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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Dennis Roth who wrote (95985)1/22/2008 11:07:18 PM
From: Ed Ajootian  Read Replies (2) | Respond to of 206184
 
The Bloomberg daily piece on natty has repeated the below statement for about the last week or so:

"Industrial and commercial demand combine for 43 percent of U.S. gas consumption, while electric-power generation accounts for 29 percent of use, according to the U.S. Energy Department."

Every time I read that I wonder, wouldn't it be interesting to drill down on the stats a bit further, and determine how much electric power generation is used for industrial and commercial purposes, vs. residential. Once that were determined, one could finally see how much natty demand (whether direct demand for gas or indirect demand as result of gas-fired electricity demand) was industrial/commercial vs. residential.

Does anybody know how much electric power is used for industrial/commercial purposes vs. residential? For extra credit, can you also tell me how these stats stood in '01?



To: Dennis Roth who wrote (95985)1/23/2008 4:57:28 PM
From: Dennis Roth  Read Replies (2) | Respond to of 206184
 
Bloomberg: Natural Gas Falls on Speculation Weaker Economy to Curb Demand
bloomberg.com
Supplies probably fell 158 billion cubic feet in the week ended Jan. 18, according to the median of 10 analyst estimates compiled by Bloomberg. The average change for the same week over the past five years is a decline of 161 billion cubic feet, according to Energy Department data.
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Reuters: U.S. spot natural gas prices slid at
nearly every price point Wednesday for the second day in a row, as weaker
energy futures amid fears of an economic slowdown outweighed some near-term
demand, traders said.
www1.investorvillage.com
Withdrawal estimates for this week's EIA report ranged from 142 bcf to
190 bcf, with most traders and analysts expecting stocks to fall by about
160 bcf when when weekly data are released Thursday at about 10:30 a.m.
EST, a Reuters survey showed.


Firm Physical Natural Gas Price for next day Delivery - Down except for a few places in the East.
intelligencepress.com

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GULF PRODUCTION MONITOR: January 23, 2008 Gulf production was revised slightly higher in yesterday's I2 cycle and remains at 12.1 Bcf/d today, which is up 5% from levels in January 2007. Month-to-date production onshore and offshore Louisiana is up 9% compared to levels in January 2007, while Texas production remains down about 4% over the same period. Independence Hub production is slightly below the month-to-date average at 889,000 Dth/d.
bentekenergy.com

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Temperature Outlooks.
wxmaps.org
cpc.ncep.noaa.gov
cpc.ncep.noaa.gov

Month-to-Date.
cpc.ncep.noaa.gov


Expectations for tomorrow's EIA report are:

Dow Jones Survey N.A.
Bloomberg Survey -158 Bcf
Reuters Survey -150 Bcf
robry825 N.A. On vacation
z24blackjet -148 Bcf
quehubo -137 Bcf
Cougar93 -165 Bcf

Last year's draw -166 Bcf
Five year average -161 Bcf