Thursday, June 13, 2024

Thursday, June 13, 2024

Locator: 47837B.

WTI: $78.49.

Friday, June 14, 2024: 62 for the month; 126 for the quarter, 325 for the year
40092, conf, Whiting, Sanish Bay W 5293 34-1 4B,

Thursday, June 13, 2024: 61 for the month; 125 for the quarter, 324 for the year
40313, conf, Empire North Dakota, Woodpecker 29-11 1H,
40091, conf, Whiting, Sanish Bay W 5293 34-1 3T

RBN Energy: Texas, California summertime power prices moving in opposite directions. Archived

 Texas and California are opposites in many ways, including their expectations for power prices in the summer ahead. Texas set single-day demand records several times last year and is anticipating more sizzling temperatures — and higher power prices — this year with demand expected to be near available supply. It’s the opposite for California, where the state’s extensive renewable buildout and higher-than-normal hydropower resources are helping keep a lid on power costs. In today’s RBN blog, we’ll examine the factors impacting Texas and California that are causing these polarizing power conditions.

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