DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,462 Bcf as of Friday, December 2, 2022, according to EIA estimates.
This represents a net decrease of 21 Bcf from the previous week. Stocks were 51 Bcf less than last year at this time and 58 Bcf below the five-year average of 3,520 Bcf. At 3,462 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,483 Bcf as of Friday, November 25, 2022, according to EIA estimates.
This represents a net decrease of 81 Bcf from the previous week. Stocks were 89 Bcf less than last year at this time and 86 Bcf below the five-year average of 3,569 Bcf. At 3,483 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 18, 2022, according to EIA estimates.
This represents a net decrease of 80 Bcf from the previous week. Stocks were 62 Bcf less than last year at this time and 39 Bcf below the five-year average of 3,603 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 11, 2022, according to EIA estimates.
This represents a net increase of 64 Bcf from the previous week. Stocks were 4 Bcf higher than last year at this time and 7 Bcf below the five-year average of 3,651 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 3,580 Bcf as of Friday, November 4, 2022, according to EIA estimates.
This represents a net increase of 79 Bcf from the previous week. Stocks were 37 Bcf less than last year at this time and 76 Bcf below the five-year average of 3,656 Bcf. At 3,580 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,501 Bcf as of Friday, October 28, 2022, according to EIA estimates. This represents a net increase of 107 Bcf from the previous week.
Stocks were 101 Bcf less than last year at this time and 135 Bcf below the five-year average of 3,636 Bcf. At 3,501 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,394 Bcf as of Friday, October 21, 2022, according to EIA estimates.
This represents a net increase of 52 Bcf from the previous week. Stocks were 142 Bcf less than last year at this time and 197 Bcf below the five-year average of 3,591 Bcf. At 3,394 Bcf, total working gas is within the five-year historical range.
Natural gas prices are rising. That’s worse news for ratepayers than utilities.
Higher energy prices: who pays them?
A utility pays for them BUT passes the costs through to customers. Utilities do not own the natural gas or they own very little electric generation. They buy on the wholesale market and pay market-based rates. Usually, their payment terms are to buy the gas and electricity but pay for it 60 days after its used. In that way, they use it in the current month, let’s say January, invoice for it in February, and pay the wholesale company back in March. Then do it all again. So, the price they pass through to customers is normally delayed 60 days.
Energy marketers or third-party suppliers buy in the wholesale market and typically repay the wholesale company after 30 days. This means they invoice the current cost immediately. So, there is no delay like with the utilities.
HOWEVER, in both cases the customers end up paying for the wholesale supply. The only question is, do you pay it immediately or after 60 days?
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/2022/10/12/natural-gas-prices-are-rising-thats-worse-news-for-ratepayers-than-utilities/
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,342 Bcf as of Friday, October 14, 2022, according to EIA estimates.
This represents a net increase of 111 Bcf from the previous week. Stocks were 106 Bcf less than last year at this time and 183 Bcf below the five-year average of 3,525 Bcf. At 3,342 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,977 Bcf as of Friday, September 23, 2022, according to EIA estimates.
This represents a net increase of 103 Bcf from the previous week. Stocks were 180 Bcf less than last year at this time and 306 Bcf below the five-year average of 3,283 Bcf. At 2,977 Bcf, total working gas is within the five-year historical range.