...Bentek Energy reported dry gas production this week averaged 64.7 Bcf/d, up nearly 2% from a year ago....Front futures $3.59 -0.15.
...Total consumption increased week-on-week with large gains in power demand. According to Bentek Energy Services estimates, total natural gas consumption in the United States increased by 3.0%, driven by an 11.1% increase in the power sector. Warmer temperatures across most of the country, and the corresponding increase in air conditioning load, likely contributed to the demand increases. Natural gas consumed in the power sector increased across most of the country. However, gains were particularly strong in the Northeast and Midwest where week-over-week consumption increased 35.5% and 78.3%, respectively, as temperatures increased by around 20 degrees Fahrenheit from the previous week. Increases in natural gas consumed for electric generation offset the decreases of natural gas used in the industrial, residential, and commercial sectors.
Total supply increased 1.3% during the week due to higher natural gas production and imports. According to Bentek, dry natural gas production and imports increased by 0.5% and 9.3%, respectively, during the week. Dry natural gas production this week was 2.0% higher than a year ago....MUCH MORE including the Heating Degree Day table and:
Deviation between average and normal (°F)
7-Day Mean ending Jun 20, 2013
