Wednesday, April 18, 2007

NEI Energy Markets Report (April 9th - April 13th)

Here's a summary of what went on in the energy markets last week:

Electricity prices were mixed last week (see pages 1 & 2).

Gas prices rose at the Henry Hub $0.30 to $7.84 / MMBtu (see page 4).

From EIA’s STEO (see page 8): Concerns about extreme weather conditions and rising prices in the oil market will keep upward pressure on the Henry Hub spot price during much of the forecast period. Total retail electricity sales are expected to grow 0.8 percent this year and 1.9 percent in 2008. The price of WTI is expected to average close to $64 per barrel for both 2007 and 2008 as a result of tight balances.

For the report click here (pdf). It is also located on NEI's Nuclear Statistics webpage.

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