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DOE EIA Weekly Gas Storage Report

Working gas in storage was 1,845 Bcf as of Friday, February 26, 2021, according to EIA estimates.

This represents a net decrease of 98 Bcf from the previous week. Stocks were 277 Bcf less than last year at this time and 178 Bcf below the five-year average of 2,023 Bcf. At 1,845 Bcf, total working gas is within the five-year historical range.

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A solar panel in space is collecting energy that could one day be beamed to anywhere on Earth

Launched in May 2020, a panel attached to an unmanned drone has been looping Earth to harness the sun’s light to convert to electricity. Technology to focus power directly back to Earth has already been studied and proven possible. This prototype could, once scaled up, revolutionize energy generation and distribution around the world. Experimental results point to this being a feasible option to receive energy in the future. Funded by the Pentagon, costs are always of a concern but prices to create the panels have been decreasing. The amount of people this could help in remote areas or during natural disasters is a large incentive to backing this project.

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.cnn.com/2021/02/23/americas/space-solar-energy-pentagon-science-scn-intl/index.html

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 1,943 Bcf as of Friday, February 19, 2021, according to EIA estimates.

This represents a net decrease of 338 Bcf from the previous week. Stocks were 298 Bcf less than last year at this time and 161 Bcf below the five-year average of 2,104 Bcf. At 1,943 Bcf, total working gas is within the five-year historical range.

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 2,281 Bcf as of Friday, February 12, 2021, according to EIA estimates.

This represents a net decrease of 237 Bcf from the previous week. Stocks were 105 Bcf less than last year at this time and 57 Bcf above the five-year average of 2,224 Bcf. At 2,281 Bcf, total working gas is within the five-year historical range.

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Brutal Cold grips central United States

Temperatures have dropped more than 40° below the average.

Power costs have soared from $4 / MWh to over $600 / MWh.

Most of the news we are seeing is coming from Texas for several reasons:

  1. Well, it is really cold; well below freezing for nearly 5 days.
  2. Texas is a power island. They have no connections outside of Texas so, other states cannot supply power for them.
  3. Texas’ energy infrastructure is not built for freezing temperatures. This results in water main breaks, gas pipes freezing, and power equipment not operating properly.

Outside of Texas the Polar Vortex will have economic impact but, electricity and gas are generally staying on.

If your power or heat is interrupted, CALL your local utility.

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.nytimes.com/interactive/2021/02/16/us/winter-storm-texas-power-outage-map.html?action=click&module=Spotlight&pgtype=Homepage

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 2,518 Bcf as of Friday, February 5, 2021, according to EIA estimates.

This represents a net decrease of 171 Bcf from the previous week. Stocks were 9 Bcf less than last year at this time and 152 Bcf above the five-year average of 2,366 Bcf. At 2,518 Bcf, total working gas is within the five-year historical range.

 

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 2,689 Bcf as of Friday, January 29, 2021, according to EIA estimates.

This represents a net decrease of 192 Bcf from the previous week. Stocks were 41 Bcf higher than last year at this time and 198 Bcf above the five-year average of 2,491 Bcf. At 2,689 Bcf, total working gas is within the five-year historical range.

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DOE EIA WEEKLY GAS STORAGE REPORT

Working gas in storage was 2,881 Bcf as of Friday, January 22, 2021, according to EIA estimates.

This represents a net decrease of 128 Bcf from the previous week. Stocks were 78 Bcf higher than last year at this time and 244 Bcf above the five-year average of 2,637 Bcf. At 2,881 Bcf, total working gas is within the five-year historical range.

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,009 Bcf as of Friday, January 15, 2021, according to EIA estimates.

This represents a net decrease of 187 Bcf from the previous week. Stocks were 36 Bcf higher than last year at this time and 198 Bcf above the five-year average of 2,811 Bcf. At 3,009 Bcf, total working gas is within the five-year historical range.

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‘Clean Cars’ coalition wants Virginia lawmakers to address tailpipe emissions

Currently, 13 states along with Washington D.C. have adopted clean car standards to follow California’s suit in cutting auto emissions. Virginia is set to discuss a new house bill as urged by public health advocates. It would require automakers to provide larger output of electric vehicles with zero emissions and cars that steadily decrease emissions.

Although auto dealers can see the pros to this legislation, they are requesting more time to plan and research while also taking into consideration other factors such as incentives and rebates for purchasers.

By encouraging purchases of cleaner, fuel efficient vehicles, the state forecasts greenhouse emissions will be reduced “by almost 3 million metric tons in 2040 and about 3.4 million metric tons in 2050”. Passing this bill will ensure carbon pollution is reduced while also improving human health affected by exhaust pollutants.

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://energynews.us/2021/01/14/southeast/clean-cars-coalition-wants-virginia-lawmakers-to-address-tailpipe-emissions/

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