NEI Energy Markets Report (December 11th - 15th)

Here's a summary of what went on in the energy markets last week:

Electricity prices decreased throughout the country last week (see pages 1 & 2). Gas prices fell at the Henry Hub decreasing $0.69 to $7.13 / MMBtu (see page 4).

According to TradeTech, uranium prices last week experienced “the single largest increase reported since 1968.” TradeTech and UxConsulting reported uranium prices at $72 / lb U3O8.

According to EIA’s Short Term Energy Outlook, residential electricity demand in 2006 is estimated to have increased by 0.3 percent over 2005 demand. While a return to normal weather could increase pressure on the Henry Hub spot price, high levels of natural gas in storage and the forecast of slightly warmer-than-normal weather are expected to keep natural gas spot prices below $9 per mcf on average
through the heating season (see page 8).

For the podcast click here. For the report click here (pdf). It is also located on NEI's Nuclear Statistics webpage.

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