For the podcast click here. For the report click here (pdf). It is also located on NEI's Nuclear Statistics webpage.Electricity prices were mostly increasing throughout the country last week (see pages 1 & 2). Gas prices rose at the Henry Hub increasing $0.50 to $6.00 / MMBtu (see page 4). Uranium prices remained at $72 / lb U3O8 for the fifth week in a row (see page 7). Crude oil prices decreased to $57.76 / barrel (see page 5). Crude oil futures traded at $54.12 / barrel for February (see page 6).
Summer temperature patterns are expected to return to normal during 2007, with cooling degree-days 10 percent lower than 2006. Following the significant residential price increases experienced during 2006, residential prices are expected to grow at a more modest rate of 2.5 percent during 2007. While the forecast for the remaining winter months is for only slightly warmer-than-normal weather, the average Henry Hub spot price this winter is expected to remain below $7.
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