|
|
Enron Mail |
Cc: james.centilli@enron.com, tracy.geaccone@enron.com, steve.gilbert@enron.com,
dave.waymire@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: james.centilli@enron.com, tracy.geaccone@enron.com, steve.gilbert@enron.com, dave.waymire@enron.com X-From: Tu, Denis </O=ENRON/OU=NA/CN=RECIPIENTS/CN=DTU< X-To: Boatman, Jack </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jboatma<, Cady, Rachel </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Rcady<, Farrell, Sharon </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Sfarrel<, Hayes, Robert </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Rhayes<, Hayslett, Rod </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Rhaysle<, Keiser, John </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jkeiser< X-cc: Centilli, James </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jcentill<, Geaccone, Tracy </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Tgeacco<, Gilbert, Steve </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Sgilbe2<, Waymire, Dave </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Dwaymir< X-bcc: X-Folder: \TGEACCO (Non-Privileged)\Geaccone, Tracy\Deleted Items X-Origin: Geaccone-T X-FileName: TGEACCO (Non-Privileged).pst F.Y.I. -----Original Message----- From: webmaster@cera.com [mailto:webmaster@cera.com] Sent: Tuesday, October 16, 2001 9:03 PM To: clients@cera.com Subject: Natural Gas Prices Rebound as Heating Season Approaches - CERA Monthly Briefing Title: Monthly Gas Briefing: A Shift Toward Winter URL(s): http://www20.cera.com/eprofile?u=35&;m=2748; *********************************************************************** NATURAL GAS PRICES REBOUND AS HEATING SEASON APPROACHES Despite high storage levels, with heating season coming, the Henry Hub cash market has bounced back from early October lows to levels near $2.40 per MMBtu. However, weak market fundamentals, including a sluggish economy and increased US and Canadian supplies, will mitigate the usual winter price rise. CERA expects an average Henry Hub price of $2.35 in November. * Although inventories are close to record levels, storage pressures are increasingly unlikely to drive cash markets down significantly this year. * Gas demand will average 14 percent lower than a year earlier; residential and commercial sectors show a decline with a return to normal weather, while a weak economy offsets the return of ammonia and dual-fuel loads in the industrial sector. * Regional storage inventories and weak regional demand should keep upward pressure off of regional differentials. The Northeast examines security issues around LNG shipments. **end** Follow above URL for complete report (6 printed pages). E-mail Category: Monthly Briefing CERA Knowledge Area(s): North American Gas *********************************************************************** *********************************************************************** CERA's Autumn 2001 Roundtable event dates and agendas are now available at http://www20.cera.com/event *********************************************************************** To make changes to your cera.com profile go to: http://www20.cera.com/client/updateaccount Forgot your username and password? Go to: http://www20.cera.com/client/forgot This electronic message and attachments, if any, contain information from Cambridge Energy Research Associates, Inc. (CERA) which is confidential and may be privileged. Unauthorized disclosure, copying, distribution or use of the contents of this message or any attachments, in whole or in part, is strictly prohibited. Terms of Use: http://www20.cera.com/tos Questions/Comments: webmaster@cera.com Copyright 2001. Cambridge Energy Research Associates
|