RE:Henry hub the only thing in green this morning .Not quite true my friend, unless of course you have a more current source than I do.
If you do I would sure appreciate if you made me aware of your spot source.
AECO spot was up $0.16 Dawn was up $0.03. What is probably much more important is
the huge changes that exist between last year and this one..
AECO is up $2.79 the very same as Alliance ATP
Of note Henry Hub is up $0.54 year over year.
Also of note is gas in storage for the lower 48 states sits at 2,866 BCF
well below (no pun intended) the 5 year average of 3,473.
Pipelines are being built to transport gas in B.C. The two below have been awarded.
I do not know of others, but each pipeline helps to create demand.
https://www.newswire.ca/news-releases/aecon-awarded-pipeline-construction-contract-by-transcanada-for-coastal-gaslink-pipeline-project-in-british-columbia-694898841.html https://www.macroindustries.ca/images/documents/press_releases/2018/mcr-2018-08-21.pdf
COMMODITY NEWS | | | | | | | | | | |
| | | | | | | | | | Average | |
| | | 10/9/18 | | | | | 10/9/17 | 17/18 | Price | |
Natural Gas | | | Close | Change | | | | Close | Change | YTD | |
| | | —————- | ———— | | | ————– | ———— | ————– | |
Aeco Spot | (C$/mcf) | | 2.74 | 16 | ¢ | | | -0.05 | 2.79 | 1.56 | |
Differential (H. Hub/Aeco) | (C$/mcf) | | 1.66 | -4 | ¢ | | | 3.63 | -1.97 | 2.21 | |
Aeco 12 Month Strip (NGX) | (C$/mcf) | | 1.83 | 3 | ¢ | | | 2.13 | -0.30 | 1.60 | |
Aeco Calendar Strip 2019 (NGX) | (C$/mcf) | | 1.78 | 3 | ¢ | | | 2.18 | -0.40 | 1.65 | |
Station 2 | (C$/mcf) | | 2.61 | -4 | ¢ | | | 0.02 | 2.59 | 1.50 | |
Alliance ATP | (C$/mcf) | | 2.76 | -53 | ¢ | | | -0.03 | 2.79 | 2.09 | |
Dawn | (C$/mcf) | | 3.98 | 3 | ¢ | | | 3.49 | 0.49 | 3.74 | |
| | | | | | | | | | | |
Henry Hub Spot | (US$/mmbtu) | | 3.40 | 9 | ¢ | | | 2.86 | 0.54 | 2.93 | |
NYMEX Oct18 | (US$/mmbtu) | | 3.27 | 0 | ¢ | | | 2.83 | 0.44 | 2.86 | |
NYMEX 12 Month Strip | (US$/mmbtu) | | 2.95 | 6 | ¢ | | | 2.98 | -0.03 | 2.86 | |
NYMEX 2019 Strip | (US$/mmbtu) | | 2.89 | 4 | ¢ | | | 3.01 | -0.13 | 2.78 |