DJ UPDATE:US GAS:Futures Settle At 11-Week High On Weather, Oil
futuresource.quote.com
Bloomberg: Nymex Natural Gas Rises as Buyers Look `To Play Energy Cheap'
bloomberg.com
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Reuters: U.S. spot natural gas prices
fell at nearly every price point Thursday, pressured by
expectations of fairly mild weather in most of the nation on
Friday that should curb demand despite soaring gas futures.
www1.investorvillage.com
Physical Natural Gas Prices for next day delivery - Down almost everywhere
intelligencepress.com
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October was a warm month
cpc.ncep.noaa.gov
The week ending Oct 25th was warm
tonto.eia.doe.gov
The next ten days may be cool in the East
wxmaps.org
cpc.ncep.noaa.gov
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Bentek
bentekenergy.com
GULF PRODUCTION MONITOR: November 1, 2007
There are some significant changes in the flow data this morning probably because of first-of-the month adjustments that will be ironed out in the I2 cycle. However, Independence Hub is up nearly 40,000 Dth/d to more than 700,000 Dth/d for the first time. And Texas production may be making a recovery; it's up 9%, including a 14% gain onshore. Total Gulf production is off 4% because of declines in the Louisiana data, particularly the offshore data from Transco (down 17%), Sonat (down 21%), Tetco (down 13%), Tennessee (down 24%) and Discovery (-13%).
TEXAS ENERGY BULLETIN: November 1, 2007
The Henry Hub versus Ship Channel differential blew out yesterday, jumping from 8 cnts yesterday to 51 cnts today. Henry was up 29 cnts to $7.28 while Ship Channel was down 14 cnts to $6.77. Gas volumes moving east jumped up by 585,000 MMbtu.Waha was down 29 cnts to $6.52, yielding a differential of 25 cnts under Ship Channel. Socal dropped back 15 cnts to $7.03, or 51 cnts above Waha. Panhandle was down 27 cnts.range. Flows from Permian to Waha continue in the negative. ERCOT peak load dropped back to 33 GW and average temps remain in the 50s-70s. Implied heat rates moved up into the 8 range with higher power prices and lower gas prices. |
