I want to create a thread specifically for West Hub Traders. We all know that West Hub is by far the most liquid contract in the US, and arguably the most important. Let's chat and talk markets here.
Been a slow week, load at the bottom of the barrel, no conastone-northwest, stack is getting stronger by the day. Those weeklies tanked after that GFS cooled off a ton. We'll see if we get the Friday blow ups again if Brandon comes out.
I have been checking back for years to see if anyone talks about power markets, and there has never been much. Thanks for starting this, we'll see if it lasts. What do you think about this summer? July is trading around 47...
Well let's get the ball rolling. Pretty darn bearish to be honest with all the new gas builds in the east like Brunswick Panda CPV etc. May was trading 38s shortly after Mid April. BalDay has been terrible these days, really need long term gas to rebound.
I know its scary to think how long gas will be low for with the glut that we currently have... I think as older coal units continue to retire, and we see nukes become unprofitable as well, there will be a time when it gets interesting again, just hope its sooner rather than later
Friday was pretty fun. Market dropped from $20 from $60 in an hour, really need congestion to keep markets exciting nowadays. Loudoun is a tricky one.