Acclaim Energy

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Natural gas futures dipped as Hurricane Milton nears Florida, threatening power outages and lowering demand. Support at $2.60/MMBtu may trigger a rebound.

Los futuros de gas natural disminuyeron a medida que el huracán Milton se aproxima a Florida, amenazando con cortes de electricidad y reduciendo la demanda. Se podría presentar un ajuste en el soporte de precios de $2.60 USD/MMBTU.

Traders are viewing the current outlook for tropical storms active in the Atlantic Ocean as having a lesser impact on the continental U.S. than previously forecast. Natural gas futures are down 0.5% to $2.91 MMBTU with forecasts for a cooler East Coast in the near term.

Natural gas futures keep up expectations of further shrinkage in the inventory surplus and late-season heat in Texas driving cooling demand. The November contract is up 2.4% at $2.858/MMBTU. #EnergyUpdates

Today is a day to celebrate and raise awareness about the importance of reducing our carbon emissions and protecting the environment. As a company, we are committed to sustainability and are constantly working to implement more green practices in our daily operations. Together, we can make a real difference in the fight against climate change and protect mother earth for future generations. #AcclaimEnergy #ClimateChange #ESG #ZeroEmissionsDay #NetZero

Let Acclaim Energy assess your current energy situation and develop the strategies needed to improve your business's efficiency, profitability, performance and competitive position. Contact us! ➡️https://bit.ly/3Kc9K5l #AcclaimEnergy #EnergyConsulting #EnergyStrategy #EnergySavings #SustainableStrategies

The natural gas storage surplus likely retreated again for a 10th consecutive week into mid-September, even as domestic market fundamentals loosen amid milder autumn weather. Nymex futures hit a two-month high at $2.40 MMBTU.

September 11th, is a day to remember and honor those who lost their lives in the attacks of September 11, 2001, and to pay tribute to the bravery and selflessness of the first responders and others who risked their lives to help others. We will never forget the tragedy and loss of that day, and we will always honor the memory of those who were lost. Let us take this day to reaffirm our commitment to the values of freedom and democracy that have been tested by this tragedy and to come together as a nation to support and care for one another. Wishing everyone a peaceful and meaningful September 11th. #AcclaimEnergy #September11

NG futures rose as Hurricane Francine nears Louisiana, causing offshore evacuations. Prices increased as the storm avoided impacting Texas LNG facilities and lower production, but cooling rains will reduce demand. Key concerns are post-storm outages and cooling effects.