DJ UPDATE: US GAS: Futures Settle Lower On Weather, Storage
futuresource.quote.com
Bloomberg: N.Y. Natural Gas Falls on Low Demand, Supply, Economic Concern
bloomberg.com
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Reuters: Bucking the typical Monday
rise on the return of weekday industrial demand, U.S. spot
natural gas prices fell at nearly every price point, pressured
again by milder, autumn weather in much of the nation that has
curbed demand.
investorvillage.com
Physical Natural Gas Prices for next day delivery - Down just about everywhere.
intelligencepress.com
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Seven day temperature anomaly outlook not supportive of gas prices.
wxmaps.org
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Bentek
bentekenergy.com
GULF PRODUCTION MONITOR: October 22, 2007
Independence production more than doubled over the weekend, reaching 554,000 Dth/d compared to 245,000 Dth/d on Friday and nearly zero on Thursday. Total Gulf production is up about 5% compared to levels on Friday to 8.3 Bcf/d, including a 4% increase in the Louisiana areas and a 5% increase in the Texas areas. Onshore Texas production jumped 7% from Friday to today because of increases on NGPL, Tetco and Tennessee. In Louisiana, the gains on Independence were partly offset by losses on Transco.
TEXAS ENERGY BULLETIN: October 22, 2007 ERCOT
Peak Load has plummeted to only 35 GW from 47 GW last Wednesday. Further declines are expected tomorrow and load is expected to average in the low to mid 30 GWs all week. ERCOT Gas Burn has tumbled 30% compared to levels on Friday. Burns total 3.1 Bcf/d today compared to about 4.8 Bcf/d on average over the last seven days.
US POWER - GAS BURN REPORT: October 22, 2007
US gas burn drops today by 99 MMcf, a small 1% loss to land at 18.2 Bcf. Weekend burns were firmly in the 18 Bcf range, with little variation from Evening to I2 cycles. Today we see NPCC dropping 87 MMcf to go below 1.1 Bcf in the sample. The WECC also loses 63 MMcf to drop under 3 Bcf. RFC and SERC burn are calm and burning signicantly below levels seen last week. Burn for the EIA week ending 10/25 is projected at 131Bcf. |
