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your numbers look good
appears I should have gotten up at 7 am
missed selling the bounce
if 2.88 doesn't hold we could see capitulation down to low 2.8 ish
agreed
from what read there is no interruption in natural gas flow
lower exports because of higher natural gas prices in USA
lower need for ng because of expected low temps along East Coast
futures tell it all....futures down
shall see how she goes
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Natural Gas Futures Forcast..... bulls...71...bears....37
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boots....helmets....spurs.....giddy up DGAZ
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MISO gas-fired generation falls 17pc in March
12 May 2017 16:29 (+01:00 GMT)
Houston, 12 May (Argus) — Natural gas-fired generation in the Midcontinent Independent System Operator (MISO) footprint fell in March from a year earlier amid rising gas prices and higher wind and coal generation.
Gas accounted for 22.2pc of the MISO generation fuel mix in March, down from 26.5pc a year earlier, according to the grid operator. The data implies electricity generation from gas-fired power plants in the MISO area decreased by 17pc in March from a year earlier to about 10.5TWh.
Total electric demand in that month fell by 1pc from a year earlier to about 47.4TWh.
Rising gas prices and a warmer-than-normal winter have cut power sector gas demand in the earlier months as well. Gas-fired generation in the first quarter is down by about 28pc from a year earlier, according to MISO data.
Total electric demand in the first quarter of 2017 was down by 6pc from a year earlier.
Spot gas prices at key midcontinent hub like the Chicago Citygates in the first quarter averaged $2.97/mmBtu, up by 47pc from a year earlier. Prices in March were 59pc higher than March 2016.
Meanwhile, prices for Illinois basin coal in March was down by 1.7pc from a year earlier, according to MISO.
The lower coal prices could have incentivized utilities to dispatch more coal-fired generation.
Coal accounted for 42.2pc of MISO fuel-mix in March, up from 40.5pc a year earlier. That translates to utilities in the region dispatching about 20TWh in March to meet demand, 3pc higher than March 2016.
Coal generation in the first quarter was less than 1pc lower from last year.
Wind accounted for 11.4pc of the MISO March generation fuel mix, producing about 5.4TWh, 25pc more than last year. Wind generation in the first quarter was up by 16pc from a year earlier.
Gas-burn this summer should pick up from current levels, MISO said.
"Compared to last year, we expect similar gas generation for the summer [and] capacity use will be largely driven by price," MISO said.
MISO expects peak electricity demand this summer will be 125GW, 3.6pc higher than last summer's actual peak load of 120.7GW based on forecasts of a warmer-than-normal season.
Longer term, the midcontinent operator continues to see the resource fleet mix in the region transition from coal to more gas, wind and solar.
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Hurricane Harvey Impacts Crude Oil And Gasoline
Forbes gives No mention of natural gas shortage
Update: August 29, 2018 7:30 PM Eastern
The Motiva refinery in Port Arthur and the nearby Valero refinery announced that they are shutting down operations due to flooding. It is unclear when they will reopen.
Update: August 29, 2018 7:00 PM Eastern
U.S. refining capacity is now estimated at only 30%. Additional refineries are closing. The Motiva refinery has limited production to 40%. In addition, the Colonial Pipeline has reported disruptions that will impact the delivery of product to the southeast. Expect gasoline prices to rise and possibly increased prices on other petroleum products. As a result of the refining disruptions, crude oil producers will likely curb production. If they do not, we will likely see further reductions in the price of crude oil as stores pile up because there is no where for it to go.
As we support the residents of Eastern Texas who are persevering through the aftermath of Hurricane Harvey and continued flooding, many are asking what the storm means for that region’s most notable products: crude oil and gasoline. The effect on energy commodities does not compare to the devastation to the lives of millions, but oil and gasoline are integral to modern lives. The analysis is best broken into three parts: crude oil production, transportation and storage of oil and gasoline.
https://www.forbes.com/sites/ellenrwald/2017/08/28/hurricane-harvey-impacts-crude-oil-and-gasoline-what-you-need-to-know/#679d8ec24a2d
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Natural gas feedgas deliveries to Cheniere's Sabine Pass LNG facility for Aug 30 declined by 0.34 BCF day-over-day to 1.66 BCF. For the first 5 days of the natural gas storage week of Aug 26 - Sep 1, total feedgas deliveries stand at 10.14 BCF, up 0.72 BCF from the same period last week and up 0.23 BCF versus the 60-day average. At this pace, weekly feedgas demand is projected to reach 14.2 BCF by the end of the week, which would be the 11th smallest weekly tally in the last 6 months.
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thanks....appears cool weather is in order along East Coast
for next couple seeks
been dropping and popping off volume coming in
sentiment of investors is negative
picked up some DGAZ for 25.70 just before close of bell
shall see how goes in morning bell
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My....been brazing....fixing broken stuff all day
Rain missed us... thank GOD
We hardly got any water build up around house
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some times I wonder if the tail wags the dog
or
the dog wags the tail
news items change quickly
S=imply A=mazing
Shale Production Growth is now Delusional
and sell off
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some times I wonder if the tail wags the dog
or
the dog wags the tail
news items change quickly
S=imply A=mazing
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look at chart during the day
7 am took it down till opening bell steady buying ...up it went
till around lunch time
around 1:00 pm over 18k contracts sell off......down it went
didn't move down much.....but appears negative to me
right now.....appears Asia could be taking it down
opening bell will be interesting
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did not buy anything
brother called me 6:50 and couldn't get off the phone
looking at chart woulda gone negative n bought DGAZ
shall see how it goes in morning
may get entry point then
edit.....
Swap Dealer Shorts vs longs....equal rising numbers
Money Manager Longs vs Shortds....both rising in number
neither long nor short gaining ground
no direction
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rain will be gone by Thursday
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Cheniere Energy, Inc. .....$1 Million Donation to Red Cross Relief Effort
HOUSTON, Aug. 28, 2017 /PRNewswire/ -- Cheniere Energy, Inc. ("Cheniere") (NYSE American: LNG) today provided updates on company operations resulting from Hurricane Harvey, and announced that it will make a $1 million donation to the American Red Cross to assist in the relief and recovery efforts following the storm.
"Our thoughts and prayers are with all of our neighbors and communities here in Texas and Louisiana that have been impacted by this devastating and continuing storm," said Jack Fusco, President and CEO of Cheniere. "While Cheniere has been lucky to avoid any major impacts from Harvey, many in our communities have a long road ahead to assess the damage and recover from this storm. To help in the relief efforts, Cheniere will donate $1 million to the Red Cross Harvey relief efforts."
"Now that the storm has passed through our Corpus Christi construction site, we are pleased to report that Corpus Christi saw no major impacts, and no interruption of LNG production at Sabine Pass has been experienced," said Fusco. "Moving forward, Cheniere will focus on helping our hometown of Houston recover and the communities around Corpus Christi rebuild."
http://phx.corporate-ir.net/phoenix.zhtml?c=101667&p=irol-newsArticle&ID=2296801
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Cheniere Energy, Inc. Provides $1 Million Donation to Red Cross Relief Effort
expected some damage.....will stay out for now.....will be watching for another entry point.....trading point
HOUSTON, Aug. 28, 2017 /PRNewswire/ -- Cheniere Energy, Inc. ("Cheniere") (NYSE American: LNG) today provided updates on company operations resulting from Hurricane Harvey, and announced that it will make a $1 million donation to the American Red Cross to assist in the relief and recovery efforts following the storm.
"Our thoughts and prayers are with all of our neighbors and communities here in Texas and Louisiana that have been impacted by this devastating and continuing storm," said Jack Fusco, President and CEO of Cheniere. "While Cheniere has been lucky to avoid any major impacts from Harvey, many in our communities have a long road ahead to assess the damage and recover from this storm. To help in the relief efforts, Cheniere will donate $1 million to the Red Cross Harvey relief efforts."
"Now that the storm has passed through our Corpus Christi construction site, we are pleased to report that Corpus Christi saw no major impacts, and no interruption of LNG production at Sabine Pass has been experienced," said Fusco. "Moving forward, Cheniere will focus on helping our hometown of Houston recover and the communities around Corpus Christi rebuild."
http://phx.corporate-ir.net/phoenix.zhtml?c=101667&p=irol-newsArticle&ID=2296801
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I got out....will stay out for now
will look at it again tonight around 6:30 n decide what to do
stay out or get back in
trade $$$$$$$$$ my friend
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see possability of retracing
UGAZ wouldn't be surprised if retraces back to 12.50
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headed to take mother to doctor
check up
got out 12.25
can't watch it so got out
best of luck to u
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if it breaks tru we could see short covering
and
break this on higher
edit....
back around 8-10 look at volume bars
pushed UGAZ up to 12.85 or so.....yesterday volume bars were about same
could be very interesting times
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look at 1 Day chart....formed a Reverse H & S formation
has tried 6 times to penetrate tru 3.00
is this the one
opening bell yesterday volume came in
very little selling since then
shall see if momentum pushes it tru
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on the 4 hr chart it has taken 5 times
trying to break tru 3.00
shall see tomorrow what happens
next couple days should tell the tale
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As of Friday, the U.S. Bureau of Safety and Environmental Enforcement said workers had been removed from 86 of the 737 manned platforms used to pump oil and gas from beneath the gulf.
The agency estimated that platforms accounting for about 22 percent of oil production and 23 percent of natural gas output in the gulf had been shut down.
On shore, ConocoPhillips stopped all operations in the Eagle Ford shale formation, which lies across a swath of South Texas inland from the gulf. A company spokeswoman cited safety and potential disruptions in getting oil and gas from the wells to market during the storm.
https://www.dallasnews.com/news/weather/2017/08/26/harvey-will-impact-business-wallet
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Hurricane Harvey May Cut Natural Gas Production For Many Weeks
Summary.....Seeking Alpha
Natural gas production could be lost for weeks, or even months, from the devastating impact of Hurricane Harvey.
Hurricane Harvey could well cut more natural gas production for a more extended period of time than any hurricane in recent memory. According to the Energy Information Administration, "Hurricanes Gustav and Ike in 2008 and Hurricane Isaac in 2012 were the most recent hurricanes to make landfall on the U.S. Gulf Coast, with Ike being the last hurricane to directly affect Texas. All three storms affected oil and natural gas infrastructure in the region, each shutting in more than one million barrels per day of crude oil production and more than three billion cubic feet per day of natural gas production and temporarily shutting down significant pipeline and refining capacity. About half of U.S. oil production has historically come from Texas and the Gulf of Mexico. Texas also accounts for about a quarter of U.S. natural gas production."
The image above shows the numerous pipelines located along the Gulf Coast. All of the pipelines in the path of the storm will need to be shut-in. Because the storm is sitting over South Texas crews will not be able to make the necessary preparations to restart many pipelines for days. Below is a look at the path Harvey took across this infrastructure:
https://seekingalpha.com/article/4102233-hurricane-harvey-may-cut-natural-gas-production-many-weeks
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Hurricane Harvey May Cut Natural Gas Production For Many Weeks
Summary
Natural gas production could be lost for weeks, or even months, from the devastating impact of Hurricane Harvey.
Hurricane Harvey could well cut more natural gas production for a more extended period of time than any hurricane in recent memory. According to the Energy Information Administration, "Hurricanes Gustav and Ike in 2008 and Hurricane Isaac in 2012 were the most recent hurricanes to make landfall on the U.S. Gulf Coast, with Ike being the last hurricane to directly affect Texas. All three storms affected oil and natural gas infrastructure in the region, each shutting in more than one million barrels per day of crude oil production and more than three billion cubic feet per day of natural gas production and temporarily shutting down significant pipeline and refining capacity. About half of U.S. oil production has historically come from Texas and the Gulf of Mexico. Texas also accounts for about a quarter of U.S. natural gas production."
The image above shows the numerous pipelines located along the Gulf Coast. All of the pipelines in the path of the storm will need to be shut-in. Because the storm is sitting over South Texas crews will not be able to make the necessary preparations to restart many pipelines for days. Below is a look at the path Harvey took across this infrastructure:
https://seekingalpha.com/article/4102233-hurricane-harvey-may-cut-natural-gas-production-many-weeks
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Welding sign frames up today
Raining non stop outside shop
No telling where U could land
Holding n look at it when get home
Get to my computer
Good luck
Hope u picked up some 11.35's
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volume came in
3 bars over 1.7 million shares moved
I'm holding
very little selling
headed to work
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BAM.....up it went
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let her bounce
a woman had child in Houston last night
her name is Irma
off Eastern coast is storm named Irma
what if she named her child Harvey
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getting close to ur number
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got me some more 11.26
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got me some U @ 11.37
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gap up Sunday
see if holds
weather next 2 weeks appear to be cooler than normal
wonder if we see 2.90 again market opens
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thanks SD....Just hoping it goes back out into the Gulf and stalls out
if not will be rain until Friday
gonna be bad here as well
telling us if we flooded in past to head to higher ground
houston all ready has 3 feet of rain and expecting another 20 inches
we will only get 1 inch tonight
feel for Houston area
edit....
I almost bought UGAZ Friday
appears should have
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Been raining here since around lunch time
Appears rain may not let up till Thursday
By tomorrow could cover most of Louisiana if this holds up
Stalling
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Will be watching to see what Monday looks like
News wise we r in uncharted territory
The temps here in Louisiana have been average to below averages temps
Cooler than normal
Our utility bill is on average is around 250 to 300 a month for everything
Last month utility bill was 120.00 for everything
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I used accuweather to pull up temps in different areas
Rockport Texas is where they are reporting Hurricane Harvey
temperature for Rockport , Texas = 83 degrees
New York City = 77 degrees
jackson Miss. temps in low 80's
Where I live temp is around 82 degrees
believe Hurricane Harvey will possibly keep the same temps for next week or so
Harvey is pushing wind all over the country right now....helping to keep temps fairly constant
looking at temps in different areas
forecast for next ten days to be close to same tremperatures
no matter where you look
low 80's or upper 70's is average temps
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Great that u got everything to high ground
Saved ur self lots of $$$$$
Very smart my friend
Last time flooded real bad here
Katrina
everyone had to replace their guns
Salt water ruins um
Water came up n covered houses in south Louisiana
BTW
Do u live in Louisiana
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Yes been running around all day hunting 4 an electric pole saw to cut limbs with
Wife wants battery operated rather than pull cord
I prefer pull cord... a lot cheaper
For battery operated saw....pole saw
Pollan wants $ 700 including battery and charger
A little high I think
Will check around some more
Wish had been trading
Woulda made some $$$$$
Too much to do right now
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