DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,707 Bcf as of Friday, March 14, 2025, according to EIA estimates.
This represents a net increase of 9 Bcf from the previous week. Stocks were 624 Bcf less than last year at this time and 190 Bcf below the five-year average of 1,897 Bcf. At 1,707 Bcf, total working gas is within the five-year historical range.
Renewable Energy means lower energy bills….why stop that?
The lowest cost energy production in the United States is wind and solar.
There are many reasons for this, starting with the fact that neither of these require to pay for fossil fuels to generate electricity for 25 years. Wind and solar is the cheapest electric production sources across the world. The scale of investment drives down the costs of adoption and has improved the efficiency in the technologies steadily for 20 years.
The Federal Government supports both fossil fuel (since 1890) and renewable energy production (since 2002).
Consider:
In the U.S., newly built solar and wind farms can provide power at a cheaper rate than 99% of the country’s remaining coal plants. Even fossil gas, the workhorse of the U.S. grid, struggles to compete with new clean energy. A study from Think Tank RMI found that portfolios of solar, wind, and batteries paired with utility energy-efficiency investments can serve grid needs at a lower cost than newly built gas-fired power plants.
So, what is the impact from the US stopping the investment and advantages that our past Federal Government support has bought? Well, an increase in energy costs! Yes, an increase in energy costs, roughly 0ver $90/year per household.
Just like a teeter-totter push one end down the other goes up. If the US wants to increase fossil fuels use it will increase the costs of energy for all US consumers, while the rest of the world’s energy price goes down.
Realgy Energy Services is a registered Retail Energy Marketer serving commercial customers in the states of Illinois, and Indiana. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 11 solar plants in Illinois and is looking to invest in additional locations.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,698 Bcf as of Friday, March 7, 2025, according to EIA estimates.
This represents a net decrease of 62 Bcf from the previous week. Stocks were 628 Bcf less than last year at this time and 230 Bcf below the five-year average of 1,928 Bcf. At 1,698 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,760 Bcf as of Friday, February 28, 2025, according to EIA estimates.
This represents a net decrease of 80 Bcf from the previous week. Stocks were 585 Bcf less than last year at this time and 224 Bcf below the five-year average of 1,984 Bcf. At 1,760 Bcf, total working gas is within the five-year historical range.
Illinois’s largest utility unveils $100M to spur EV adoption
The policy whiplash coming out of Washington can make it very difficult to implement planning for consumers, state Governments or companies.
Climate challenges, convenience, and cost reductions have led Governments worldwide to encourage EV adoption. President Trump and his administration are an outlier. They are actively undermining $100 million in investment and consumer purchases.
In the midst of this confusion, it is understandable that governments, companies along with consumers might wait for clarity. However, that is not what is happening.
ComEd and the State of Illinois continue to recognize the reasons why EV adoption began nearly 20 years ago. ComEd is announcing the goals of climate change, the economic advantages of EV, and the adoption by consumers will continue to drive business decisions. As such, ComEd announced the following investments.
- $100 million with specific targets of
- $53 million for business and public EV fleet adoption
- $38 million for infrastructure upgrades (transmission and distribution)
- $9 million for residential support
Realgy Energy Services is a registered Retail Energy Marketer serving commercial customers in the states of Illinois and Indiana. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 11 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,840 Bcf as of Friday, February 21, 2025, according to EIA estimates.
This represents a net decrease of 261 Bcf from the previous week. Stocks were 561 Bcf less than last year at this time and 238 Bcf below the five-year average of 2,078 Bcf. At 1,840 Bcf, total working gas is within the five-year historical range.