DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,767 Bcf as of Friday, January 5, 2018, according to EIA estimates.
This represents a net decrease of 359 Bcf from the previous week. Stocks were 415 Bcf less than last year at this time and 382 Bcf below the five-year average of 3,149 Bcf. At 2,767 Bcf, total working gas is within the five-year historical range.
Recent cold snap shatters Polar Vortex records for natural gas demand — could send bills surging
Citizen’s Energy Group reported a record use of natural gas. Due to the recent polar vortex (when temperatures drop to well below 0) from Dec 26 through Jan 6 (10 days) over 5.6 million dekatherms were used; MORE THAN a 25 day supply during normal winter weather!
With the extreme cold you had price increases of about 3 times more than normal. Bills will be higher for January. However, more moderate winter weather is forecast so the increase will be temporary.
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 6 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
https://www.indystar.com/story/news/2018/01/09/recent-cold-snap-shatters-polar-vortex-records-natural-gas-demand-could-send-bills-surging/1013669001/
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,126 Bcf as of Friday, December 29, 2017, according to EIA estimates.
This represents a net decrease of 206 Bcf from the previous week. Stocks were 192 Bcf less than last year at this time and 192 Bcf below the five-year average of 3,318 Bcf. At 3,126 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,444 Bcf as of Friday, December 15, 2017, according to EIA estimates.
This represents a net decrease of 182 Bcf from the previous week. Stocks were 183 Bcf less than last year at this time and 84 Bcf below the five-year average of 3,528 Bcf. At 3,444 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,626 Bcf as of Friday, December 8, 2017, according to EIA estimates.
This represents a net decrease of 69 Bcf from the previous week. Stocks were 201 Bcf less than last year at this time and 27 Bcf below the five-year average of 3,653 Bcf. At 3,626 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,695 Bcf as of Friday, December 1, 2017, according to EIA estimates.
This represents a net increase of 2 Bcf from the previous week. Stocks were 264 Bcf less than last year at this time and 36 Bcf below the five-year average of 3,731 Bcf. At 3,695 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,693 Bcf as of Friday, November 24, 2017, according to EIA estimates.
This represents a net decrease of 33 Bcf from the previous week. Stocks were 309 Bcf less than last year at this time and 107 Bcf below the five-year average of 3,800 Bcf. At 3,693 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,726 Bcf as of Friday, November 17, 2017, according to EIA estimates.
This represents a net decrease of 46 Bcf from the previous week. Stocks were 319 Bcf less than last year at this time and 121 Bcf below the five-year average of 3,847 Bcf. At 3,726 Bcf, total working gas is within the five-year historical range.
How the House Tax Bill Would Impact Wind, Solar, Electric Vehicles and Utilities
Long term planning is what all businesses and countries seek right?
The U.S. passed laws to encourage the investment in renewable energy technology and innovation. Since then, companies, states and municipalities have invested $BILLIONs to achieve commercially available energy products, sustainable energy and reduced pollution/greenhouse gases. Renewable energy has been a top job producer.
The House Republicans and Senate have unveiled tax reform bills that would undermine this planning and progress. Proposed reforms would include:
- Curtail wind construction
- Stop long term investment in solar development
- Stop investment in electric vehicles
These 3 items represent the majority of jobs created in the electric energy industry over the last 8 years.
One addition was incentive for small wind turbines, fuel cells and geothermal. This is a good plan as none of these technologies are currently commercially viable. That will take a long-term plan. While the Republican tax reform gets finalized, look at what is done to the engines of job growth in the energy industry and for those that carry out long term planning.
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.
Additional Information:
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,772 Bcf as of Friday, November 10, 2017, according to EIA estimates.
This represents a net decrease of 18 Bcf from the previous week. Stocks were 271 Bcf less than last year at this time and 101 Bcf below the five-year average of 3,873 Bcf. At 3,772 Bcf, total working gas is within the five-year historical range.
