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BREAKING: All of Puerto Rico — every town, neighborhood, house — is without power.
That’s 1.4 million households.
Winds over the southern portion of the island have gusted 80-100 mph, but elsewhere winds have been much lesser. Despite this, the grid is tenuous at best.
Hard to believe the European NatGas spot prices over past 5 days have averaged around $80/MMBtu while Alberta (Canada) NatGas spot prices have average $0/MMBtu!
1 Year NatGas Forward Strip (USD)
Europe (TTF) - $80/MMBtu
Alberta (AECO) - $5/MMBtu
Energy scarcity vs abundance
The gas crisis - already screamingly bad - is getting worse
Prices in Europe and UK on course to close at fresh record levels today
These are gas prices in barrel of oil equivalent - remember, oil has never in history topped $150
Europe = $420/bbl
UK = $324/bbl
US = $51.50/bbl
I want to give away a free 1 year subscription to my paid newsletter on exchanges & market structure (a $249 value). To enter:
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Will choose a winner in 48 hours.
https://t.co/rsfAT80cW9
📢Funding News: Proud of our portfolio company @HedgehogMarket for closing their $3.5M Seed Round!
It’s been extremely rewarding to see the team's incredible progress & a pleasure to work alongside an extremely capable and focused group. Can’t wait for what’s in store.
Prediction markets startup @HedgehogMarket is the latest dapp to build on @solana following a $3.5 million funding round.
@cheyenneligon reports
https://t.co/NnsHIey7aE
Here's an interesting chart plotting CME & CBOT seat prices from 1990 - 2015, which topped out at over $1.5 million before the exchanges merged & went electronic:
Nodal Exchange offers access to electronic markets in natural gas, power, and environmental futures. If you would like more information or access to this screen, please contact Energy Markets at [email protected] or (703) 962-9820.
On Friday, Nodal Exchange topped 100,000 contracts of open interest, across the world's largest suite of listed Carbon, Renewable Energy Certificates (RECs), and Renewable Fuel futures contracts. Thank you for your support!
Welcome to 2021! To start the new year off right, we would like to remind you of some of the key benefits of choosing Nodal Exchange.
To learn more about reasons to trade on Nodal, visit: https://t.co/p3P0GSWYTe
WASHINGTON, DC – Nodal Exchange grew its environmental futures open interest 132% from the prior year, ending August with a record 76,933 contracts of open interest.
Read more: https://t.co/qVRx9PSvSM
Nodal Exchange sets records in power open interest in May with majority of market
WASHINGTON, DC – Nodal Exchange continues to improve its strong position in the North American monthly power futures market with its highest volume May ever.
Read More: https://t.co/RLLu7GshC7