Natural Gas (Second Quarter 2008)
Into the wild, blue yonder!
UtiliTech reduces your telecom expenses while maintaining service quality and requiring little or no capital outlay:
- Bill Audit
- Tariff Rate Analysis
- Refund Recovery
- RFP Writing
- Contract Negotiation
Flexible service options designed to save your company money and time.
Customer Experiences
Sure enough, after gifting us with low prices during Christmas week, the market took off like a rocket after New Years day. A 90 cent drop on St. Patty’s day was cause for a brief celebration, but the market wiped out that buying opportunity by the end of March. As we enter the second quarter of 2008, we wonder whether we will be April fools for not locking next winter’s prices now.
Whether caused by fundamentals like cold weather and hefty storage withdrawals or craziness like $100/bbl crude oil and bullish hedge fund investors, gas consumers are being buffeted by upward-trending volatility the likes of which they have not seen since the hurricane-induced spike at the end of 2005.
Will the upward trend stall before September, or will a busy hurricane season simply make things worse? For those who need to buy gas, it’s not too late to formulate strategy for next winter and maybe even for the next several years. To do that, you will need to consider whether today’s market forces are short-term events or the beginning of a new set of fundamentals?
Without UtiliTech, busy buyers tend to rely on their gas supplier for advice. The problem with that is a supplier is driven by sales objectives, and tailors advice according to his or her particular company’s product portfolio. Conversely, as your consultant, we constantly monitor the market, and we manage market risks to best suit your business objectives.
At UtiliTech, we place great importance on providing services that meet each client’s needs. UtiliTech works closely with management teams to understand their business operation and to custom design a service package. Typical activities include:
Audit Past Activity – tax rates, imbalance penalties, and minimum bill charges
Evaluate Present Situation – contracts, tariffs, markets, budgeting, and taxes
Invoke Future Strategy - supplier choices, market timing and layered purchasing
Do you have time to watch the market? At UtiliTech, we monitor the gas market every day. We expect and anticipate price spikes caused by short-term market disruptions and even market manipulations. Pulling the trigger too early can cost plenty in terms of lost opportunity but there are times, the opposite is true. That’s why we provide our clients with GasWatch, a constant market monitor service.
Contact us today to discuss a customized package to bring gas costs under control for your business.
Simple Steps to Savings
