Natural gas fill rate:
-49. (the link is a dynamic link). This week's natural gas fill rate has finally reached the "lower limit" of the five year average; current storage is about 170 Bcf below the five year average. Unremarkable.
*************************
New York Times Reports The Obvious
Falling oil prices have ripple effects in oil-producing states.
Next month futures contract dipped below 3 today. HH spot is 2.75.
ReplyDeleteIt's a very cold winter, but also the Marcellus is booming (e.g. Marcellus region spot has dipped below 1.00. )
Amazing, isn't it? With regard to energy, it seems we have moved into a new era. Who wudda guessed -- a glut of energy? I really thought, twenty years ago, we would have been relying on nuclear energy for electricity.
Delete