Natural gas prices dropped to a 28 month low yesterday, following the release of EIA data showing storage levels significantly above five-year average levels. Warm weather across the country has lowered demand while output levels are at record highs due to new supplies from shale formations. There is considerable speculation that these factors could continue to push gas prices to levels we have not seen in close to 10 years.

And what does this mean to you?

While many end users are currently locked into contracts that previously helped them attain price certainty and/or meet budgetary goals and objectives, there are still others who are approaching the end of their current terms and will need to be going back into the market. Regardless of the position one holds, this increased market volatility will favor those companies who possess energy market expertise or partner with firms, like World Energy, who do.

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