DJ UPDATE:US GAS: Mild Weather, Storage Expectations Send Mkt Dn
futuresource.quote.com
Analysts and traders expect the EIA to report Thursday that 31 bcf of gas
were injected into underground storage during week ended Nov. 2, according to
the average prediction in a Dow Jones Newswires survey.
Bloomberg: Nymex Natural Gas Falls on Growing Surplus, Moderate Weather
bloomberg.com
Inventories rose 31 billion cubic feet for the week ended Nov. 2, according to the median estimate of 20 analysts in a Bloomberg survey.
Beginning to feel the air beneath their feet.
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Physical Natural Gas Prices for next day delivery - Down in the West, mixed in the Gulf and East.
intelligencepress.com
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A warm up moving from the Mid-West to the North-East.
wxmaps.org
cpc.ncep.noaa.gov
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Bentek
bentekenergy.com
GULF PRODUCTION MONITOR: November 7, 2007
Independence Hub production has dropped about 104,000 Dth/d since reaching a peak of 886,000 Dth/d only three days ago. There also has been a significant drop in production on the Mississippi Canyon system, which is down about 0.37 Bcf/d from levels at the end of October. Although the declines on Mississippi Canyon are the largest among the offshore pipes, there are some pretty large drops on others, including Transco. Total Louisiana production is down to only 7.9 Bcf/d compared to nearly 8.9 Bcf/d at the end of October.
TEXAS ENERGY BULLETIN: November 7, 2007
Socal was up 47 cnts to $6.98 while Waha was up 34 cnts to $6.45. That brought the Socal-Waha differential to 53.5 cnts. Flows moving west from Waha were up 56,000 MMbtu. Ship Channel increased 39 cnts to $6.61, or 16 cnts over Waha. Flows moving east to Ship dropped by 119,000 MMbtu. Henry moved back above $7, increasing 48 cnts to $7.20. Henry was thus 59 cnts over Ship. Panhandle moved up 34 cnts to $6.07.
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Expectations for tomorrow's EIA storage report.
Dow Jones Survey - 31 Bcf
Bloomberg Survey - 31 Bcf
Reuters Survey - N/A
robry825 - 29 Bcf
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