average of 185 Bcf for the same time period. That being said, the continued pattern of lighter than projected draws over the past few weeks has resulted in current inventories finally surpassing last year’s working storage for the first time in months, but the five-year average still…

This week’s mostly neutral to slightly bearish withdrawal of 81 Bcf came as no surprise with the majority of the Lower 48 realizing warmer weather patterns during the reporting week ending January 11th. The last two weeks have provided relief for deficits against last year’s values, but the five-year average deficit is still holding over 11% currently. That being said, February and March contracts are still vulnerable to the potential…

In December, the six major Independent Systems Operators (ISO’s) across the country filed their plans for creating new market rules and opportunities for energy storage. While the rules will take at least a year to go into effect and the plans are just an initial step, a recent studysuggests that this effort may add up to 50,000 megawatts (MW) of storage nationwide in the next decade. At the same time, many states…

After a small reclassification of 4 Bcf, the implied flow of this week’s supposedly bullish withdrawal was reported at 87 Bcf, which exceeded market expectations by over 10 Bcf. The last two weeks have seen storage inventories fall more in line with last year’s reserves, particularly due to a massive withdrawal of 359 Bcf last year, but they are still 15% lower than the five-year average. Mostly temperate weather has…

By Charles Sartain on January 3, 2019 I report herein on 2018’s parade of reprobates, rapscallions and others generally lacking in moral hygiene.  We reflect on a mother’s love, corruption in Venezuela, a disloyal employee, stealing from friends, a disgraced politician, and the wisdom of Forrest Gump. Perp: Carol Faulkner Violation: Not a crime but worthy of your consideration for its shamelessness. A “mendacious filing” in a an SEC civil enforcement action against Chris Faulkner, and she “repeatedly and willfully abused the judicial…

On December 6, 2018, U.S. Senator Charles E. Schumer (D-NY) wrote a letter to President Donald Trump requesting that, in 2019, any infrastructure package to be considered include a focus on the clean energy economy to address climate change. Emphasizing that climate change is, in fact, real and caused by humans, Senator Schumer refers to the Administration’s recent National Climate Assessment report and the drastic need to reduce emissions. In the letter,…