Bentek: Natural Gas Flows Rise Despite Mild Weather, Shut-ins, High Storage Levels, Reports NGI.DULLES, Va. -- Despite mild weather, high natural gas storage levels and 1.3 Bcf/d of shut-in production in the Gulf, the flow of natural gas at a number of major gas market points across the industry's pipeline grid is surprisingly higher this May compared to May 2005, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Bentek Energy Hub Flow report. The new report is being made available on the Intelligence Press website along with natural gas price index information at each of the market points listed (http://intelligencepress.com/features/bentek/). "At Transco Zone 6 NY so far this May we are averaging 1,496,000 MMBtu/d compared to 1,332,000 MMBtu/d last May," Bentek's Jim Simpson
James "Jim" Simpson , vice president of operations at the Golden, CO-based consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , said Wednesday. "It's considerably higher. "What we don't know Don't know (DK, DKed) "Don't know the trade." A Street expression used whenever one party lacks knowledge of a trade or receives conflicting instructions from the other party. is whether people are filling storage up this year really fast. Are people bringing even more gas to New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of to put into the ground? With the price spread as wide as it is between now and next winter ($4.735 last Tuesday Last Tuesday is a Christian melodic punk rock band hailing from Harrisburg, Pennsylvania. They played their final show on March 10th, 2007. Last Tuesday was formed in 1999 in Harrisburg, P.A. , comparing June and January futures), anybody who owns storage and uses it economically as opposed to operationally would want to bring more gas to New York and put it in the ground right now," he said. "The flows don't lie," Simpson said, turning his attention to the West. "They are what they are. If there is maintenance at Opal, you'll see it in the flows. On SoCal and PG&E, those are deliveries to their citygates so you get the idea of what they are taking in on a daily basis." Bentek's Hub Flow report, which has been combined with NGI's price indexes and price spreads to the Henry Hub Henry Hub is the pricing point for natural gas futures contracts traded on the New York Mercantile Exchange (NYMEX). It is a point on the natural gas pipeline system in Erath, Louisiana. It is owned by Sabine Pipe Line LLC. on the Intelligence Press website, provides a direct insight into natural gas market fundamentals through the use of both charts and graphs. The flow volumes in the Bentek Hub Flow report are taken from the evening nominations cycle on the previous day. A report dated Wednesday, May 10, 2006, for example, will include the flow data from Tuesday evening's nominations cycle for gas to flow on Wednesday. In addition to the gas flow data, NGI (Next Generation Internet) A project of the U.S. government for researching high-speed network technologies for use by federal agencies. See Internet2. also has included its daily price indexes in the Hub Flow chart, as well as the price spreads between the indexes and the Henry Hub cash index for that flow day and the daily change in that price spread. For more information on the Bentek Hub Flow data, go to http://intelligencepress.com/features/bentek/. About Intelligence Press Inc. Intelligence Press Inc. is an independent publishing company and has been serving the energy industry since 1981 with leading news and price survey reports for the natural gas market in its publications: Natural Gas Intelligence, Daily Gas Price Index, Weekly Gas Price Index and Power Market Today. The publisher runs real-time news on natural gas and power market developments at http://intelligencepress.com. Additionally, Intelligence Press, commonly identified by its flagship weekly newsletter, Natural Gas Intelligence or NGI, provides historical price data, publishes natural gas infrastructure and storage maps and hosts GasMart, www.gasmart.com, a premier annual conference/tradeshow for the natural gas industry, and natural gas futures price Futures price The price at which parties to a futures contract agree to transact upon the settlement date. workshops. |
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