Parallel Energy Trust T.PLT.DB

RE:The N.G reserves finally starting to decline

[Kherson]

Alxoren, those storage numbers only tell half of the story. For the week ending January 2, 2015, the US imported 8bcf/d from Canada and also imported 2bcf of LNG. What is also interesting is that US dry gas production is actually down, hence the increase in the price for ethane...
On another note, the US installed almost 8000 MW of gas fired electrical power plants in 2014. Those new plants are now burning an extra 1 bcf/d of natural gas...
Kherson