You are almost never right and you are wrong in this thread. You will need to back up your claims with evidence if I am to spend anymore time on you.
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Pacific Region natural gas storage alarming low
- Thread starter Hawkeye10
- Start date
You are almost never right and you are wrong in this thread. You will need to back up your claims with evidence if I am to spend anymore time on you.
California has not shut down all pumping out of the ground of fossil fuels, and is in fact increasing pumping out of the ground of fossil fuels now.
Then why would they do that? Remember the gas distributors are using the storage to level out gas prices, so why would they take out gas when it is cheaper. It made sense two or three months ago, and even one month ago, but does not make sense now. Instead, gas distributors are currently using new gas coming into the system.
There would need to be a major disruption in the system for that to be close at all. That is possible, but unlikely.
The gas distribution companies buy gas when it is cheap, store it, and then sell it when it is more expensive. This year, that did not mean buying it during the Fall, and storing it.
Also I tend to not respond the posts that are broken up like this, dont do this with me if you want an answer.
If you are not an idiot you notice that I am the only one providing quotes from experts and facts with links, which leads to be believe that Walt is willfully lying.
The links you provide never seem to backup your claims. They show normal variations in storage to try to even out prices.
If you have a link to your claims that all California fossil fuel production has been shutdown, or that all natural gas pipelines to the Pacific Northwest have been shutdown, I will start to worry. That would be exceedingly bad. But up to now you have just been able to prove that seasonal prices rises have come early, because of unusually high liquified natural gas exports to Europe.
https://www.eia.gov/naturalgas/weekly/From the end of November to mid-December, below-normal temperatures stretched from Western Canada to California, leading to increased demand for natural gas for heating. In the first three weeks of December, natural gas consumption in the residential and commercial sectors in the Pacific Northwest and California combined increased by 23% from the second half of November, and in the electric power sector, natural gas consumption increased 14%, according to data from Point Logic.
Natural gas supply did not keep pace with the increased demand. Net natural gas flows from Canada to the western region, which relies heavily on supply from other parts of the United States and Canada, were down by 4% in the first three weeks of December compared with the second half of November, and natural gas deliveries from the Rocky Mountains into the Pacific Northwest were 9% lower over the same period.
Reduced pipeline capacity because of maintenance in West Texas led to lower westbound natural gas flows, putting upward pressure on Southern California natural gas prices. In addition, Pacific region natural gas storage inventories, which were 25% below year-ago levels and 30% below the five-year average as of December 16, also contributed to increasing prices. In Northern California, PG&E’s injections to rebuild natural gas inventories have not kept pace with previous summers.
While daily natural gas spot prices at PG&E Citygate and Malin reached their highest levels in more than 20 years, SoCal Citygate and Sumas recorded higher prices within the past four years. The natural gas spot price at SoCal Citygate reached an historic high of $144.00/MMBtu on February 12, 2021, because of cold weather and production disruptions in Texas. On March 1, 2019, the natural gas spot price at Sumas averaged $161.33/MMBtu because of supply constraints and unseasonably cold temperatures. An October 2018 explosion on Westcoast Energy’s BC Pipeline led to higher prices at Sumas during the winter of 2018–2019. On November 15, 2018, the Sumas natural gas spot price reached $69.25/MMBt
Also I tend to not respond the posts that are broken up like this, dont do this with me if you want an answer.
I tend to be a detail oriented person. It is the details that add up to create the problem. If each detail is false, there is no problem.
You prefer to ignore whether each detail is true or false, but rather demand we look at the number of claims. This is a trick of conspiracy theorists.
I will say there are real problems, just not the problems you are claiming. First off, there is a very real chance of a global shortage of natural gas, and that is definitely driving up prices. If something goes wrong in the Pacific Northwest, there is less backup than usual. What there is not is a shortage of natural gas in the Pacific Northwest. What there is not is a complete shutdown of either natural gas going to the Pacific Northwest, or of fossil fuel production in California.
You are very emotionally invested into reading the absolutely worst interpretation of market news. Right now, all the information is about the price the Pacific Northwest will have to pay for natural gas, not the actual lack of natural gas.
Did your mistakes with diesel teach you nothing?
You are almost never right and you are wrong in this thread. You will need to back up your claims with evidence if I am to spend anymore time on you.
Well time will tell whether the Pacific Northwest runs out of natural gas by Christmas. You still have seven hours to be right in.
Just texted a friend in suburban Seattle... He still has gas in his house. They have had absolutely no disruptions in gas. There are no warnings of future disruptions. No one is asking them to reduce use for fear of running out. It is like this horrible disaster that Hawkeye claims has just not happened.
Odd how that works.
Odd how that works.
Lightbringer
Loves Me Some Souls
Off 11.5% from last year and 19.7% from the five year average. We dont have the ability to move gas from the East of the country to the West and for some reason production is down. I suspect that California Power making it difficult for gas producers to operate has a lot to do with it, but this is going to be a problem, and not just this year. I find no mention of this from the Mind Molders, which of course does not come as a shock.
The rest of the nation is in a good situation, over the last three months injections into storage for winter caught up to the five year average.
https://ir.eia.gov/ngs/ngs.html
Nice post HawkeyeTen. Yeah, I found that stuff. You're a dirty dirty boy.
https://www.marinij.com/2022/12/27/...-bill-january-2023-natural-gas-cost-electric/PG&E customers used about 26% more natural gas in November than they did in the same month over the past five years.
UFF DA