Chris McGill Natural Gas Market Indicators: February 15, 2017

In North America, natural gas prices have slid below $3.00 per MMBtu with what is turning into another less-than-bitter winter for the lower-48 states. Without strong traditional sector demand—heating loads in homes and businesses—the market has instead found incremental demand and year-on-year growth from pipeline exports to Mexico and LNG shipments from Sabine Pass. Current National Weather Service forecasts point to warmer conditions for most of the country through the balance of the current winter heating season.

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.

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Jackie Bavaro American Gas Magazine Spotlights 2017 NARUC President Robert Powelson

The February issue of American Gas magazine titled, With Drive and Determination, features Robert Powelson, 2017 President of the National Association of Regulatory Utility Commissioners (NARUC), and discusses his three priorities for the year ahead: infrastructure, investment and innovation.

As Commissioner of the Pennsylvania Public Utility Commission, Powelson firmly believes that a well-maintained and resilient infrastructure is critical for a strong economy. Hailing from the second-largest natural gas production state in the nation, Powelson has seen first-hand the economic renaissance taking place, due in large part to the shale revolution.

NARUCIn his role as NARUC President, Powelson aims to provide a broader conversation around modern utility infrastructure investment among lawmakers, local distribution centers and industry stakeholders. Powelson is encouraged by the conversation taking place within NARUC about updating the Public Utility Regulatory Policies Act and examining ways for state commissions to incorporate ratemaking tools that stimulate infrastructure investment.

A cornerstone of Powelson’s NARUC Presidency will be to focus on opportunities for innovation within the utility industry. Today, customers expect to have access to smart thermostats and meters, as well as the ability to be more involved in their energy usage, pricing and sources of generation. It is important that utilities begin to explore ways to improve the overall customer experience and engage customers in a more personal way.

Over the next year, NARUC will focus on bringing the thought leaders in technology to NARUC and showcasing some of the newest technologies in the utility realm. Examples include battery storage technology, oxide fuel cells and new combined heat and power initiatives.

For the complete American Gas magazine article, please click here.

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Richard Meyer Natural Gas Market Indicators: January 27, 2017

The first three months of the 2016-17 winter heating season have been warmer than normal in aggregate for every region of the country. However, a recent peak day volume was nearly as high as the peak day from the first quarter 2014 polar vortex. Gas demand has been growing too, particularly as a result of institutional changes in demand from a recovering industrial sector, a power sector with an insatiable appetite for incremental gas generation.

After beginning the winter heating season with the largest fill in history, underground storage volumes are now 0.7 percent below the five-year average as lower temperatures and new structural demand in the form of natural gas power generation, firm industrial demand, seasonal heating loads and exports have facilitated triple-digit net withdrawals six of the past seven weeks.

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.

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Tracy Burleson NAHB International Builders’ Show 2017

IMG_0846The American Gas Association (AGA) is looking forward to the 2017 National Association of Home Builders’ (NAHB) International Builders’ Show (IBS) taking place this Tuesday, January 10 through Thursday, January 12. This year, IBS and the Kitchen & Bath Industry Show (KBIS) will co-locate at the Orange County Convention Center in Orlando, Florida to create Design and Construction Week.

AGA’s exhibit booth will include 11 natural gas appliance manufacturers featuring the latest industry technology available to consumers and builders. This year’s manufacturers include Bevelo Gas & Electric Lights, Westport, BlueStar, FiveStar, Bradford White, Lennox Industries Inc., Navien, Rinnai Corporation, A.O. Smith, R.H. Peterson and Legendary Lighting.

Throughout the week, the AGA booth will be the site of new and exciting natural gas industry events. On Tuesday, January 10, the Florida Natural Gas Association will host the “Energy Boost” reception at 10:30 a.m. with fruit smoothies and healthy food. BlueStar will present multiple live cooking demonstrations on Tuesday at 10 a.m., 11 a.m., 2 p.m. and 3 p.m. and again on Wednesday, January 11 at 1o a.m., 11 a.m., 2:30 p.m. and 3:30 p.m. Wednesday will also feature a reception hosted by the Energy Solutions Center beginning at 2 p.m.

Over the course of the week, AGA will use Twitter, Facebook and Instagram to promote the American Natural Gas Industry Exhibit in booth W2519. In addition, AGA will give away a French Barrel Oak Fire Table from R.H. Peterson on Thursday, January 12 at 2 p.m. Forms will be available for all attendees at the booth throughout the week.

IBS 2017 promises to be a successful event delivering the largest number of building professionals in one location. We look forward to seeing you in Orlando!

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