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Withdrawals From Storage

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  1. Gas prices soar to $20/ Mcf in California

    Online Articles

    Mon, 27 Nov 2000

    contract gained around 15� to 17� each day ending at a near record settlement price high of $6.57. Huge withdrawals from storage told most of this story. The American Gas Association estimated that withdrawal of gas topped 94 bcf for the

  2. High gas and power prices dog California market

    Online Articles

    Tue, 5 Dec 2000

    December surged to $300/Mw-hr. Natural gas prices are sky rocketing because of tight supply of gas and huge withdrawals from storage in the West. �This is very early in the season for storage to be this low,� says Wayne Andrews, analyst

  3. US, Russian gas supply vulnerable if 2002-03 winter unusually cold

    Magazine Articles

    Mon, 11 Nov 2002

    fold, depending on temperatures. For example, in the US, during the harsh 2000-01 winter, maximal weekly withdrawals from storage were more than 6 bcm, and the season closed with only 19 bcm in reserve. But during the mild 2001-02, one maximum

  4. OGJ Newsletter

    Magazine Articles

    Mon, 12 Feb 2001

    last week). Why is the outlook for storage suddenly brighter than expected just a few weeks ago? Put simply, withdrawals from storage have not been as strong as most analysts reckoned would be the case. Salomon Smith Barney contends that the

  5. OGJ Newsletter

    Magazine Articles

    Mon, 25 Feb 2002

    make gains Cold weather in much of the US in early February has ended a series of weeks of relatively small gas withdrawals from storage , said C.H. Guernsey & Co., Oklahoma City. According to the firm's models, cold weather during the first

  6. Gas markets to remain tight despite recent respite

    Online Articles

    Fri, 9 Feb 2001

    last week). Why is the outlook for storage suddenly brighter than expected just a few weeks ago? Put simply, withdrawals from storage have not been as strong as most analysts reckoned would be the case. Salomon Smith Barney contends that the

  7. Guernsey & Co. says gas storage withdrawals starting later than usual

    Online Articles

    Mon, 19 Nov 2001

    the third week in November. "In each of the past 6 years, by the third week in November we had significant withdrawals from storage . However, our storage model estimates that the American Gas Association will again announce this week a net

  8. Fourth quarter gas production could be lower than market suggests

    Online Articles

    Tue, 18 Dec 2001

    presently tops $2.50/MMBtu. At 22 bcf, withdrawals from storage were again small relative to historical averages ..... agency said the pattern of relatively small net withdrawals from storage likely will continue as the basis differential

  9. EIA says gas drilling slump won't prevent low prices in 2002

    Online Articles

    Tue, 8 Jan 2002

    demand in the fourth quarter. Heating season temperatures for most of fourth quarter were above normal, causing withdrawals from storage to be delayed. If temperatures are normal for the rest of this winter, the agency said heating degree-days

  10. WINTER HITS U.S. INDUSTRY, STRAINS GAS SUPPLY

    Magazine Articles

    Mon, 1 Jan 1990

    s interruptible customers were affected. Natural Gas Pipeline Co. of America had to curtail interruptible withdrawals from storage Dec. 21 and interruptible transportation Dec. 22. Some firm transportation was suspended when NGPL could not

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