ERCOT expects electric usage next week would break the all-time peak record as consumers crank up their air conditioners to escape a brutal heatwave. Extreme Texas weather continues to come into play next week with triple digits in major load areas. Peak load continues to surpass original summer forecast demands with 61,000 MW this weekend. Read the Rest…
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Natural Gas Storage Estimate
The EIA is expecting that 41 BCF of natural gas was added to storage the week ending July 22nd. This is an average prediction of natural-gas analysts and traders in a Dow Jones Survey. The survey’s median result was 38-BCF, with estimates varying from 35-BCF injection to a 58-BCF build This time last year 31-BCF. Read the Rest…
Natural Gas Storage Report 6-30-2011
Working gas in storage was 2,432 Bcf as of Friday, June 24, 2011, according to EIA estimates. This represents a net increase of 78 Bcf from the previous week. Stocks were 243 Bcf less than last year at this time and 63 Bcf below the 5-year average of 2,495 Bcf. East Region, stocks were 124. Read the Rest…
Natural Gas Storage Report 5-19-2011
Working gas in storage was 1,919 Bcf as of Friday, May 13, 2011, according to EIA estimates. This represents a net increase of 92 Bcf from the previous week. Stocks were 235 Bcf less than last year at this time and 36 Bcf below the 5-year average of 1,955 Bcf. East Region, stocks were 109. Read the Rest…
