Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.

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Crane Co > Possible reason for strong Midwest US gas prices

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Comment by BeatTheOddsSquaon Oct 29, 2020 5:56pm

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Post# 31810138

RE:RE:RE:RE:Possible reason for strong Midwest US gas prices

Seppelt thanks for the response.

Seppelt you seem fairly well acquainted with the gas marketing and transportation end of the business.

My post arose due to the recent run-up in prices at the Alliance trading pool. See the table below and checkout the delta from November 2019 $1.79 to $6.46. I was trying to identify a possible reason.

While searching the web I found the article on the shutting in of Bakken associated gas and the move by Canadian producers to AECO and away from Alliance. I also noticed the 200 Mmcf/day drop in Alliance throughput in June 2020. It will be interesting to see what the throughput will be in the Alliance November update. Here is a link to the Alliance throughput graph. Alliance throughput

Any thoughts you can share as to why this maybe happening? Thanks in advance.

	$		10/28/20			10/28/19
Natural Gas			Close	Change	\|	Close	Change	Close	Close
			—————-	————		————–	————	————	————–
Daily Spot AECO	(C$/mmbtu)		3.313	0.137	\|	2.930	0.383	2.137	2.222
Daily Spot Diff (H.Hub-AECO)	(US$/mmbtu)	^	0.620	0.000	\|	0.240	0.380	0.300	0.329
AECO Front Month Nov-2020	(C$/mmbtu)		3.077	0.024	\|	2.391	0.686	2.117	2.191
AECO 12-month Avg. Futures	(C$/mmbtu)		3.006	0.024	\|	2.031	0.975	2.343	2.276
AECO 2021 Avg. Futures	(C$/mmbtu)		3.012	0.022	\|	1.946	1.066	2.422	2.338
Station 2	(C$/mmbtu)		3.168	-0.053	\|	0.180	2.988	2.098	2.072
Alliance ATP	(C$/mmbtu)		6.462	-0.154	\|	1.790	4.672	2.926	2.813
Dawn, ON	(C$/mmbtu)		3.714	-0.120	\|	2.910	0.804	2.390	2.530
					\|
Daily Spot Henry Hub	(US$/mmbtu)	^	3.030	0.000	\|	2.490	0.540	1.885	1.984
H.Hub Front Month Nov-2020	(US$/mmbtu)		2.996	-0.023	\|	2.446	0.550	2.000	2.081
H.Hub 12-month Avg. Futures	(US$/mmbtu)		3.100	-0.008	\|	2.414	0.686	2.494	2.478
H.Hub 2021 Avg. Futures	(US$/mmbtu)		3.103	-0.004	\|	2.418	0.685	2.640	2.598