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  Weekly Market Update

November 30, 2017

  Natural Gas

December 2017 natural gas futures rallied over 25 cents this week before closing Tuesday at $3.074/MMBtu. January 2018 futures took over as the prompt month on Wednesday opening at $3.131/MMBtu.

Today the EIA announced a 33 Bcf withdrawal of gas from storage, slightly less than what was anticipated.

  Electricity  

Real time power prices have remained steadily around $25/MWh for a few weeks. The 30 day average as of Wednesday is $25.79/MWh

Electricity futures jumped with natrural gas this week. The 12 month strip is up over $1/MWh this week at $30.83/MWh.

  12 & 24 Month NYMEX Strip

  12 & 24 Month Zone A Power Strip

  This document is intended for indicative purposes only. All information contained within this report is acquired from third party sources and EnergyMark makes no representations or warranties, express or implied, as to the accuracy of the information provided herein. EnergyMark is not liable for any actions or decisions made in reliance on the information provided in the report.

EnergyMark has helped over 11,000 customers save money on their natural gas and electricity bills and this winter we are giving back. We're giving away one year of free heat this holiday season to one resident in the Rochester area. The winner will be selected on December 22nd and does not need to be a current or previous customer! If you or someone you know would like to enter for a chance to win, simply visit RochesterFreeHeat.com!

 Weather Watch  

  NOAA 30 Day Outlook