Replies to post #14888 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

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DEMAND for natural gas

US gas exports to Mexico remain about 0.9 Bcf/d, or 20%, below the month-to-date average prior to the storm. Exports on Wednesday averaged 3.5 Bcf/d compared with a month-to-date average of 4.3 Bcf/d and a maximum of 4.5 Bcf/d August 2, according to Platts Analytics' data. Exports to Mexico hit a summer low of 2.9 Bcf/d Saturday, when Harvey disrupted supply availability and pipeline transportation in South Texas.

US gas demand is down 3 Bcf/d from the month-to-date average prior to the storm and is down 4.5 Bcf/d from August 2016 levels. Gas demand from power generation is down about 3.8 Bcf/d from the month-to-date average prior to the storm to about 30.6 Bcf/d Wednesday. Power burn in Texas alone is 2.4 Bcf/d, or 41%, below the month-to-date average. Southeast region power burn is 1.4 Bcf/d, or 13%, below the month-to-date average prior to the storm.




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