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| Monday Oct 30, 2017 | |
| Prior to November coming off the board last Friday, there were 'bear' sightings when it came to the production component. In fact, the majority of them were sighted in LA and eastern part of TX, which is better known as the Haynesville region. Per an article released by EIA, the region is seeing its highest production levels since the end of 2013. » read more | |
| Friday Oct 27, 2017 | |
| This time of year usually leads with everyone wondering what Mother Nature has in store for the upcoming winter. Decades ago, there was no talk of global warming or the thought of shale production hitting regions closer to the winter demand centers, so all eyes were on the weather forecasts, both long term as well as the short term. Talk of where the season ... » read more | |
| Thursday Oct 26, 2017 | |
| I am not a big fan of umbrellas. Waterproof clothing appears to keep me drier, and I don’t have to hold that extra accessory while walking around. The worst thing is on those really windy days just tug at the umbrella and flip it inside-out. Might as well put it up. » read more | |
| Wednesday Oct 25, 2017 | |
| When the first pitch was thrown in the 2017 World Series last night the temperature in Los Angeles was 103 degrees Fahrenheit which crushed the previous world series record of 94 degrees set back 2001 when the Arizona Diamondbacks hosted the Yankees. The prime time match up will bring national attention to the substantial heat wave that has been pounding ... » read more | |
| Tuesday Oct 24, 2017 | |
| Northeast production volumes have taken a recent turn lower over the past three weeks. Since the last weeks of September to this past weekend the total production coming out of the region has fallen from 25.3 down to 23.6 BCF. This is the reason why our total Lower 48 production has dropped from 75.2 down to 73.2 BCF this month. What has caused this drop in volume? There are ... » read more | |
| Monday Oct 23, 2017 | |
| If you recall, last October was one of the rainiest fall months in the Pacific Northwest has ever seen with several inches falling over a three week period. Such precipitation brought an onslaught of Westside hydro generation to the grid along with output on the Lower Columbia. As a result, the Midc power markets saw plenty of downward pressure all month as the ... » read more | |
| Friday Oct 20, 2017 | |
| I try to keep politics out of the newsletters. I’m in the energy business. I’ve lived in Portland, Oregon for 20 years – let’s just say it is a liberal city. I’ve spent a few years of my professional life living in Oklahoma and Texas – let’s just say those are not liberal places. I have friends, colleagues, and clients in the energy ... » read more | |
| Thursday Oct 19, 2017 | |
| SPP has seen very high wind this month and is forecast to reach an all-time high moving into this weekend on Friday and Saturday. Unlike gas and coal units, wind cannot be controlled easily by the plant. Figure 1 shows the wind and thermal stack for SPP. As shown in the chart, the variations in wind are compensated for by thermal units generating more or less during any ... » read more | |
| Wednesday Oct 18, 2017 | |
| On October 12th there was an issue at the Berne compressor on the Tetco pipeline which led to a forced majeure as throughput fell from 1.8 Bcf to 0. The Berne compressor sits in southern PA and stifled flows to the South Central region and resulted in lower overall production volumes. However there was an unexpected consequence that occurred in a neighboring ... » read more | |
| Tuesday Oct 17, 2017 | |
| We have been following California energy economics for two decades. One the qualities of the market that has stood the test of time is that it is an island. The demand needs of the state far exceed its supply abilities. Thousands of miles of pipelines and transmission facilities have been built over the past 60 years to accommodate the consumers on California Island. This ... » read more | |