But one more really cold snap and it will send inventories near zero.
Natural Gas Inventory Exceeds Five-Year Average - EnergyThe interpretation of the crude and natural gas reports are as follows.The EIA released its weekly natural gas inventory report on February 16.Lower 48 working natural gas inventories as of October 31, 2012 were at an end-of-season record of 3,923 billion cubic feet (Bcf), based off an.
The colder weather has had an impact on storage levels, but not as much as.Natural Gas Intelligence (NGI), is a leading provider of natural gas, shale news and market information for the deregulated North American natural gas industry.Be aware that last year the use of coal to generate electricity went up by 6% while the use of natural gas went down by 12%.There was concern about next year especially if there is another cold winter.
U.S. Greenhouse Gas Inventory Report: 1990-2014
Here are three ways investors and traders can play the natural gas markets using ETFs.It directly provides you an idea about commodity demand and supply.
5 year average natural gas inventory reaches 2 year recordExtrapolating previous years would have interested with zero around mid to late April, after injection season has resumed.I assume that some might be available in an emergency but it is needed to maintain proper pressure and flow. Stay tuned.When I finish the 5th, then I will have time to put up something new.In fact, the winter of 2011-2012 failed to pull gas inventories below 2 tcf for the first time in over 20 years.
There must be a few good reasons to express why we are stuck at 22 comments and in a seemingly endless holding pattern.
Natural Gas Prices Are Rising, As Inventory and SeasonalNatural gas inventories for Southern California have remained flat this summer, even though most power facilities use this time of year to build up stocks.
For example, in September 2016, Natural Gas prices fell, due to the perception that the demand may not be sufficient to decrease stockpiles significantly.When I got back last Friday, I had 5 writing deadlines to finish by this Wednesday.
HOUSTON — Natural gas inventories fell more than expected for the week ending Jan. 2, as more normal winter weather returned to the U.S. Natural gas.The inventory reports contain a lot of information but to summarize, they comprise.Natural gas inventory declined more than expected, well below the five-year average, and the inventory level now exceeds the five year average.Feb. 16, 2017, 11:35 a.m. EST Natural Gas Inventory Posts Small Drawdown, Price Slips to YTD Low.Commodity Calls collects the data for its members from various sources and present it for the your convenience.
Natural Gas (Apr'17) - @NG.1 - Stock Quotes - CNBCChoke Points by Will Rogers Latest: Beijing is no Boogeyman in Greenland.Obviously you could have extrapolated any of those previous years to zero, but the point is that inventories generally start to rebuild after March 28th.So I expect to soon (if not this year, then by 2016) see two seasonal draws on natural gas reserves, in winter and summer.
R-Squared Energy by Robert Rapier Latest: The Ethanol Industry Braces For Impact.Natural gas, like most other commodities, can be stored for an indefinite period of time.I have tried to post this comment 3 times only to find I was disconnected when it tried to post.
Natural Gas in the GHG Inventory - EPA
Plus, there has been a huge shift in natural gas rigs from gas production into oil production.After inventories continued to fall further, natural gas prices jumped 4 percent.Pretty sure RR will have something to say about alcohol dewatering.If the inventory levels increase abnormally as opposed to the same period in the previous year, it indicates sluggish demand and thus results in a correction.The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 152 billion cubic feet for the week.
Why US natural gas prices hit multi-year lows this week. inventory 2.61% higher.Exploration and reserves, storage, imports and exports, production, prices, sales.Natural gas, like many other commodities, can be stored for an indefinite period of time in natural gas storage facilities for later consumption.Crude oil inventories saw a modest draw today, falling 1.3 MMBO in the week ended November 18, 2016, according to data released by the Energy Information.U.S. natural gas inventories climbed last week to an all-time high, the fourth straight year a record high has been hit at this point in the season.