Weekly Energy Report (12/16/2019)

The wholesale markets were quiet last week, with the annual term strips all finishing Friday within a penny of the previous Friday’s close. Natural gas storage is acting as expected, the drilling rig count is up slightly, and the weather forecast is calling for normal temperatures, so we are hoping for another week of great low prices!  Your buying window is still open – prices are at the their low point of 2019, and areas attractive as we have seen in a few years.  Now is the time to lock up a low rate for as long as you can – get in touch with your Lighthouse contact to get fresh prices and an agreement to protect your savings!

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