Last updated Dec 28, 2011

Which way are Energy Prices Headed?
Energy prices are affected by the following key factors:
  • Supply 
  • Demand
  • Major Weather Events
  • Geo-Political Climate
  • The World Economy
  • The US Economy
  • Seasonal Cycles
  • Speculation 
We are currently coming off at a 6-year low in energy prices as global energy demand starts to recover.
After the big surge due to the incredible rise in oil prices from $25/bbl to over $125/bbl, the global financial crisis caused demand for energy to weaken substantially.  Now that the world economies have stabilized and are recovering, energy prices have started to rise again.
If you believe the world economies are recovering and that energy demand will rise, now is the time to lock in these historically low rates.

 

Graph of Daily Natural Gas Prices


Graph depicts natural gas prices for the last 6 months which drives the price of electricity. 

     

Graph depicts natural gas prices for the last 2 years which drives the price of electricity. 


Click Here to See Direct Feed For The Natural Gas 6 Month Graph


Click Here to See Direct Feed For The Natural Gas 2 Year Graph
(To see the 2 year graph, change the time to 2 years in the time drop down box 'and then hit the 'build graph' link. ) 

From this graph you can see that energy prices are currently at market lows.
Now is the time to lock in rates before the US and World economies recover and rates rise again.

Pennsylvania Electricity Prices -
Last 6 Years from August 2005 to August 2011


Click here to see larger image


 

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