And
that's bad because many market conditions suggest that natural
gas prices are going much higher. If so, some power companies
could actually be forced to turn off the lights! In the past, the
month of May was traditionally a "shoulder season" for
natural gas; low demand, low prices, low market volatility. So
much for tradition. For a lot of reasons, natural gas prices might
be in store for a wild and dangerous ride - soon.
All
the elements are in place for a price explosion.
Look
for a repeat of May, 2003, when local distribution companies
bought large amounts of natural gas to replenish their depleted
winter stocks. As a result, spot market prices leaped almost 19%
-- with futures soaring even more. What makes things far worse now
is that natural gas spot market prices are already higher than
EVER for May. What's more, oil is threatening to break through
$40/barrel. And the coal market is very tight. While there is hope
that natural gas prices have peaked, many believe they're poised
for another breakout - to as much as $8 - $10/MMBTU by summer. How
would such a move affect the power industry?
Can
your power company weather this
gathering storm?
In
recent weeks, demand for electricity has been growing rapidly - by
as much as 7.2% per week on a year-to-year basis. This could put
huge additional pressures on the natural gas market through
summertime. In the face of such a viable scenario, with natural
gas prices soaring and precious supply diminishing, what must
power companies do to withstand the challenges ahead?
Our
PowerSessions will get to the heart of many vital issues,
including:
What's
the real impact of natural gas prices on the wholesale power
markets?
Will
natural gas supplies be adequate to meet power industry needs?
If
a shortage occurs, how will natural gas be allocated?
Will
some power companies actually run out of power this summer?
Will
the next natural gas price surge leave power companies in the
dark?
Register
your whole team - $197.00 per phone line
No travel fees-No out of office time!
The
information provided in this session will help you to:
-
GAIN
a clear understanding of the true risk if natural gas and
electricity prices soar much higher than expected
-
BENEFIT
from specific price forecasts by industry experts
-
LEARN
precise steps you can take to help mitigate the risk
-
DEVELOP
proactive, far-sighted strategies and contingencies
Register
now and get a FREE 3-week trial subscription to Andrew Weissman's
weekly online newsletter: Natural Gas Market Report & Analysis
|