{"id":1043,"date":"2014-04-02T14:03:48","date_gmt":"2014-04-02T19:03:48","guid":{"rendered":"https:\/\/allenergyconsulting.com\/blog\/?p=1043"},"modified":"2014-04-02T14:03:48","modified_gmt":"2014-04-02T19:03:48","slug":"last-two-days-gas-futures-down-by-5-what-impact-is-that","status":"publish","type":"post","link":"https:\/\/allenergyconsulting.com\/blog\/2014\/04\/02\/last-two-days-gas-futures-down-by-5-what-impact-is-that\/","title":{"rendered":"Last two days gas futures down by 5% &#8211; What impact is that?"},"content":{"rendered":"<p>Everyday the model results of the latest market changes are awaiting for you. \u00a0The majority of the time, the market doesn&#8217;t moved dramatically enough for you to care, but when it does\u00a0<a href=\"http:\/\/allenergyconsulting.com\/category\/pma\/\" target=\"_blank\">Power Market Analysis (PMA)<\/a>is there for you.<\/p>\n<p>April 1st, 2014&#8217;s daily file shows the changing commodity prices resulted in an increase of 1.3% \u00a0for natural gas demand \u00a0for this summer relative to the March 31st file. \u00a0The figure below comes from the daily file.<\/p>\n<p><a href=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAdailychart.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1044\" title=\"PMAdailychart\" src=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAdailychart.jpg\" alt=\"\" width=\"481\" height=\"278\" srcset=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAdailychart.jpg 481w, https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAdailychart-300x173.jpg 300w\" sizes=\"auto, (max-width: 481px) 100vw, 481px\" \/><\/a><\/p>\n<p>Our online interface allows you to compare daily runs on the fly. \u00a0The below graph comes straight from the online interface and it shows the change in gas demand from April 1st, 2014 to March 28th, 2013 run. \u00a0The above compared the April 1st, 2014 run to the March 31st, 2014 run. \u00a0Summing up the below chart change for this summer, the last two days have changed the expected summer gas demand by more than 4%. (~0.9 Bcf\/d.)\u00a0Click graph to get enlarged version.<\/p>\n<p><a href=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAonlinecomp.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-1045\" title=\"PMAonlinecomp\" src=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAonlinecomp.jpg\" alt=\"\" width=\"629\" height=\"210\" srcset=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAonlinecomp.jpg 898w, https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAonlinecomp-300x100.jpg 300w\" sizes=\"auto, (max-width: 629px) 100vw, 629px\" \/><\/a><\/p>\n<p>You can also compare future prices over time to get a sense of how the future&#8217;s market has changed over time. \u00a0The below graph compares the Henry future curves of April 1st, 2014 versus February 28th, 2014. \u00a0The red line is the zero line. Click graph to get enlarged version.<\/p>\n<p><a href=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAonlinecomp2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-1046\" title=\"PMAonlinecomp2\" src=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAonlinecomp2.jpg\" alt=\"\" width=\"622\" height=\"210\" srcset=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAonlinecomp2.jpg 889w, https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAonlinecomp2-300x101.jpg 300w\" sizes=\"auto, (max-width: 622px) 100vw, 622px\" \/><\/a><\/p>\n<p>The market is valuing more future winter risk relative to the end of February. \u00a0However, the rest of the time the market is lower than it was just a month ago. \u00a0 The prompt year is down by around $0.30\/mmbtu.<\/p>\n<p>The online interface offers a\u00a0simple drop down to compare different gas basis. \u00a0Dominion South Point continues to get more negative in April relative to February futures. \u00a0Click graph to get enlarged version.<\/p>\n<p><a href=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAcomp3.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-1047\" title=\"PMAcomp3\" src=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAcomp3.jpg\" alt=\"\" width=\"622\" height=\"210\" srcset=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAcomp3.jpg 889w, https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAcomp3-300x101.jpg 300w\" sizes=\"auto, (max-width: 622px) 100vw, 622px\" \/><\/a><\/p>\n<p>The online interface also allows comparisons of power prices across the country. \u00a0 The below show the impact of the last two days gas price drop on PJM-West On-Peak prices.<\/p>\n<p><a href=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAcomp4.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-1048\" title=\"PMAcomp4\" src=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAcomp4.jpg\" alt=\"\" width=\"622\" height=\"210\" srcset=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAcomp4.jpg 889w, https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/PMAcomp4-300x101.jpg 300w\" sizes=\"auto, (max-width: 622px) 100vw, 622px\" \/><\/a><\/p>\n<p>Coal burns by basin are now available. \u00a0As coal units install control equipment, will we see a reduction in PRB? \u00a0What type of coal will be hurt the most as coal units retire? \u00a0These answers are available to PMA subscribers.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/coalbasindemand.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1049\" title=\"coalbasindemand\" src=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/coalbasindemand.jpg\" alt=\"\" width=\"660\" height=\"289\" srcset=\"https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/coalbasindemand.jpg 660w, https:\/\/allenergyconsulting.com\/blog\/wp-content\/uploads\/2014\/04\/coalbasindemand-300x131.jpg 300w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<p>PMA subscribers get the online access, the daily files, and the study files. \u00a0 In addition, prime members receive-at no additional cost-reports such as\u00a0<a href=\"https:\/\/allenergyconsulting.com\/blog\/2014\/03\/16\/summer-2014-outlook-power-gas-coal-and-generation-fleets\/\" target=\"_blank\">the Summer 2014 Outlook report<\/a>\u00a0,\u00a0the recent\u00a0<a href=\"http:\/\/allenergyconsulting.com\/wp-content\/uploads\/2014\/03\/Comparison2013v2014base.pdf\" target=\"_blank\">briefing\u00a0<\/a>on what is causing the gas demand drop, and where it is coming from. \u00a0Subscribers also have the opportunity for free private consultations. \u00a0Discussions can range from answering more detailed questions on the studies to discussing potential scenarios of the future.<\/p>\n<p>Please contact me to schedule an online demo meeting\u00a0<a href=\"mailto:dkb@allenergyconsulting.com\" target=\"_blank\">dkb@allenergyconsulting.com<\/a>\u00a0or 614-356-0484<\/p>\n<p>&nbsp;<\/p>\n<p>Your Inspired Energy Consultant,<\/p>\n<p>&nbsp;<\/p>\n<p>David<\/p>\n<p>&nbsp;<\/p>\n<p>David K. Bellman<br \/>\nFounder &amp; Principal<br \/>\nAll Energy Consulting LLC<br \/>\n&#8220;Independent analysis and opinions without a bias.&#8221;<br \/>\n614-356-0484<br \/>\n<a href=\"mailto:dkb@allenergyconsulting.com\" target=\"_blank\">dkb@allenergyconsulting.com<\/a><br \/>\nblog:\u00a0<a href=\"http:\/\/cts.vresp.com\/c\/?AllEnergyConsultingL\/2bf203f496\/44d67ad3f7\/36de6f162b\" target=\"_blank\">https:\/\/allenergyconsulting.com\/blog\/category\/market-insights\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Everyday the model results of the latest market changes are awaiting for you. \u00a0The majority of the time, the market doesn&#8217;t moved dramatically enough for you to care, but when it does\u00a0Power Market Analysis (PMA)is there for you. April 1st, 2014&#8217;s daily file shows the changing commodity prices resulted in an increase of 1.3% \u00a0for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,3,6],"tags":[32,40,262,252,369],"class_list":["post-1043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insights","category-natural-gas","category-power","tag-coal","tag-demand","tag-gas-price","tag-pma","tag-power"],"_links":{"self":[{"href":"https:\/\/allenergyconsulting.com\/blog\/wp-json\/wp\/v2\/posts\/1043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/allenergyconsulting.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/allenergyconsulting.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/allenergyconsulting.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/allenergyconsulting.com\/blog\/wp-json\/wp\/v2\/comments?post=1043"}],"version-history":[{"count":3,"href":"https:\/\/allenergyconsulting.com\/blog\/wp-json\/wp\/v2\/posts\/1043\/revisions"}],"predecessor-version":[{"id":1052,"href":"https:\/\/allenergyconsulting.com\/blog\/wp-json\/wp\/v2\/posts\/1043\/revisions\/1052"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/allenergyconsulting.com\/blog\/wp-json\/wp\/v2\/media\/14"}],"wp:attachment":[{"href":"https:\/\/allenergyconsulting.com\/blog\/wp-json\/wp\/v2\/media?parent=1043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/allenergyconsulting.com\/blog\/wp-json\/wp\/v2\/categories?post=1043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/allenergyconsulting.com\/blog\/wp-json\/wp\/v2\/tags?post=1043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}