Not Logged In Log In   Sign Up   Points Leaders
Follow Us    1:23 AM

GasBuddy News Article

58
votes
U.S. June natural-gas demand jumps, says EIA

Market Watch -- U.S. demand for natural gas continued its surge, increasing by 12.2% in June from a year earlier, led by the U.S. power sector as electricity generators raised gas use by 25.4%, government data show.

Gas consumption in June of 1.85 trillion cubic feet was the highest ever for the month, according to EIA data beginning in 2001.

Gas demand from the power sector has risen year-over-year each month since October as natural gas has proved cheaper than coal amid a surge in gas supplies.

"Deliveries of natural gas to the electric power sector of 884 Bcf led the strong consumption trend, again reflecting continued displacement of coal with natural gas," the EIA said.

Much hotter-than-normal temperatures in June across the U.S. created a surge in gas demand from utilities as consumers


Read the Full Article

Submitted Sep 03, 2012 By: skb69sa
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: U.S. June natural-gas demand jumps, says EIA Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
sparky808
Champion Author Honolulu

Posts:4,996
Points:1,036,820
Joined:Sep 2011
Message Posted: Sep 4, 2012 5:35:35 PM

Thank you for posting.
Profile Pic
Gas_Eyes
Champion Author Dallas

Posts:2,857
Points:681,310
Joined:Mar 2011
Message Posted: Sep 4, 2012 6:49:46 AM

This is a good trend. Natural gas price is too low to sustain the industry.
Profile Pic
rahcat
Champion Author Grand Rapids

Posts:4,865
Points:1,121,275
Joined:Jan 2010
Message Posted: Sep 3, 2012 10:07:46 PM

More demand.....higher prices.
Profile Pic
bcok
Champion Author Los Angeles

Posts:3,077
Points:1,837,570
Joined:Oct 2005
Message Posted: Sep 3, 2012 10:07:13 PM

ok
Profile Pic
Toppers
Champion Author Atlanta

Posts:11,135
Points:2,926,575
Joined:Mar 2005
Message Posted: Sep 3, 2012 10:02:19 PM

Will continue to grow
Profile Pic
paulydel
Champion Author Delaware

Posts:10,861
Points:1,116,245
Joined:Jan 2008
Message Posted: Sep 3, 2012 9:56:50 PM

Yes let me throw a load of coal in the trunk to shovel into my steam engine car.
Profile Pic
us4usa
Champion Author Missouri

Posts:7,080
Points:1,435,920
Joined:May 2008
Message Posted: Sep 3, 2012 9:56:20 PM

We heat with NG or wood...
Profile Pic
clermont40miles
Champion Author Cincinnati

Posts:13,375
Points:2,227,870
Joined:Apr 2008
Message Posted: Sep 3, 2012 9:54:15 PM

Shutting down plentiful clean coal for natural gas - no wonder demand has jumped.

Use both plentiful resources.

Coal miners will be employed by exports. It will be used. Other nations will burn it much dirtier than in the USA.

Greenies care not a whit about the environment. They have a political agenda. You are not invited for dinner. You ARE dinner.

Let the greenies walk. Let them freeze. Let them go broke. Let them go first.

Green is red.

.
Profile Pic
Night Owl
Champion Author Toronto

Posts:9,640
Points:2,239,700
Joined:Jul 2004
Message Posted: Sep 3, 2012 9:52:07 PM

Let's use America's and Canada's abundant supplies of natural gas.
Profile Pic
GigHarborHound
Champion Author Tacoma

Posts:4,033
Points:785,610
Joined:Sep 2011
Message Posted: Sep 3, 2012 9:52:03 PM

up, down, up, down,........
Profile Pic
Sody33
Champion Author Las Vegas

Posts:18,280
Points:2,070,235
Joined:Oct 2005
Message Posted: Sep 3, 2012 9:50:37 PM

It is less of a pollutant than gasoline. I rest my case.
Profile Pic
us4usa
Champion Author Missouri

Posts:7,080
Points:1,435,920
Joined:May 2008
Message Posted: Sep 3, 2012 9:49:16 PM

UP AND DOWN WE GO...
Profile Pic
genie_racing
Champion Author Colorado

Posts:11,114
Points:1,237,080
Joined:Jul 2006
Message Posted: Sep 3, 2012 9:48:36 PM

If you think this is "good" news, you just wait until you try to heat your home this winter.

What was the line, "You can pay me now, or you can pay me later."
Profile Pic
bonzoonfmb
Champion Author Florida

Posts:2,540
Points:888,110
Joined:Feb 2010
Message Posted: Sep 3, 2012 9:48:08 PM

The more use and demand there is for natural gas the higher the price will be.
Profile Pic
FlyNFool
Champion Author South Carolina

Posts:10,321
Points:2,138,520
Joined:Aug 2008
Message Posted: Sep 3, 2012 9:36:07 PM

In the summer?
Profile Pic
abcdMA
Champion Author Worcester

Posts:10,053
Points:2,024,765
Joined:Nov 2008
Message Posted: Sep 3, 2012 9:35:41 PM

we need to use more natural gas
Profile Pic
mdskier
Champion Author Sacramento

Posts:11,110
Points:2,000,000
Joined:Aug 2005
Message Posted: Sep 3, 2012 9:34:38 PM

Of course, when oil is up & natural gas is way way down in price.
This ain't rocket science.
Profile Pic
mstearno
Champion Author Dayton

Posts:9,412
Points:2,117,090
Joined:Jan 2008
Message Posted: Sep 3, 2012 9:34:12 PM

GOOD FOR US
Profile Pic
bevmill
Champion Author Georgia

Posts:4,640
Points:1,052,060
Joined:Apr 2006
Message Posted: Sep 3, 2012 9:31:30 PM

ok
Profile Pic
Lucky0ne
Champion Author Illinois

Posts:3,488
Points:753,575
Joined:Mar 2012
Message Posted: Sep 3, 2012 9:26:42 PM

You are correct Scotee
Profile Pic
gsayeg1
Champion Author Milwaukee

Posts:1,500
Points:217,365
Joined:Jun 2008
Message Posted: Sep 3, 2012 9:26:28 PM

hope it goes more
Profile Pic
ScottE
Champion Author Orange County

Posts:4,544
Points:2,518,625
Joined:May 2002
Message Posted: Sep 3, 2012 9:26:02 PM

Big woopEE . We should have been using Nat. gas along with gas years ago!
Profile Pic
carpenter4u
Champion Author Virginia

Posts:3,434
Points:1,011,890
Joined:Jul 2011
Message Posted: Sep 3, 2012 9:25:38 PM

NG needs to be made more accessible
Profile Pic
fredtheturd
Sophomore Author Kansas

Posts:201
Points:445,825
Joined:May 2011
Message Posted: Sep 3, 2012 9:24:57 PM

I'm glad they found a use for all that extra gas! Now my winter bill will be back up to normal :-(
Profile Pic
markiesm
Rookie Author Fort Worth

Posts:82
Points:665,505
Joined:Nov 2008
Message Posted: Sep 3, 2012 9:17:06 PM

cool
Profile Pic
WIPACKERFAN
Champion Author Chicago

Posts:10,969
Points:2,300,005
Joined:Aug 2005
Message Posted: Sep 3, 2012 9:15:28 PM

OK
Profile Pic
btcscoc1
All-Star Author Los Angeles

Posts:930
Points:229,635
Joined:Aug 2012
Message Posted: Sep 3, 2012 9:11:24 PM

ok
Profile Pic
sydb7
Champion Author Atlanta

Posts:5,071
Points:2,310,470
Joined:Mar 2003
Message Posted: Sep 3, 2012 9:09:42 PM

My fuel bill is still high!!
Profile Pic
TFowler513
Champion Author Memphis

Posts:3,824
Points:1,812,135
Joined:Mar 2008
Message Posted: Sep 3, 2012 9:08:08 PM

As the demand increases, so does the price.
Profile Pic
blazerbob91
Champion Author Milwaukee

Posts:7,070
Points:2,310,865
Joined:Aug 2005
Message Posted: Sep 3, 2012 9:05:12 PM

Quick raise prices
Profile Pic
mrbee
Champion Author Little Rock

Posts:5,940
Points:2,923,075
Joined:Oct 2005
Message Posted: Sep 3, 2012 9:04:50 PM

Good.
Profile Pic
mcmonsta
Champion Author Honolulu

Posts:5,191
Points:1,267,105
Joined:Sep 2009
Message Posted: Sep 3, 2012 9:04:10 PM

cheap natural gas equals cheaper energy....or it should
Profile Pic
radiorumor
Champion Author Texas

Posts:4,898
Points:1,207,410
Joined:Feb 2011
Message Posted: Sep 3, 2012 9:03:25 PM

We need to be using NG to go down the road
Profile Pic
lesabreAZ
Champion Author Phoenix

Posts:3,818
Points:862,070
Joined:Nov 2011
Message Posted: Sep 3, 2012 9:02:59 PM

thank god it's cheap
Profile Pic
joeschmo12
Champion Author New York

Posts:1,387
Points:382,380
Joined:Mar 2012
Message Posted: Sep 3, 2012 9:01:06 PM

hm
Profile Pic
Wanda127
Champion Author Florida

Posts:4,545
Points:1,368,160
Joined:May 2010
Message Posted: Sep 3, 2012 8:57:11 PM

Good
Profile Pic
granitestater
Champion Author New Hampshire

Posts:11,379
Points:1,878,230
Joined:Oct 2008
Message Posted: Sep 3, 2012 8:56:48 PM

Frack, baby, frack!
Profile Pic
drz614
Champion Author Harrisburg

Posts:4,489
Points:1,056,390
Joined:Aug 2011
Message Posted: Sep 3, 2012 8:56:33 PM

already starting to get consumer ready 4 price hikes.
Profile Pic
itzagasgasgas1
Champion Author Cincinnati

Posts:6,129
Points:2,051,835
Joined:Aug 2005
Message Posted: Sep 3, 2012 8:55:43 PM

good
Profile Pic
Costello
Champion Author South Dakota

Posts:2,680
Points:1,581,400
Joined:Jan 2007
Message Posted: Sep 3, 2012 8:55:08 PM

OK
Profile Pic
papa56NC
All-Star Author North Carolina

Posts:725
Points:142,760
Joined:Apr 2012
Message Posted: Sep 3, 2012 8:54:08 PM

OK
Profile Pic
ratboy1968
Champion Author Montreal

Posts:4,784
Points:1,006,675
Joined:Oct 2011
Message Posted: Sep 3, 2012 8:50:25 PM

OK
Profile Pic
AKmailman
Champion Author Alaska

Posts:7,819
Points:2,011,320
Joined:Jul 2004
Message Posted: Sep 3, 2012 8:48:48 PM

and this affects me and my vehicle how ?
Profile Pic
SparkieMi
Champion Author Kalamazoo

Posts:5,312
Points:1,029,325
Joined:Sep 2011
Message Posted: Sep 3, 2012 8:45:55 PM

Interesting....
Profile Pic
libertyut
Champion Author Utah

Posts:1,382
Points:299,265
Joined:Mar 2012
Message Posted: Sep 3, 2012 8:37:56 PM

Well we can look forward to higher heat bill for our home.
Profile Pic
harleyhusker
All-Star Author South Dakota

Posts:871
Points:1,093,330
Joined:Dec 2005
Message Posted: Sep 3, 2012 8:36:46 PM

got gas?
Profile Pic
LanguageMan1
Champion Author Tampa

Posts:15,343
Points:2,119,890
Joined:Apr 2008
Message Posted: Sep 3, 2012 8:35:31 PM

I for one did not expect the price or demand for NG to be down much longer a few months back, and voiced that to many and on many posts out here. Once again, the prices for oil and gas when they're down, will not be down forever. We're on an upward trend and we'll stay there. Hopefully, they will NOT do any release from the SPR for oil, we'll be needing it once the price of gas is over $5 and $6 a gallon in the months down the road from now. Just watch and you'll see I'm right on this one as well. Probably not for at least six to 14 months before we see those prices though, but it won't be fun when they're here. Quite frankly though, they're already here at a few location in the country, especially Alaska.

Hope you ALL had a great Labor Day weekend and that you have an equally great week ahead. I couldn't get to many pages/whiteboards this year to wish everyone the best. Maybe next time or next year.
Profile Pic
pgerassi
Champion Author Milwaukee

Posts:13,083
Points:2,589,340
Joined:Apr 2007
Message Posted: Sep 3, 2012 8:35:26 PM

OK
Profile Pic
gumbyrex
Champion Author Fresno

Posts:5,448
Points:1,216,430
Joined:Mar 2011
Message Posted: Sep 3, 2012 8:35:12 PM

It's about time. Keep the curve going up...
Profile Pic
CAD69
Champion Author Milwaukee

Posts:5,128
Points:1,278,995
Joined:Nov 2010
Message Posted: Sep 3, 2012 8:34:31 PM

We need more CNG cars!
Post a reply Back to Topics