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Electric: As we come out of the hottest summer since 1950, we have seen some upswing in the natural gas market due to high demand for natural gas-fired electric generation and historically low storage injections. This has not had a proportional effect on the electric market as pricing has still been very competitive. Even with natural gas prices experiencing multiple rallies over the summer, power prices have only seen marginal movements upward, surprisingly not following the typical correlation that electricity shares to natural gas pricing swings. Heading into the cooler portion of the year, forecasts for the upcoming winter will likely start to drive power prices as models begin to gauge potential constraints on various RTO grids. Now is the time to consider pricing your electric load while wholesale market prices are at competitive levels. Gas: The NYMEX for September 2016 settled at $2.85, a 7% increase from the August settlement of $2.67. This past Wednesday, the NYMEX for October 2016 settled at $2.95, a 4% increase from the September settlement. The October NYMEX crossed the $3.00 threshold back on September 20th, touching as high as $3.10 the following day. This is the highest prompt month pricing level we’ve seen since July 1st when pricing was capped just short of $3.00. Before this recent occurrence, we hadn’t seen front month prices at or above $3.00 during intraday trading since May 21, 2015. It will be interesting to see if prompt month prices can stay at or near sub-$3.00 moving forward, considering they were able to remain under this point for 336 consecutive trading sessions (spanning May 22, 2015 – September 19, 2016).