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Natural Gas Market Indicators
Expectations for natural gas supply and demand balance in the United States for 2010 seem to be clearly rationalized in the futures market where price stability is the current order. Said another way, two months does not make a trend, however, it does appear that gas prices have entered a period of relative stability despite cold, then warm, then cold weather, production freeze-ins and political uncertainties – factors that have previously influenced natural gas price volatility.
In addition, analysts appear to be quickly turning from the fortunes of the 2009-2010 winter heating season and factoring in potential storage net injections, as well as natural gas into power generation for the coming summer, as part of the forward view of 2010 natural gas markets.
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.
Coming Down To Earth on a ‘Clean Energy’ Standard?
Read my latest response on the National Journal’s Energy and Environment Experts blog to the question, “Should Congress Embrace A ‘Clean Energy’ Standard?”
AGA has long supported, to the fullest extent possible, the development of a diverse domestic energy supply, including coal, oil, nuclear, wind, hydro, solar and, of course, natural gas. Senator Graham’s proposal, while an important first step, does not fully engage all of America’s low-carbon tools in our fight to reduce carbon emissions; specifically, it omits natural gas. As Energy Secretary Steven Chu recently told us at an AGA Board of Directors meeting, natural gas is a necessary component of any truly renewable energy program.
The fact remains that all of the power produced by alternative and renewable fuel sources meets only a small portion of the country’s daily energy needs, and those dependent on solar and wind to produce electricity rely on natural gas as a back-up fuel when the wind doesn’t blow and the sun doesn’t shine. A realistic plan for a low-carbon future, therefore, must include, and support, traditional and proven fuel sources such as natural gas.
With major energy producers publicly turning to natural gas as their fuel of choice, the message is clear – as the cleanest of all fossil fuels, natural gas can provide the nation and its consumers with a proven, reliable, low-carbon source of energy.
Equally important is ensuring that the most effective and efficient application of natural gas – its direct use in the home for space heating, heating water, cooking, and other end-use applications – is encouraged and supported. Direct use of natural gas is by far the most efficient, cost effective and green choice when compared to converting gas to electricity to power the same end-use applications.
The best way to address climate change and support the renewable market, while still providing America with the reliable energy it needs to grow its economy, is with a wide-ranging set of options that includes natural gas and all of America’s other energy resources.
The convenience of the natural gas fireplace
Natural gas is not only the cleanest fossil fuel, it’s also the most convenient – especially when you’re in the mood to warm up in front of the fire. Doityourself.com, one of the leading independent home improvement and home repair websites, thinks so too. They posted a great list of 15 advantages of a natural gas fireplace. So, pull up your favorite chair, take a look, kick back and relax.
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
