Warmer Weather Brings Higher Energy Prices Again. The Beacon, 08/09/2021

The Headline:   Energy prices jumped back up again last week based on forecasts of hotter weather.   Market fundamentals (rig counts, storage and exports) aren’t improving enough to ward off volatility and continued upward price movement.           

The Bottom Line:    Unless your contract is at the point of expiring, this week likely isn’t a great week to buy.   Let Lighthouse get your bidders lined up and help you put a clear strategy in place – good buying opportunities are going to come and go quickly in this market, and missing out on your chance is likely to be an expensive mistake.           

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