RSS Feed
| 
Natural Gas Market Indicators
The large weather system sporting snow and cold that covered two-thirds of the United States last week pushed seasonal demand to over 100 Bcf for a single day on December 10, which is relatively early in the winter heating season for a peak demand day.
Fortunately, the country was well-prepared for the event with storage bursting at the seams and with production, imports from Canada and LNG responding to market requirements. In the middle of the storm, energy commodity prices for natural gas, oil and coal actually declined after the initial reaction to the coming weather event, then bobbed up and down in relatively narrow bands.
Price movements during the storm generally confirm a strong supply position for winter heating season fuels, in general.
Visit this link to download the full Natural Gas Market Indicator. Topics covered include: Reported Prices, Weather, Working Gas in Underground Storage, Natural Gas Production, Rig Counts, Pipeline Imports and Exports, and LNG Markets.
Other posts that might interest you:
Comments
Tell us what you're thinking...and don't forget you can check the 'Notify me of followup comments via e-mail' box under the submit button. If you want a pic to show with your comment, go get a gravatar!
True Blue Natural Gas Blog from the American Gas Association (AGA)- Natural gas is ahead of the curve
- Spectra Energy receives the 2009 Natural Gas Video Award
- Natural Gas Market Indicators
- Sen. Murkowski, Energy Leaders Point to Natural Gas as Large Piece of the Climate Change Puzzle
- Diversification of natural gas supply is an essential consumer protection
- From Austin to Boston in a natural gas vehicle
- Natural gas, how about zero carbon emissions
- The real natural gas message in a climate crunch
- Let’s work together to protect our seniors
- Natural Gas Market Indicators
