Meet the Energy Source Team
In the same way that we value the differences between our customers, we value the individuality of our employees. Our focus is on talent rather than on titles. We match individual strengths to client and company needs.
Natural Gas Services
With a multi-faceted approach to natural gas services.
We specialize in providing a customized solution to meet your needs in the long term. With a powerful combination of natural gas services, Energy Source can help you become a market maker not just a price taker.
Energy Source is your ally and business partner in the complex natural gas market.
November 27, 2024
Natural Gas (US/MMBtu)
$3.204
▼$0.263
▼7.58%
The EIA report showed a 2 Bcf withdrawal from storage for the week ending November 22. That matched the expected withdrawal, allowing markets to push prices back down, reversing the gains from earlier this week. The 2 Bcf drawdown was much lower than the five-year average of 30 Bcf. Withdrawals will be picking up the pace over the coming weeks and it may not take long before the current year-over-year surplus turns into a deficit. Forecasts for next week show the East Coast in a colder-than-normal pattern. Now that gas futures are north of $3 US/MMBtu it’s more likely we stay north of that figure until we get deeper into winter. Markets tested $3.50 US yesterday and failed. It’s still very early in the season so expect traders to make another attempt to get above that number. (MB)
Did you know Polar Bear Provincial Park is Ontario’s largest park? It’s so remote, there are no visitor facilities, and you can only get there by air—with special permission! Every year, hundreds of polar bears migrate through this incredible wilderness.
We Are Your People
• A Passion for Gas
• What Makes Us Different
• Our Philosophy
Energy Source Combustion Club
We value our long term clients
The Energy Source Combustion Club is a band of like-minded companies leveraging the power of the group. You’ve reached a significant milestone of being our customer for over 5 years and have burned more than 1,000,000 GJs of natural gas. We want to thank you for being our partner.