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As natural gas production in Michigan posts its 14th consecutive year of decline, a Michigan Public Service Commission (PSC) report projects interstate pipeline deliveries to the state will be 664.2 Bcf in 2011, a 14.2% increase.

As natural gas production in Michigan posts its 14th consecutive year of decline, a Michigan Public Service Commission (PSC) report projects interstate pipeline deliveries to the state will be 664.2 Bcf in 2011, a 14.2% increase. The state’s production is projected to decline by 5.5% to 133.5 Bcf in 2011, according to the PSC’s “Summer 2011 Energy Appraisal.” Gas sales in the state are projected to be 780.7 Bcf this year, an increase of 2.4% over 2010 sales and 11.3% over 2009 sales, based on an assumption of normal weather. Residential home heating is seen as the driver for consumption growth as the 2010-2011 winter season was 3% colder than normal, the PSC report said. Despite increased sales, prices should remain relatively flat, the report said. “…[T]he continued growth in estimated and proven natural gas reserves is having a dampening effect on inflationary forces.”

The 14th consecutive annual export sales record and the 2000-01 winter price spike drove the value of Canadian natural gas exports to a stellar high in the last contract year. Revenues leaped 72% to C$28.5 billion (US$18.6 billion) during the 12 months that ended Oct. 31 from C$16.6 billion (US$11.2 billion) in the preceding contract year, by the National Energy Board’s count.

The 14th consecutive annual export sales record and the 2000-01 winter price spike drove the value of Canadian natural gas exports to a stellar high in the last contract year. Revenues leaped 72% to C$28.5 billion (US$18.6 billion) during the 12 months that ended Oct. 31 from C$16.6 billion (US$11.2 billion) in the preceding contract year, by the National Energy Board’s count.

Canadian exporters are well on their way to chalking up their 14th consecutive annual record for natural gas deliveries to the United States, according to records kept by the National Energy Board. Export volumes rose 10% to 2.88 Tcf in the first three-quarters of the gas contract year ending Oct. 31, compared to 2.62 Tcf delivered to the U.S. during the nine-month period of Nov. 1-July 31 in 1999-2000.

Canadian exporters are well on their way to chalking up their 14th consecutive annual record for natural gas deliveries to the United States, according to records kept by the National Energy Board. Export volumes rose 10% to 2.88 Tcf in the first three-quarters of the gas contract year ending Oct. 31, compared to 2.62 Tcf delivered to the U.S. during the nine-month period of Nov. 1-July 31 in 1999-2000.

As infrastructure and market functioning problems persistedMonday, the California Independent System Operator (Cal-ISO) calledits 14th Stage One power alert since Nov. 1 and the 46th of theyear, signifying its reserves were expected to dip below 7% whendemand peaked between 5-7 p.m. PST. Initial indications were thatCal-ISO’s price cap lifting late Friday brought additional supplybids but had no impact on easing price increases.