Storage

Storage

ARTICLES

More Gas Generation, Low Gas Prices in PGE's Future, CEO Says

Portland General Electric (PGE) has more than a billion dollars worth of new generation coming to fruition in the next two years, and $750 million is tied up in two new natural gas-fired plants, according to PGE CEO Jim Piro. Read More

B&V Survey Finds NatGas and Power Increasingly Linked

The thirst for natural gas among power generators is predicted to see "material" increases by 2020, according to a survey of energy industry participants... Read More

Analysts See Equal Up/Down Risk, Yet November NatGas Called 4 Cents Lower

November natural gas is set to open 4 cents lower Friday morning at $3.58 as traders note little change in mild weather forecasts and increased production is expected to make up for an expected storage deficit relative to last year. Overnight oil markets retreated. Read More

Mid-Atlantic Gains Balance New England Losses; Futures Slide Ahead Of Storage Stats

Next-day prices for physical gas traded Wednesday moved little as hefty losses in New England were largely balanced by gains in the Mid-Atlantic, Marcellus, and Gulf. Great Lakes and Rockies prices were mostly mixed, but California locations were higher. Read More

Arizona Eyes Robust Winter Gas Supplies, Warmer Weather

Arizona regulators said Tuesday in an annual conference with major suppliers and distributors in Phoenix that the state has robust natural gas supplies... Read More

All NatGas Cash Points Decline, Bringing Futures Along for the Ride

Every point fell in Wednesday's trading for Thursday physical gas delivery. New England points took the biggest hits, falling by double-digits, but similar losses were also noted on the West Coast as slipping temperatures joined forces with declining power loads and weak next-day power prices. Read More

Firm Power Demand, Prices Lift NatGas Cash Quotes; Futures Follow Falling Oil

Natural gas for delivery Wednesday at most market points rose in Tuesday's trading with an assist from the power markets, where next-day power loads across major transmission grids were forecast to be higher and next-day power prices responded accordingly. Read More

Consumers Energy to Invest More on Storage

Consumers Energy, Michigan's largest utility, said its extensive underground storage system helped save its natural gas customers about $295 million during last winter's polar vortex. Read More

Futures Post Lackluster Rally Following EIA Storage Stats

Natural gas futures rose modestly following the release of government storage figures that were somewhat less than what traders were expecting. Read More

Surging Northeast Natgas Quotes Surrounded By Weakness; Futures Swan Dive

Next-day gas prices were mostly lower in Monday's trading as stout double- and even triple-digit gains at some points in the East compared to drops nearly everywhere else. New England, the Mid-Atlantic, Marcellus points and Appalachia were all higher as pipeline curtailments remained in place, and forecast power loads increased. Next-day power prices were also firm. Producing region pricing came in mixed to lower. Read More