Friday, October 23, 2020

Natural Gas Fill Rate -- Continuing To Build -- Looking Forward To A Long, Cold Winter -- October 23, 2020

Link here.

Comment from Platts.

4 comments:

  1. the small injections of past couple weeks have really taken the pressure off...we'll still probably see record stores before the early November withdrawals begin, but it won't be beyond what they can handle..

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    Replies
    1. Thank you. I had not thought of that: there are upper limits of storage.

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    2. yeah, natural gas gets in trouble when there's too much of it...from a Reuters article i just accessed this afternoon:
      In Texas, mild weather and low demand caused next-day gas at the Waha hub to fall into negative territory for the first time since April, while power at the Ercot North hub dropped to its lowest since May 2017.

      via: U.S. natgas edges up on rising LNG exports, cold forecasts

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    3. That just blows me away ... that energy ... of any kind ... goes into negative territory --- who would have ever thought? Jimmy Carter, I don't think, ever saw this coming. He liked sweaters.

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