Energy News

July 31st, 2015

Executive Market Summary

Click here to Download

This week’s storage injection came in 1 Bcf under the consensus expectations.  This would normally be bullish, but with storage levels higher than last year and slow economic conditions the market saw natural gas prices drop slightly.

Short Term driver-Bearish market

  • Natural Gas storage levels
  • 2nd Quarter GDP growth

Long Term Drivers

  • Clean Power Plan resistance
  • Pipeline Construction
  • EPA Regulation
  • LNG Export Projects
  • Natural Gas Exports to Mexico
Read More



July 24th, 2015

Executive Market Summary

Click Here to Download

With this week’s storage injection slightly above expectations after revisions, and the economy trending toward a deceleration in growth for the rest of 2015, expect gas prices to remain low. According to the ITR Economic trends report the overall economy is expected to rebound  in January 2016 accelerating growth rate to 3.7% bringing natural gas prices along with it.

 

Bullish Indicators

– Hot weather expected across the majority of the lower 48 states.

– Increasing levels of natural gas demand and consumption.

 

Bearish Indicators

– Natural Gas Storage

– Above average production levels compared to 2014

– Decelerating Economic Growth into 2016

Read More



July 17th, 2015

Executive Market Summary

Click Here to Download

After a bearish two weeks prices are expected to rebound is response to above average temperatures and a projected increase in demand.

Short Term driver-Bullish market

  • Above average temperatures
  • Natural Gas demand expected increase

Long Term Drivers

  • Pipeline Construction
  • EPA Regulation
  • LNG Export Projects
  • Natural Gas Exports to Mexico
Read More



July 13th, 2015

Executive Market Summary

Click Here to Download

Short Term driver-Bearish market

  • Above average storage injections
  • Record high production rate
  • Cooler weather drove demand down

Long Term Drivers

The Supreme Court ruled against the EPA on their MATS (Mercury Air Toxic Standard) regulation because they failed to weigh the cost to benefit implications. The case has been pushed back to the lower courts for the EPA to perform a cost analysis.

Read More



June 29th, 2015

Executive Summary

click here to download

Cooler than normal weather is expected in the Northeast and Midwest through July 5. This is a welcome change compared to last week where population weighted cooling degree days were 24% above normal. Last week’s warm weather hindered the latest storage injection which came in at 75 Bcf. This is down from 89 Bcf the week prior and less than last year’s 110 Bcf injection. It also came in below estimates of 76-80 Bcf.

Natural gas demand is up 17% this year to date compared to last year. A large part of this increase in demand has been led by power generation. Consumption of natural gas for power generation increased by 6.1% last week – 24.2% higher than the same week last year.

Long Term

US natural gas exports to Mexico reached a record high of 3.5 Bcf on June 18 (Bentek) bringing exports 33% higher year to date over 2014’s levels. Exports from the US to Mexico are expected to continue expanding with several pipeline projects in the works. Mexico’s increase in demand for natural gas is due to their commitment to reduce their dependency on fuel oil for electricity generation.

Exports to Mexico

Read More



June 26th, 2015

RPM Brings on a New Associate Energy Manager

Brett_1_SmallerRapid Power Management (RPM) is excited to announce the appointment of Brett Thompson as our new Associate Energy Manager.  Brett joins RPM with an extensive economics background and understanding of the business cycle.

Brett is currently tasked with assisting the needs of our pricing coordinator. He’ll be responsible for matching our sales team’s needs with the knowledge and insight that has propelled Rapid Power Management to the front ranking of energy consulting companies in Texas.

With a dedication to expanding knowledge, Brett will use an educative approach to maximize the effectiveness of his position before moving on to sales. He holds a BA degree in economics from Texas State University.

Please find Brett’s contact information below. You may begin copying Brett on pricing and contracts as he works to assist the pricing coordinator. If you have any questions or concerns about this request, please let us know.

Brett Thompson | BThompson@rapidpower.net 

rpm | rapid power management

t 469-759-1461 | f 972-820-0111

linkedin | twitter | google+ | youtube

Read More



June 22nd, 2015

Executive Market Summary

CLICK HERE TO DOWNLOAD!

Natural gas storage remains healthily above last year’s level and just 46 Bcf above the five year average. Last week’s 89 Bcf injection was below estimates of 91-95 Bcf and less than last year’s 112 Bcf injection for the same week. The market remains subdued but analysts believe that smaller injections, like last week’s, can be expected moving forward.

Eastern US power burn is increasing due to both temperatures and long term structural changes. According to NOAA, the Northeast recorded its warmest May ever and 12.1 GW of coal plants will retire by the end of this month. See chart below:

Nat Gas Consumption

Above normal temperatures are likely to continue through the week across the southeast and west. The Midwest and Texas will see mostly normal temperatures before cooling off a bit this weekend.

Read More



June 18th, 2015

TACCBO 2015

TACCBO 2015

David Knight, Energy Manager with RPM, discussing the benefits of LED technology with a TACCBO attendee.

 

It was Rapid Power Management’s ninth consecutive year to attend the TACCBO Conference. We are proud to support such a great organization!  Congratulations to our GRAND PRIZE winner Sherry R. Heffner on receiving an LED office fixture and a free lighting audit at Tarrant County Community College. Our Nanoleaf* winners are listed below:

1. Dawn Jones with Houston Community College

2. Ginger Wooster with Brazosport College

3. Gaynelle Hayes with Galveston College

4. Pamela Mays with Northlake College

*We were only able to give out 4 of the 10 Nanoleaf Bloom LED lights because 6 were taken from our booth without our knowledge/consent.

Read More



June 18th, 2015

The Human Solution Reduces Carbon Footprint

The Human Solution, an ergonomic office furniture dealer located in Austin, TX, is working to reduce their carbon footprint via LED technology. The company plans to eliminate the use of any traditional lighting in their warehouse and retrofit with LED bulbs/fixtures.

The fixtures, provided by Rapid Power Management, are improving the employee work environment and bring a 64% reduction in electricity use versus traditional lighting fixtures.

lights1

“Replacing our old fixtures with new LED fixtures have markedly improved our workplace environment,” said Bryce Bowerman, Operations Director for The Human Solution. “We’ve seen gains in worker morale and productivity due to an improved ambiance and a significant reduction in worker errors due to sight clarity.”

As a company focused on optimizing work environments The Human Solution is definitely practicing what they preach. They help customers find products and tools based on ergonomic principles that offer daily comfort and support.

If interested in the products and services that The Human Solution offers, please contact them at info@thehumansolution.com or 512-697-9330. Their website also offers a wealth of information!

Read More



June 15th, 2015

Executive Market Summary

CLICK HERE TO DOWNLOAD!

Natural gas prices are beginning to rise thanks to hotter weather. Summer temperatures put pressure on the market by increasing demand on electric power needs. The temperature outlook remains bullish as extreme warmth is expected for densely populated areas in the Northeast, Mid-Atlantic and Pacific Northwest. Additionally, El Nino conditions are certain to last through summer. The results will be hot temperatures in the Eastern and Central US, especially later in the season.

Supply and production remained nearly flat from last week which could pose an issue as electricity demand continues increasing. Analysts expect that the demand on natural gas increase from last year due to a combination of summer temperatures and the coal retirements due to EPA regulation.

While the 111 Bcf storage report was on the low end of expectations, it remains above both last year’s storage level and the five year average storage level. From April 3, 2015 (the start of injection season) to June 5, 2015, injections totaled 883 Bcf – 16% more than the 758 Bcf injected during the same period last year.

Read More