Bentek Energy, owned by McGraw Hill Financial Inc., estimates that natural-gas demand averaged 111 billion cubic feet a day between Dec. 6 and Thursday, the second-highest figure since the company began tracking consumption in January 2005.Of course this article had to do with the price of natural gas, but it certainly provided point-counterpoint to Algore's PowerPoint presentations on global warming.
Supplies have been further stretched as the chill froze equipment in gas fields across Texas and other states, limiting production.
This December could be one of the coldest since 1983, the "benchmark for cold Decembers," said Jim Southard, meteorologist for Frontier Weather Inc. in Tulsa, Okla. Midwestern states could see temperatures as low as 30 degrees below average in the days leading up to Christmas, helping support natural-gas prices.
The only well coming off the confidential list Friday:
- 25372, drl, OXY USA, George Palmer 1-11-141-94, Wildcat, no production data; this well is southeast of Murphy Creek, where there is almost no activity (a true wildcat); OXY USA had another wildcat in this section targeting the TFS, a long horizontal, but it is "temporarily abandoned" while OXY USA "plans what to do with it."