ETC Natural Gas (129 lettori)

NEO_99

Forumer storico
January futures down 1.6 cents at $3.096
--Demand-driving cold front may be short-lived
--Market fundamentals remain bearish

By Christian Berthelsen
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--Natural gas futures slipped lower Wednesday, as it appeared a predicted cold spell that could drive demand would be short-lived.
Natural gas for January delivery recently traded 1.6 cents, or 0.5%, lower at $3.096 a million British thermal units on the New York Mercantile Exchange. The benchmark contract traded as low as $3.089 in earlier trading.
Several forecasts said predictions for a cold spell along the east coast in the next six to 10 days were strengthening, but that above-normal temperatures were expected to return after that. Commodity Weather Group called the coming chill a "quick cold shot," but said: "The fast movement of the event will prevent any long-term impacts...Another surge of warming is seen tracking through the mid-continent and toward the East." Overall, mild temperatures are expected across most of the U.S. through the middle of January, helping to keep gas-inventories high.
"The fundamentals remain really bearish, and the only possibility to provide a lift to gas prices is a return of cold weather, and it doesn't look like that's in the forecast for the next 5 to 10 days for right now," said Gene McGillian, an analyst at brokerage Tradition Energy in Stamford, Conn.
Gas futures are hovering near 27-month lows. For months, mild weather has crimped the peak-demand season that accompanies cold winter temperatures. More than half of U.S. homes use natural gas for heating, but homeowners haven't needed to generate as much heat.
Combined with record production coming from U.S. shale gas formations, the situation has pushed U.S. natural gas inventories to all-time highs earlier this year, and inventories last week were 12% above the five-year average for the same week, according to the U.S. Energy Information Administration.
Meanwhile, natural gas for next-day delivery at the benchmark Henry Hub in Louisiana recently traded at $3.0750/MMBtu, according to IntercontinentalExchange, down from Tuesday's average of $3.0877/MMBtu. Natural gas for next-day delivery at Transcontinental Zone 6 in New York traded at $5.75/MMBtu, up from $4.297/MMBtu on Tuesday.
 

NEO_99

Forumer storico
cmq l'altro giorno ho postato una notizia super interessante...

praticamente col gas a questi livelli, pezzi grossi dell chimica apriranno dei centri di conversione da gas ad etilene(etene) .. gli USA saranno sempre gli USA ..energia a basso costo vuol dire futuro assicurato..se nn fossero stati cosi c.oglioni da sperperare MILIARDI di dollari in guerre nn li fermerebbe nessuno....
qui' si fanno manovre e manovre per finire nel burrone.. importiamo l'85% dell'energia...ma che crescita vuoi avere ?
 

Users who are viewing this thread

Alto