Fast Facts Provides Insight Into Natural Gas Prices

The 4th of July holiday is typically the lowest demand day of the year for natural gas.  That is even more likely to be the case this year because of the weaker economy as more industrial businesses take extended downtime during the 4th of July holiday. 

“The 4th of July holiday is coming at a time when doubts are surfacing about an economic recovery.  There has been a dramatic shift in sentiment over this past week that seems to be the result of the World Bank announcing that the global economy will contract by 2.9%.  This is up from its March forecast of a 1.7% contraction,” says Valerie Wood, President of Energy Solutions, Inc.  “This market-moving event and many others are highlighted in Fast Facts, a twice-a-month publication that offers insight into conditions that are likely to impact natural gas prices.”

“The million-dollar-question is where is the bottom for natural gas prices.  Fundamentals are bearish and technicals are mixed so it is challenging for a business to try and figure out where to make prudent natural gas purchases, but the 4th of July holiday tends to present a buying opportunity that shouldn’t be overlooked,” says Wood.

Fast Facts provides a quick identification of numerous factors that impact natural gas prices – these factors include the economy, financial conditions, demand, supply, weather, storage, speculative trading, seasonality, price trends, and crude oil.  Fast Facts is just one component of The Advisor, a multi-faceted publication that helps natural gas buyers develop and implement a natural gas buying strategy.  The Advisor not only addresses the potential 4th of July holiday buying opportunity but also provides buying recommendations that extend beyond 2009.  “The best time to implement a natural gas buying strategy is when the pricing rollercoaster is at the bottom of the hill – not the top – and that is exactly the situation today.  Remember, knowledge is power,” says Wood.

Request your copy of the June 25, 2009 edition of Fast Facts by sending your request to june25-request@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 25 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.