Innovations will be expanded by 29 BCC – EIA
Henry Hub’s winter zones go up to $ 4.25 / MMBtu
Henry Howe’s future was August 26, when US stocks rose sharply in the United States due to a sharp fall.
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NYMEX Henry Hub’s September contract rose 27 cents in trade to 4.17 / MMBtu after the US Energy Information Administration’s weekly storage report was released. From November to March, the winter strip rose 21 cents to $ 4.25 / MMBtu.
Working gas reserves added 29 Bcf to 2,851 Tcf on August 20, 20 August. In the following week, he had an average of 44 BCF injections for five years and 45 BCF injections last year.
U.S. storage rates are currently 563 Bcf, or 16.5%, up from 3,414 Tcf a year ago and 189 Bcf, or 6.2%, averaging 3.040 Tcf over the five-year period.
The needle was below the 42 BCF flow reported by the IAA this week. It ends on August 13. Most of the change was in the IAA South Central region, which fell by 14 BCC compared to last week’s 1 BCF increase. .
General demand for the South Central region has risen sharply, according to Platt analyzes, including an increase in LNG exports by 1.1 BCA / D and an increase in Texas power demand by 400 MPH / D.
Prices in the south-central region have strengthened compared to last week due to the warmer climate in the region. Ended on August 20, averaging less than $ 3.90 / MMBtu for the week, with Henry Hub pushing for more than $ 4 / MMBtu for the first time on August 26 for an average price of $ 3.95 / MMBtu.
The tropics caused an increase in energy demand from normal temperatures on August 25, 1.2 Bcf / d, averaging southeast and Texas energy demand to 19.5 Bcf / d above the previous week, according to Platt analysis.
High energy fires have boosted base prices in demand centers such as the Houston Canal from Henry Hub to just 1 cent.
Platt Analysis Supply and demand model currently predicts 20 BCF injections for the week ending August 27, averaging 33 BCC for five years. Basic supplies are still moving this week as overall supplies remain flat during the week, and demand for the lower basin has increased by around 2 BC / D.
US energy demand increases by 2.2 BCC / D per week. These findings significantly reduced 300 mmcf / d dropping in LNG feedgas volumes and 300 MMcf / d drop in industrial loads.