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CES President and CEO Andy Price recently joined a timely and insightful webinar hosted by the Maine State Chamber of Commerce, “The Iranian Conflict, Energy Markets, and Maine’s Energy Strategy Ahead.” Andy shared CES’s perspective alongside a distinguished panel of regional and national experts.
The podcast explores the U.S. energy landscape one year into the second Trump Administration, examining growing market complexity, rising affordability concerns, emerging reliability risks, and the rapid pace of change.
At dawn on a December morning from where I live, I can see Maine’s failing energy policies drifting out into the frigid air....
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The 12-month rolling strip for Brent was down 3.4% week-over-week to $80.26/barrel, and WTI fell by 5% week-over-week to $75.57/barrel. Gas prices in the US are expected to rise this week after escalations in the US-Iran conflict due to a US Navy blockade of Iranian vessels.
The NEPOOL 12-month electricity strip fell 2.26% week-over-week to $76.82/MWh. The 2027 strip fell slightly week-over-week, while the 2028 and 2029 strips rose slightly.
. The NYMEX prompt month dropped by $0.20/MMBtu week-over-week to $2.80/MMBtu while the NYMEX rolling 12-month strip decreased by $0.16/MMBtu week-over-week to $3.53/MMBtu. Storage levels saw a net increase of 36 Bcf for the week ending March 27th.
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