Do you worry about your monthly energy bill, and the slight breeze of change that might knock your finances out of whack? It’s strange to say that the gentle wind that is causing your energy bill to go up or down may actually be coming from continents away.
Since we are starting the downhill slope into the back-end of the summer, Shipley Energy thought it prudent to update our customers on what is happening around the globe, and how that is impacting the energy market outlook overall.
Politics, trade, and dynamic weather patterns bombard our news stations and make us question how changes will impact our daily lives. Most of the time, we have cause to worry—but should these concerns extend to your energy bill?
For the most part our subject areas tend to rest in a relatively stable rate. However, Liquid Petroleum Procurement Specialist at Shipley Energy, Mike Dombroski, recognizes natural gas as a “bullish” market due to its direct relationship with weather. If a sudden disturbance or disaster were to occur, prices could jump potentially to 30% by the end of the day. Besides natural gas, Dombroski assures us that it seems the other markets have “found their place”.
