DJ UPDATE: US GAS: Futures End Lower On Weather, High Storage
futuresource.quote.com
Bloomberg: Nymex Natural Gas Declines as Moderate Weather Limits Demand
bloomberg.com
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Reuters: U.S. spot natural gas prices fell at
nearly every price point for the third trading day in row Tuesday,
pressured by mild, autumn weather in much of the nation that has curbed
demand.
investorvillage.com
Physical Natural Gas Prices for next day delivery - Down everywhere except a few jubs in the West, but then western prices are often wierd.
intelligencepress.com
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Bentek
bentekenergy.com
GULF PRODUCTION MONITOR: October 23, 2007
Independence production reached a new record high of 640,000 Dth/d in Monday's I2 cycle but volumes are down slightly in today's evening cycle. Total offshore production is flat but total Gulf region production is down 2% or about 264,000 Dth/d because of a 1% drop in production from Louisianan and a 4% drop in Texas production. Most of the Texas decline is in the onshore area. Nearly all of the major pipes in the Texas onshore show declines.
TEXAS ENERGY BULLETIN: October 23, 2007
ERCOT Peak Load remains very weak at 33 GW today and yesterday. Load is projected to stay in the low to mid 30 GW area all week. Gas burn is down 5% today and should remain low unless gas prices continue to fall and heat rates improve. Heat rates are below 8,000 in all regions except Houston. East flows from Waha have plummeted more than 100% today and the price spread from Waha to Ship Channel has dropped a quarter to plus 14 cents. The price spread to SoCal improved about a dime because of warm weather and strong demand from generation in the West.
US POWER - GAS BURN REPORT: October 23, 2007
US gas burn falls by 219 MMcf today to land at 19.2 Bcf in total, a slight 1% decrease over yesterday's I2. Yesterday's I2 nominations rose 868 MMcf from yesterday's evening cycle. The WECC shows the biggest gain today, up 134 MMcf to 3.3 Bcf as cold weather moderates throughout the area.NPCC, RFC, and SERC are all down this morning, with SERC down below 1 Bcf and RFC showing hints of an intraday rise. Burn for the EIA week ending 10/25 is projected at 133 Bcf, just 1 Bcf less than the week ending 10/18. |
