While South-Central-Region gas inventory declined only 1 Bcf last week versus 12 the week before and 7 last week last year, only 761 Bcf in inventory August 3, 2014 is lower than 807 in inventory there now.
The Fracking Revolution working Wonderfully here also has much U.S. nat. gas flowing Over There. While China imposing tariffs on U.S. supplies is a new trade-war concern, this growth reflects big improvements achieved in healthy prosperity production. China Continue reading →
Much of the area fed from the Marcellus formation cool had the Marcellus spot price average $2.32 last week. However, that $0.606 (+35%) more than last year confirms supply and demand infrastructure decisions firming the gas market.
The politically-correct, renewable electricity sources providing essentially the same this May as last May are a reminder that these are “When-Available/Where-Available” sources the less-valuable sources.
Yes, last week’s 46 Bcf natural gas inventory increase 15 more than last week last year is encouraging those natural gas bearish. We are encouraged by it 16 less than the average the last 5 years and 5th smallest Continue reading →