JUNE 15TH 2020
YOUR WEEKLY JOLT
So many of the things we’re used to doing in person have evolved into virtual opportunities: going to the office, visiting with friends, celebrating major family milestones, even dating.
Add to that an incredibly varied list of educational, cultural and even virtual travel experiences—many of them free, all offering a chance to go places, see things and expand our knowledge without ever leaving home. For example, you can tour Buckingham Palace, take a dog sled ride through Alaska, livestream the northern lights, visit MOMA, and learn how to make a new taco Tuesday recipe from a famous chef. All you need is a laptop and a dream.
We’ve compiled a shortlist of our favorites below. In the meantime, enjoy this week’s Jolt.
- Experience Disney Parks Around the World With These Virtual Rides (Video)
- Chicago Is One of the Coolest Cities in the Country — and You Can Take a Virtual Trip There Right Now
- BroadwayHD Is Letting You Watch Your Favorite Musicals For Free — for a Limited Time
- This Virtual Tour of Hawai’i Volcanoes National Park Will Make You Feel Like You’re on an Epic Island Hike
- How You Can Livestream the Northern Lights Right Now
- Spot Dolphins in the Ocean With These Calming Beach Cams
- Want to Leave This Planet NASA Is Offering Some Seriously Cool Virtual Space Tours Right Now?
- 10 Cocktails That Will Take You Around the World While You’re Stuck at Home
- 18 Italian Hotel Chefs Share Their Favorite Recipes to Help You Get a Taste of Home
- These World-class Hotel Chefs Will Create Custom Recipes Based on the Ingredients You Already Have at Home
Or, check out the entire list here.
Heating Oil
- Prompt-month heating oil futures decreased 1.82% for the week ending Friday, 6/12, as prices fell $0.0207 per gallon.
- On the New York Mercantile Exchange, crude futures for delivery in July closed at $36.80 per barrel on Friday, 6/12, up 2.81% for the day, and down 6.27% for the week.
Why So Crude? Crude oil prices fell last week but were up slightly on Monday, trading around $36.50 a barrel. The market reacted bearishly to a resurgence of new coronavirus infections in the United States and many key countries around the world, with some concerned that the recovery in oil demand would take longer than previously thought. In the United States, which is the world’s largest consumer of oil, more than 25,000 new cases were reported on Saturday alone, and new outbreaks were also reported in China and Japan. Investors will look for further cues from monthly oil market reports by the International Energy Agency and OPEC, which are both set to be released this week. The Baker Hughes oil rig count showed that the number of active rigs in the U.S. decreased for the eleventh straight week, going from 206 to 199.
Natural Gas
- Prompt-month natural gas futures decreased $0.051 for the week ending Friday, 6/12, to settle at $1.731/Dth.
- Overall supply decreased by 0.2 Bcf from the previous week. Total demand increased by 0.5 Bcf.
- Natural gas exports in March 2020 were 496,866 million cubic feet, compared with 373,539 million cubic feet in March 2019. This is a 33.02% increase.
- Net injections into storage totaled 93 Bcf for the week ending 6/5, compared with the five-year average net injections of 94 Bcf and last year’s net injections of 107 Bcf during the same week.
- Working gas stocks totaled 2,807 Bcf, coming in 421 Bcf higher than the five-year average and 748 Bcf more than the year-ago level.
Steady Prices. Coming off a sharp sell-off late last week, natural gas prices were largely neutral in early trading Monday as analysts noted only small adjustments to the outlook for weather and the supply/demand balance. – NGI
Electricity
- Average peak prices in NYC increased last week, rising $1.22 to $22.59 per MWh.
- Average peak prices in Central NY’s Zone C increased, rising $2.37 to $19.90 per MWh.
- Average peak prices in New Jersey’s PSE&G increased, rising $2.36 to $20.84 per MWh.
- Average peak prices in New Jersey’s ACE increased, rising $2.31 to $20.39 per MWh.
- Average peak prices in Pennsylvania’s PPL increased, rising $2.69 to $21.64 per MWh.
- Average peak prices in Maryland’s BGE increased, rising $0.19 to $29.97 per MWh.
- Calendar 2020 prices in NYC increased $0.08 per MWh, and Zone C prices increased $0.30 per MWh.
- Calendar 2020 prices in PSE&G increased $0.29 per MWh, and ACE prices increased $0.27 per MWh.
- Calendar 2020 prices in PPL increased $0.26 per MWh.
Behind The Scenes. When Edison lit up Manhattan on September 4, 1882 – NYHistory.org
