Weekly Energy Report
April 29, 2025
April 28th – Gas futures finally found some footing today, rallying $0.233 to close at the highest level we've seen in over a week. Meanwhile, the front end of the power curve took a hit after the weekend, with today's liquidation coming in much lower than anticipated. Gas prices surged, dragging power along for the ride, though not quite as dramatically, which squeezed heat rates at the front end of the curve.April 25th – Heading into the weekend, the front end of the power curve dipped, with no significant sustained heat expected in the coming weeks. Natural gas prices held steady today, but weak liquidations have started to put pressure on short-term prices as we move into May.
