Nothing like back-to-back hurricanes in one week to show the natural gas market’s hair-trigger response. This week, it was a hair-trigger response to changes in the weather.
Fay grows stronger, we see three straight days of steady, strong price increase. Fay diminishes down to a tropical storm, and all these gains are lost in a single day, with a bit of an extra drop tacked on for good measure. Gustav starts to build, and back up we go.
We said this week would be an interesting test, and it was. Quite a little seminar is which way the wind blows!
What does this mean to you? You tell us. With a long weekend coming up, a hurricane brewing, prices continuing to trend downward in the long term, and the events of the last week in mind, what strategy should the natural gas customer take? Go to our poll page and vote. We’ll tell you what we recommend, and how we handled this situation with some of current clents, next week.
Cost Containment knows which way the wind is blowing; it costs you nothing, and entials no obligation to you, to find out how much money we can save you on your energy bills. Find out what a difference the right plan at the right price can make to you.