Verona, WI 5/6/2010 1:07:19 AM
News / Business

Fast Facts Highlight Natural Gas Price Drivers

Economic data reflects a rebounding manufacturing sector, but weekly storage injection reports tell a different story, indicating that supply is still easily exceeding demand.

In its most recent edition of Fast Facts, Energy Solutions, Inc. identifies numerous price driving factors for natural gas.   

The April Manufacturing Index issued by the Institute for Supply Management reflected a reading of 60.4%, up from 59.6% in March.  A reading in excess of 50% represents expansion.  “However, the impacts of any manufacturing expansions have yet to show up in natural gas demand,” says Valerie Wood, President of Energy Solutions, Inc.  “Last week’s storage injection report exceeded expectations by 15-20 Bcf, and storage is well on its way to reaching record levels by fall 2010.  Natural gas supplies are continuing to outpace demand.” 

Fast Facts, which is published 18 times per year, takes large amounts of industry data and identifies the potential impact on the natural gas industry and natural gas prices.  Fast Facts summarizes economic/financial data, the supply situation, natural gas demand, weather outlooks, natural gas storage inventories, technical price trends, and crude oil prices.  “Fast Facts is a quick read and an easy way to stay on top of natural gas prices,” says Wood. 

Fast Facts is a component of The Advisor, a monthly and weekly natural gas publication.  In addition to 18 editions of Fast Facts, a subscription to The Advisor includes 12 monthly editions, 48 weekly editions, and Pricing and Storm Alerts as conditions warrant.   

For a limited time, Energy Solutions, Inc. is offering a three-month subscription to The Advisor for just $99.  “This is a great value and a cost effective way to see how The Advisor can save your company time and money as it relates to natural gas-related decisions,” says Wood. 

To learn more about this limited time offer, contact Kelly Gilboy at (608) 848-9589, send an e-mail inquiry to kgilboy@energysolutionsinc.com, or click here to view the most recent edition of Fast Facts, which contains additional insight on this offer. 

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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.