2018 May E-Newsletter
PRESIDENT'S POST
Valued Chamber Member,

Here's a heads up for some exciting upcoming events!

We have winter wrapped up and heading towards summer. The Chamber had a very busy month in April. Our Member Appreciate/Benefit Day went very well and we will repeat in 2019. We had six vendors that enjoyed being here and we will try to expand that next year. I want to thank Jacob Meats for providing the brats, Coco Cola for the pop, and water and Pete Lundberg for cooking our brats.
Defiance Premier Networking Group hosted April’s Business after Hours at the Elks. There was fourteen of our Chamber members represented there. Great turnout!
May is starting as April ended. We have many opportunities for our members to be involved in the local community. We will have a Ribbon on May 10 th at Serenity Oils at 424 Clinton Street at 10am. Hope to see you there.
Saturday May 12 th is the Lilac Festival in Downtown Defiance that kicks off at 10am. This is great event put on by the Defiance Downtown Visitors Bureau. Please come down and visit the downtown and the vendors that will be here.
On May 17 th, we have our Business after Hours sponsored by Service Master by McCann hosted at 4KD Crick Brewery. This is an excellent opportunity for members to come out, relax and network with other individuals and businesses. Please join us at this event.
June 1 st will be our First Friday Luncheon at Sweetwater with our guest speaker Morris Murray, Defiance County Prosecuting Attorney. Please go to our website at www.defiancechamber.com to register for this event.
The warm weather always brings the thought of golf and our annual golf outing will be held on Friday July 13 th at Eagle Rock Golf Course with registration at 10 and shotgun tee-off at 11. Please follow this link to sign up http://www.defiancechamber.com/golf-outing.html
This is a short message this month, but enjoys the warmer weather and thank you for your support and dedication to the Chamber
.

Darrell Handy
President/CEO
Defiance Area Chamber of Commerce



Ribbon Cutting and Grand Opening
Serenity Oils
Located at 424 Clinton Street
10am Thursday Morning
Please join us at this event to welcome Serenity Oils to Downtown Defiance
Energy Market Update

Natural Gas:  Despite a record stretch of frigid cold between the end of December & beginning of January, winter NYMEX pricing has remained at historically competitive levels aside from a brief run-up in the February NYMEX.

January 2018 final NYMEX settlement = $2.74/MMBtu
February 2018 final NYMEX settlement = $3.63/MMBtu
March 2018 final NYMEX settlement = $2.64/MMBtu

For the week ending January 5, 2018, a record 359 BCF (“billion cubic feet”) of natural gas was withdrawn from underground storage supplies, shattering the previous weekly withdrawal record of 288 BCF by a resounding 25%. Current storage levels show a 32% deficit vs. year-ago supplies along with a 16% shortage vs. five-year average supplies. NYMEX futures prices have remained under $3, however, as record production levels are anticipated to rapidly replenish supply levels as we enter in the natural gas injection season.

Electric:  Much to the delight of customers entering new agreements, the electric market has continued to present opportunities for competitive pricing and bottom line savings. While we saw an uptick in pricing during the frigid cold of winter, this has since settled back to a less volatile price trend with smaller swings in pricing over the past few weeks. We continue to remain in a backward-dated market with terms extending into 2021 and 2022 generally offering lower rates.

Regulatory directives remain a hot topic with state and federal agencies discussing items such as grid resiliency, infrastructure, security, and supporting baseload generation.  As always, CES will monitor the proceedings and keep customers abreast of any regulatory changes that may affect your energy bills as a result of these ongoing discussions.

If you have not reviewed your electric purchasing strategy recently, now is the time to do so as we head into the warmer months.  Summer often presents volatility in the electric market so don’t wait until you crank the AC to be sure your business is prepared!

Please feel free to contact our Chamber Energy Solutions Energy Consultant, Trevor Kendrick, at (419) 491-1011 or tkendrick@palmerenergy.com to review.
June First Friday Luncheon is Three Weeks away!
and we can't wait!
June 1, 2018
Keynote Speaker
Morris Murry
Defiance County Prosecuting Attorney will talk on the following issues

  1. A review of current drug trafficking kinds of cases being seen in our local Criminal Justice System and the variety of options we are confronted with for addressing these crimes
  2. A discussion on proposed amendments to Ohio’s Constitution that may appear on the ballot in November that would force the Legislature to make sweeping changes to Ohio Criminal Law and create serious issues for public safety
  3. Some of the troubling issues created by social media and constant access to these apps by children - a Prosecutors perspective

12:00 PM - 1:00 PM

Reservations required by end of business, Weds. May 30th

Reservations Required
SEATING IS LIMITED !
Plan to JOIN US FOR ... ...
Thursday, May 17th
5:00 - 7:00 PM

Please join the
Defiance Area Chamber of Commerce
for
Business After Hours

Sponsored by

ServiceMaster by McCann

Hosted by 4KD Crick
Catered by Sweetwater Chophouse




Mark Your Calendars!
Promote your company with door prize giveaways at each one of these events!

Contact us if you would like to donate a door prize!
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