Constant

U.S. industrial natural gas demand shifted last July from growth of 0.4 Bcf/d year on year (y/y) to a decline in December of 2 Bcf/d y/y, which, holding all else constant, loosened supply and demand balances by 2.4 Bcf/d and drastically changed the price environment, Barclays Capital analysts reported last week.

U.S. industrial natural gas demand shifted last July from growth of 0.4 Bcf/d year on year (y/y) to a decline in December of 2 Bcf/d y/y, which, holding all else constant, loosened supply and demand balances by 2.4 Bcf/d and drastically changed the price environment, Barclays Capital analysts said this week.

The number of natural gas market centers in the United States and Canada has remained essentially constant since the late 1990s, but that’s about to change as evolving supply basins and pipeline infrastructure dictate gas shipper needs, the Energy Information Administration (EIA) has found. EIA said six new market centers could be placed in service in the next four to five years.

The number of natural gas market centers in the United States and Canada has remained essentially constant since the late 1990s, but that’s about to change as evolving supply basins and pipeline infrastructure dictate gas shipper needs, the Energy Information Administration (EIA) has found. EIA said six new market centers could be placed in service in the next four to five years.

The financial meltdown, combined with the steep slide in crude oil prices and growth in domestic production, has been a constant drag on natural gas prices over the past months and relief isn’t expected anytime soon, the Energy Information Administration (EIA) said in its Short-Term Energy Outlook for November.

The financial meltdown, combined with the steep slide in crude oil prices and growth in domestic production, has been a constant drag on natural gas prices over the past month, according to the Energy Information Administration’s (EIA) Short-Term Energy Outlook for November. And it says the outlook is not expected to improve anytime soon.

Constant revisions to the weekly natural gas storage surveys contribute to undue market volatility, according to commenters on the Energy Information Administration’s (EIA) proposed survey changes. The comments ranged from warnings that changes to the storage revisions policy could lead to market manipulation, to recommendations that companies frequently reporting revisions be penalized.

Constant revisions to the weekly natural gas storage surveys contribute to undue market volatility, according to commenters on the Energy Information Administration’s (EIA) proposed survey changes (see Daily GPI, July 12). The comments ranged from warnings that changes to the storage revisions policy could lead to market manipulation, to recommendations that companies frequently reporting revisions be penalized.

With winter setting in for the long haul, two indicators have become a constant. Natural gas prices continue to stay pegged in the upper echelon, and fertilizer producing companies continue to scale back their natural gas-intensive process of producing items such as ammonia and methanol.