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Re: C C post# 5287

Saturday, 08/27/2016 12:00:36 PM

Saturday, August 27, 2016 12:00:36 PM

Post# of 18980
hmm that is interesting: Nice find...
* EIA estimates that the amount of electricity generated using natural gas reached a record high during July, surpassing the previous record set in July 2015. The record natural gas-fired generation was driven by competitive economics compared with coal (despite recent natural gas price increases) and by warmer-than-normal temperatures that boosted overall electricity generation. For 2016, EIA expects natural gas to fuel 34% of electricity generation compared with 30% for coal. In 2015, natural gas was used to generate slightly less than 33% of electricity, and coal was used to generate slightly more than 33% of electricity.
* Natural gas working inventories were 3,288 billion cubic feet (Bcf) on July 29. This level is 13% higher than last year during the same week, and 16% higher than the previous five-year (2011-15) average for that week. EIA projects that natural gas inventories will be 4,042 Bcf at the end of October 2016, which would be the highest end-of-October level on record.
* Retail Price of Natural Gas in Residential Sector U.S. Average
http://www.eia.gov/forecasts/steo/
08:54:11 GMT-0700 (Pacific Daylight Time)
Source: Short-Term Energy Outlook
Month,Retail Price of Natural Gas in Residential Sector U.S. Average dollars per thousand cubic feet
Dec 2017,9.68
Nov 2017,10.61
Oct 2017,13.12
Sep 2017,15.99
Aug 2017,16.90
Jul 2017,16.22
Jun 2017,14.79
May 2017,12.65
Apr 2017,10.91
Mar 2017,10.02
Feb 2017,9.38
Jan 2017,9.20
Dec 2016,9.43
Nov 2016,10.21
Oct 2016,12.62
Sep 2016,15.50

Aug 2016,16.33
Jul 2016,15.46
Jun 2016,13.84
May 2016,11.51
Apr 2016,9.66
Mar 2016,9.23
Feb 2016,8.39
Jan 2016,8.30

Dec 2015,9.29
Nov 2015,10.06
Oct 2015,12.59
Sep 2015,16.37
Aug 2015,16.80
Jul 2015,16.21
Jun 2015,15.07
May 2015,12.61
Apr 2015,10.42
Mar 2015,9.28
Feb 2015,9.10
Jan 2015,9.50
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