Natural Gas Weekly Update Urges Buyers to Take Action

In its most recently weekly edition of The Advisor, Energy Solutions, Inc. identifies several reasons why natural gas buyers should not be dismissing today’s price levels.  Natural gas prices fell following the release of yesterday’s storage report from the Energy Information Administration (EIA), but downward price momentum is slowing.

“Fundamentals are bearish, but the downside is limited right now,” says Valerie Wood, President of Energy Solutions, Inc. and editor of the Advisor.  “Spring tends to be a time for price rallies, and this year should be no different.  Nuclear maintenance is underway, the timing for a seasonal second quarter rally is here, and the market has been unable to break through major price support at $3.82 per MMBtu.”

Wood also warns that while the market is dismissing the potential impacts of a revision to production estimates from the EIA.  "As the date nears for release of its next report on April 30, speculators are likely to do some short-covering, and short-covering drives natural gas prices higher," says Wood.

The Advisor is a multi-faceted natural gas publication that provides specific insight into natural gas buying opportunities.  It is unique from many other natural gas publications because The Advisor also identifies and lays out short-term and long-term purchasing plans for low-risk, medium-risk and high-risk buyers.  Request a complimentary copy of the April 8, 2010, weekly edition of The Advisor by sending an e-mail to weeklyadvisor@energysolutionsinc.com or call (608) 848-9589.

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About Energy Solutions, Inc.

Formed in 1996, Energy Solutions, Inc. is independently owned. With more than 50 years of experience in the natural gas industry, our team focuses on natural gas prices and in helping businesses improve their internal processes for the purchase of natural gas.