US NATGAS: Northeast and Dominion South Natgas Prices Fall
Jul-17 13:30
Dominion South Point was up $0.01/MMBtu yesterday to $2.91/MMBtu.
- Tetco M3 was down $0.06/MMBtu yesterday to $3.14/MMBtu.
- Transco Z6 non-NY was down $0.07/MMBtu yesterday to $3.386/MMBtu.
- Transco Zone 6 NY was down $0.07/MMBtu yesterday to $3.43/MMBtu.
- Northeast demand was at 39.67 bcf/d, up by around 0.21 bcf/d. Demand is 0.33bcf/d above the 30-day average.
- End user demand was up 20 mmcf/d to 16.5 bcf/d. This compares to the 30-day average of 15.39 bcf/d.
- Production in the region was around 35.61 bcf/d, down around 0.38 bcf/d on the day.
- Production in Appalachia was around 35.02 bcf/d, down around 0.38 bcf/d on the day.
- Feedgas exports to Cove Point LNG stood at 814 mcf/d, up around 14 mcf/d on the day. This is below the 30-day average of 832 mcf/d.
- The total supply-demand balance yesterday showed a deficit of around 3637 mmcf/d, widening from a 3024 mmcf/d deficit the previous day.
- To the east, compared to the previous GFS 15-day forecast, NYC added 11 CDDs, for a total of 213 CDDs. This was 6 greater than the 10-year normal.
- To the west, compared to the previous GFS 15-day forecast, Columbus OH added 24 CDDs, for a total of 226 CDDs. This was 58 CDDs more than the 10-year normal
- The NE region refers to New York, Ohio, Pennsylvania, Virginia, West Virginia, and Maryland. All flow and production data is from Bloomberg.
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