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Saturday, January 26, 2019

Natural Gas Could Well Be The Energy Story Of 2018 - 2019 -- January 26, 2019

Updates

January 26, 2019: see first comment --
As this week's report noted, our natural gas supplies are now above those of the same weekend a year ago....that's because the temperatures over recent month have been considerably warmer than the equivalent month of last year, and hence much less natural gas has been needed from storage....
Over the 5 weeks ending January 18th, we only needed to withdraw 303 billion cubic feet of natural gas from storage to meet our needs; however, over the 5 weeks ending January 19th of last year, we found it necessary to pull 1,133 billion cubic feet of natural gas from storage to meet our needs, which were even less at the time, with considerable electrical generation and export capacity having been added in the past year...
The forecast cold for the coming week should put our supplies for this year to the test...
Original Post 

The blog that will follow this story very, very closely: focus on fracking. The next weekly update should be tomorrow, Sunday, January 27, 2019.

Other blogs that will follow this story:

The most recent natural gas fill rate / drawdown:

Natural Gas Fill Rate / Withdrawl
 


That subject line, that natural gas could well be the energy story of 2018-2019, was first posted September 29, 2018.

This was posted about a month later:
After reading it again, I've taken the liberty to add a line on the graphic to project where "we" could be if the winter of 2018-2019 is anything like the winter of 2013 - 2014. I am unaware of anyone making that comparison yet, but it's a scenario that needs considering.
Then, a month later, November 26, 2018, a long note from a reader, with more on the subject.

Last night, major league storms -- the 2019 polar vortex will hit early next week.

This morning, four links over at Drudge (this is why the loony left wants to shut down Drudge; this does not fit the AGW narrative):
From Europe:

Looking forward to a very, very interesting week.

2 comments:

  1. as this week's report noted, our natural gas supplies are now above those of the same weekend a year ago....that's because the temperatures over recent month have been considerably warmer than the equivalent month of last year, and hence much less natural gas has been needed from storage....over the 5 weeks ending January 18th, we only needed to withdraw 303 billion cubic feet of natural gas from storage to meet our needs; however, over the 5 weeks ending January 19th of last year, we found it necessary to pull 1,133 billion cubic feet of natural gas from storage to meet our needs, which were even less at the time, with considerable electrical generation and export capacity having been added in the past year...the forecast cold for the coming week should put our supplies for this year to the test...

    ReplyDelete
    Replies
    1. Agree completely. The good news for those in the path of the Polar Vortex is that it should be short-lived -- less than a week.

      Delete

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