DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,505 Bcf as of Friday, December 3, 2021, according to EIA estimates.
This represents a net decrease of 59 Bcf from the previous week. Stocks were 356 Bcf less than last year at this time and 90 Bcf below the five-year average of 3,595 Bcf. At 3,505 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,564 Bcf as of Friday, November 26, 2021, according to EIA estimates.
This represents a net decrease of 59 Bcf from the previous week. Stocks were 375 Bcf less than last year at this time and 86 Bcf below the five-year average of 3,650 Bcf. At 3,564 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,644 Bcf as of Friday, November 12, 2021, according to EIA estimates.
This represents a net increase of 26 Bcf from the previous week. Stocks were 310 Bcf less than last year at this time and 81 Bcf below the five-year average of 3,725 Bcf. At 3,644 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,618 Bcf as of Friday, November 5, 2021, according to EIA estimates.
This represents a net increase of 7 Bcf from the previous week. Stocks were 308 Bcf less than last year at this time and 119 Bcf below the five-year average of 3,737 Bcf. At 3,618 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,611 Bcf as of Friday, October 29, 2021, according to EIA estimates.
This represents a net increase of 63 Bcf from the previous week. Stocks were 313 Bcf less than last year at this time and 101 Bcf below the five-year average of 3,712 Bcf. At 3,611 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,548 Bcf as of Friday, October 22, 2021, according to EIA estimates.
This represents a net increase of 87 Bcf from the previous week. Stocks were 403 Bcf less than last year at this time and 126 Bcf below the five-year average of 3,674 Bcf. At 3,548 Bcf, total working gas is within the five-year historical range.
Ameren Illinois, Nicor Gas customers should expect higher heating bills this winter
U.S. homeowners will see heating prices increase by as much as 54% according to the EIA. Ameren and Nicor are already warning Illinois customers to expect 30% higher bills. High demand, low supply, weather impacts, and natural gas inflation are forecast to cause commodity pricing to be the most expensive it’s been since 2008.
The utilities expect their cost to be 75% higher per therm this winter. If we have a milder winter, pricing impact should be lower. However, there are various ways to assist customers such as purchasing gas when it’s cheaper in the summer, energy savings tips, and payment and budget plans.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://www.centralillinoisproud.com/news/local-news/ameren-illinois-nicor-gas-customers-should-expect-higher-heating-bills-this-winter/
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,461 Bcf as of Friday, October 15, 2021, according to EIA estimates.
This represents a net increase of 92 Bcf from the previous week. Stocks were 458 Bcf less than last year at this time and 151 Bcf below the five-year average of 3,612 Bcf. At 3,461 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,369 Bcf as of Friday, October 8, 2021, according to EIA estimates.
This represents a net increase of 81 Bcf from the previous week. Stocks were 501 Bcf less than last year at this time and 174 Bcf below the five-year average of 3,543 Bcf. At 3,369 Bcf, total working gas is within the five-year historical range.
Sharp surge in energy prices threatens economic recovery and is already slowing growth
We’ve seen countless material costs increase throughout the pandemic including skyrocketing fossil fuel rates. Consumers are wondering how long prices will continue to rise especially in the northern US with winter fast approaching.
The lack of resources coupled with higher costs are affecting global supply chains. Oil and coal are making up for the lack of natural gas and wind power supplies but are also showing rising prices compared to last year.
The probability of a recession increases when energy prices are steadily moving towards a higher percentage of GDP. Global effects on supply chains also impact numbers and priorities for spending. How Americans choose to spend their money is forecasted to be different than past years. Where they cut back on costs will affect not just the industry but overall economic growth. Economists believe we don’t need to worry about a recession at this point but are concerned with how badly it can cause growth to be affected negatively.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://www.cnbc.com/2021/10/12/sharp-surge-in-energy-prices-threatens-economic-recovery-and-is-already-slowing-growth.html