Natural Gas Futures Prices
CME-NYMEX natural gas futures market intraday prices for February 20, 2012 at 8:35 AM.
(Prices are USD per mmbtu)
Mar. $2.635 -$0.049
Apr. $2.769 -$0.055
May. $2.876 -$0.050
Jun. $2.955 -$0.055
Jul. $3.029 -$0.045
Aug. $3.067 -$0.042
PMC 30-Day Natural Gas Futures Chart
Natural Gas Storage is 765 BCF Above Five-Year Average
Working gas in storage was 2,761 Bcf as of Friday, February 10, 2012, according to EIA estimates. This represents a net decline of 127 Bcf from the previous week. Stocks were 817 Bcf higher than last year at this time and 765 Bcf above the 5-year average of 1,996 Bcf.
Electricity Prices Are Looking Great
All of the Northeastern US prices for electricity are up slightly this morning but remain at 12-month lows.
The intraday price on the CME/NYMEX market is $105.07, down $1.83 at 7:45 AM. The global crude market is heavy with worry over Iran. The EU cutting off access to SWIFT trading to Iran is an under-reported news item that could significantly cripple Iran's economy by blocking basic banking transactions.
OPEC Basket Data
Interesting Links and Resources
(Click on Links to View)
20-Year Low for Coal
Natural gas production is hurting the price of coal as utilities opt for the cleaner and cost-competitive fuel.
Talisman Cuts Marcellus Shale Drilling
The Canadian firm seeks higher prices for natural gas.
Jim Steets of Entergy Argues for Keeping Indian Point Running
Entergy president pushes back on efforts to close the Indian Point nuclear facility.
Calpine Seeks Approval for $300-million Natural Gas Generator in Delaware
Salem's Dirty Generator May Become a Clean Natural Gas Facility
Click on the links below to view the National Weather Service forecasts.
6-10 Day forecast
8-14 Day forecast
NOAA Forecast- 30-Days
El Nino-La Nina (Pacific Ocean Temperature Levels)
Arctic Oscillation (Arctic Pressure Patterns)
Jet Stream Forecast (SFSU)
Written by Martin Linskey; Energy Charts developed by Charles Myers.
Disclaimer: This information is provided for the use of our customers and potential customers. Power Management Company assumes no
responsibility or liability for the accuracy or completeness of pricing or information in this document. Historical data was obtained from
sources that we believe to be reliable, but we do not guarantee its accuracy or completeness. It is not intended to provide advice or recommendation. Views are subject to change without notice.