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To: Ronald J. Clark who wrote (84035)1/10/2001 2:14:39 PM
From: upanddown  Read Replies (1) | Respond to of 95453
 
Ron

Looks like you left latest week off? -167 takes us to 1562. Low end of estimates. NG selling off a little.

John



To: Ronald J. Clark who wrote (84035)1/10/2001 6:07:03 PM
From: dfloydr  Respond to of 95453
 
Ron: Thanks for your gas tables.

Note that the inventory as of today stands at exactly the same number as it did on 2/5 last year. If you take 600B (lots less than we used last year) off of todays number, the reserves drop under 1,000 ... for the first time.

Ouch. Wonder why Slider thinks we are going to see prices plunge .... seasonal easing, sure, but tough to argue for a plunge.



To: Ronald J. Clark who wrote (84035)1/10/2001 6:18:31 PM
From: The Ox  Read Replies (1) | Respond to of 95453
 
1998 -1000 bcf drawdown from this point until the first storage build in the spring.

1999 -1100 bcf drawdown

2000 -1300 bcf drawdown.

If this winter is similar to the recent past, with the avg drawdown being about -1100, this will leave us with less than 500 bcf come spring. Sure seems like we are going to squeak by this year but who knows? The weather here in Chicago has finally been mild for a few days. I've heard of one prediction that we are do for a major cold spell in about 10 days.

NG storage is on the tight rope and trying to reach the other side (ie spring).

There's a very strong possibility that NG prices stay strong for a few more weeks until we get a better idea of just how cold this winter will end up. Not looking good, IMO.

Once again, Ronald, thanks for posting your NG tables!!

Michael



To: Ronald J. Clark who wrote (84035)1/11/2001 2:40:16 PM
From: Tommaso  Respond to of 95453
 
Doing the arithmetic again, the storage, if the rest of the winter is no colder than last year, will be down to about 250 before regular additions begin again, and the next winter heating season will begin with about 2000 in storage.

Unless winter of 2001-2002 is very warm, gas will have to rationed in some way.



To: Ronald J. Clark who wrote (84035)1/17/2001 2:35:05 PM
From: Ronald J. Clark  Read Replies (1) | Respond to of 95453
 
AGA Table - Fall/Winter 2000

Weekly change in Gas Storage / Total Working Gas in Storage

(Expressed in Billion Cubic Feet)= B

See also Note at bottom of this table.

2001 2000 1999 1998

1/05 -167B / 1562B 1/07 -115B / 2322B 1/08 -233B / 2412B 1/09 -43B / 1989B

1/12 -103B / 1459B 1/14 -110B / 2212B 1/15 -203B / 2209B 1/16 -159B / 1860B

1/19 1/21 -195B / 2017B 1/22 -92B / 2117B 1/23 -159B / 1701B

1/26 1/28 -242B / 1775B 1/29 -78B / 2039B 1/30 -102B / 1599B

2/01 2/4 -213B / 1562B 2/5 -93B / 1946B 2/6 -81B / 1518B

2/11 -158B / 1404B 2/12 -59B / 1885B 2/13 -93B / 1425B

2/18 -136B / 1268B 2/19 -97B / 1788B 2/20 -77B / 1348B

2/25 - 74B / 1194B 2/26 -128B / 1660B 2/27 -47B / 1301B

3/3 -37B / 1157B 3/5 -69B / 1591B 3/6 -54B / 1247B

3/10 -31B / 1126B 3/12 -132B / 1459B 3/13 -143B / 1104B

3/17 -62B / 1064B 3/19 -87B / 1372B 3/20 -78B / 1026B

3/24 -43B / 1021B 3/26 -37B / 1335B 3/27 -20B / 1006B

3/31 - 5B / 1031B 4/02 + 2B / 1337B 4/03 +53B / 1059B

4/07 + 2B / 1033B 4/09 +30B / 1367B 4/10 +22B / 1081B

4/14 -25B / 1008B 4/16 + 2B / 1369B 4/17 +54B / 1135B

4/21 +19B / 1027B 4/23 + 5B / 1374B 4/24 +64B / 1199B

4/28 +32B / 1059B 4/30 +34B / 1408B 5/01 +78B / 1277B

5/5 +58B / 1117B 5/07 +72B / 1480B 5/08 +100B / 1377B

5/12 +46B / 1163B 5/14 +79B / 1559B 5/15 +92B / 1469B

5/19 +55B / 1218B 5/21 +73B / 1632B 5/22 +92B / 1561B

5/26 +56B / 1274B 5/28 +71B / 1703B 5/29 +106B / 1667B

6/02 +78B / 1352B 6/04 +91B / 1794B 6/05 +85B / 1753B

6/09 +78B / 1430B 6/11 +63B / 1857B 6/12 +104B / 1857B

6/16 +64B / 1494B 6/18 +85B / 1942B 6/19 +82B / 1939B

6/23 +73B / 1567B 6/25 +91B / 2033B 6/26 +72B / 2011B

6/30 +69B / 1636B 7/02 +69B / 2102B 7/03 +74B / 2085B

7/07 +97B / 1733B 7/09 +59B / 2161B 7/10 +93B / 2178B

7/14 +70B / 1803B 7/16 +78B / 2239B 7/17 +79B / 2257B

7/21 +54B / 1857B 7/23 +41B / 2280B 7/24 +66B / 2323B

7/28 +63B / 1920B 7/30 +26B / 2306B 7/31 +70B / 2393B

8/04 +65B / 1985B 8/06 +45B / 2351B 8/07 +75B / 2468B

8/11 +52B / 2037B 8/13 +51B / 2402B 8/14 +76B / 2544B

8/18 +55B / 2092B 8/20 +50B / 2452B 8/21 +71B / 2615B

8/25 +52B / 2144B 8/27 +69B / 2521B 8/28 +57B / 2672B

9/01 +42B / 2186B 9/03 +66B / 2587B 9/04 +35B / 2707B

9/08 +72B / 2258B 9/10 +81B / 2688B 9/11 +70B / 2777B

9/15 +67B / 2325B 9/17 +78B / 2746B 9/18 +52B / 2829B

9/22 +77B / 2402B 9/24 +79B / 2825B 9/25 +41B / 2870B

9/29 +78B / 2480B 10/01 +62B / 2887B 10/02 +41B / 2911B

10/06 +62B / 2542B 10/08 +49B / 2936B 10/09 +41B / 2952B

10/13 +29B / 2571B 10/15 +42B / 2978B 10/16 +58B / 3010B

10/20 +71B / 2642B 10/22 +13B / 2991B 10/23 +36B / 3046B

10/27 +70B / 2712B 10/29 + 4B / 2995B 10/30 +48B / 3093B

11/03 +36B / 2748B 11/05 +12B / 3007B 11/06 -24B / 3070B

11/10 - 6B / 2742B 11/12 +9B / 3016B 11/13 -45B / 3082B

11/17 -94B / 2648B 11/19 -20B / 2996B 11/20 -13B / 3069B

11/24-146B / 2502B 11/26 +5B / 3001B 11/27 +8B / 3077B

12/01 -73B / 2429B 12/03 -69B / 2932B 12/04 +27B / 3104B

12/08-158B / 2271B 12/10 -73B / 2859B 12/11 -49B / 3055B

12/15-158B / 2113B 12/17 -116B / 2743B 12/18 -85B / 2970B

12/22-175B / 1938B 12/24 -173B / 2570B 12/25 -167B / 2803B

12/29-209B / 1729B 12/31 -133B / 2437B 01/01 -158B / 2645B


Note: 1. EIA revised 3/3/2000 draw from original -29B to -37B.

2. In reporting on the week ending 3/31/2000, EIA
upwardly revised storage capacity by 46B (wihout this
revision the draw for the week ending 3/31 would have
been 51B).