Natural Gas Bullish | Crude Oil Bullish | Economy Bullish | Weather Neutral |
Nearly all deregulated regional power forward averages increased last week as natural gas prices surged. Forward prices in the Mid-Atlantic region (PJM) increased 8% for calendar 2022 and an average of 5% for the period 2022 through 2026. The Great Lakes Region saw a similar 4% increase in the forward strips through 2026 gaining 4% on the week.
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