Monthly Archives: August 2017

Richard Meyer Natural Gas Market Indicators: August 31, 2017

Even though summer temperatures have been warmer than normal on average this year, natural gas volumes to power generation remain below 2016 levels (down 2.9 Bcf per day year-to-date). Growth in gas exports has not been able to offset lower demand in both the power sector and residential/commercial, the latter of which is down 1 Bcf per day this year after a relatively mild winter. The result is that total lower-48 consumption of natural gas has been 1.9 Bcf per day less year-to-date in 2017 compared to the same period in 2016, per Bentek Energy.

Unpredictable events such as Hurricane Harvey also have an impact on the natural gas supply-demand balance in the short run. Hurricanes often require temporary production shut-ins, as Harvey does, but these events can also lead to demand reductions through cooler temperatures via the storm and reduction of economic output such as reduced manufacturing or refining during the duration of the storm.

Visit this link to download the full Natural Gas Market Indicators report. Topics covered in this week’s report include: Reported Prices, Weather, Working Gas in Underground Storage, Natural Gas Production, Shale Gas, Rig Counts, Pipeline Imports and Exports, and LNG Markets.

Please direct questions and comments to Chris McGill at cmcgill@aga.org or Richard Meyer at rmeyer@aga.org.

Posted in Natural Gas Market Indicators, weather | Leave a comment

Jackie Bavaro AGA Member Companies Commemorate 10th Anniversary of National 811 Day

This past Friday, August 11, marked the Common Ground Alliance’s (CGA)’s 10th commemoration of its annual 811 Day, which serves as a reminder to dial 811 before beginning any digging project.

Every six minutes an underground utility line is damaged because someone started a digging project without first calling 811. It’s required by law to dial 811 to mark the location of underground utilities and pipelines in your yard, whether you’re installing a fence, deck or swimming pool, planting a tree, or beginning any excavation project on your property. Once you’ve called 811, you will be connected to a local One Call Center which gathers information about your project and alerts your local utility company. Utility crews will come to your house to locate and properly mark the utility lines near the planned project to help you avoid those areas. The process is fast and free of charge.

As part of Call 811’s 10th anniversary celebration, AGA member companies educated their customers and the communities they serve about the importance of calling 811 before digging. The following highlights showcase many of the activities AGA members and partners participated in to help spread this important message:

On Friday, Washington Gas partnered with Pipeline and Hazardous Materials Safety Administration for its annual National Call 811 Day at Nationals Park to promote calling 811 and the importance of safety.

nats game

CGA President and CEO Sarah Magruder Lyle joined Pacific Gas & Electric in ringing the New York Stock Exchange closing bell along with a coalition of damage prevention stakeholders, reminding the public to #Call811 before digging on the 10th anniversary of 811 day.

CGA stock

CenterPoint Energy in Houston, TX hosted a downtown block party complete with food and prizes, while the utility’s Minnesota branch teamed up with line marking companies for the third annual 811 5k Run/Walk followed by a kids fun run, awards ceremony, prizes and safety fair. All proceeds from the 5k benefitted Operation Warm, an organization that provides warm winter coats to children in need.

5K

Atmos Energy kicked off National 811 Day by providing pipeline safety training to the City of Waxahachie, TX. In Ellis County, TX, Atmos has seen a 47 percent increase in requests by the public to have underground natural gas lines marked since 2008. Atmos was able to locate 2.1 million underground natural gas lines in 2016, alone.

atmos

Elizabethtown Gas participated by putting together an educational video on why you should call 811 before you begin digging a project.

According to CGA, data shows that when you call 811 before digging, you have less than a 1% chance of striking a buried line. Making a call to 811 is the easiest way to make sure you are keeping your communities safe and connected.

In addition to 811 Day, the month of April is National Safe Digging Month. As part of their ongoing commitment to safety, AGA member companies do a great deal of work to promote safe digging. If you are a natural gas utility, let us know about your activities to promote calling 811 and safe digging in the comments section below or by emailing jbavaro@aga.org. We’d love to hear what your utility has in the works and to share your activities on AGA’s social media pages and blog.

Posted in energy | Leave a comment

Chris McGill Natural Gas Market Indicators: August 15, 2017

This August has begun with natural gas to power generation volumes 5.0 Bcf per day on average below that in August 2016. Suffice to say, the record highs for natural gas consumption in the power sector during 2016 may not be matched this year. Interestingly, it is the industrial sector that is up about 0.4 Bcf per day this August compared to last and up 0.2 Bcf per day year-to-date to 21.2 Bcf daily. Demand in the residential sector is down 0.9 Bcf per day year-to-date making sector demand (without including pipeline and liquefied natural gas exports) about 3.7 lower in 2017 compared to 2016.

Recent forecasts from the National Oceanographic and Atmospheric Administration expect warmer than normal temperatures for the country except the desert southwest for August through November. As cooling degree data stands now, all regions of the country have been warmer than normal since May 2017 except for the East and West North Central, which has been slightly cooler. In aggregate, New England and Pacific regions have deviated the furthest from normal with 21.9 percent and 56.2 percent more cooling degree days, respectively, recorded since early May 2017. With that said, much of the country was cooler than normal last week and the week before, so is that a trend? Only time will tell.

Visit this link to download the full Natural Gas Market Indicators report. Topics covered in this week’s report include: Reported Prices, Weather, Working Gas in Underground Storage, Natural Gas Production, Shale Gas, Rig Counts, Pipeline Imports and Exports, and LNG Markets.

Please direct questions and comments to Chris McGill at cmcgill@aga.org or Richard Meyer at rmeyer@aga.org.

Posted in Natural Gas Market Indicators, weather | Leave a comment