Energy Information Administration report

Below is information from a Sept. 11 Energy Information Administration report. The report covers Sept. 3 to 10.


The report can be found at, http://www.eia.doe.gov/oil_gas/natural_gas/info_glance/natural_gas.html

Natural gas spot prices increased at most market locations in the Lower 48 States this report week (Wednesday–Wednesday, September 3-10) when Hurricane Ike moved closer to the U.S.

Mandatory evacuation orders in some areas were issued. In Louisiana, mandatory evacuation orders led to the shutdown of at least two processing plants, with a total of 700 million cubic feet (MMcf) per day of processing capacity.

According to the report, prices decreased in the Northeast with mild temperatures. The administration says in the report that the availability of natural gas in storage in the eastern part of the United States stands at 6.3 percent, above the 5-year average. The administrations says that the storage capacity indicates strong supply conditions.


On a separate note, the Wyoming County Landowners Group is holding a signing Wednesday through Friday at Shadowbrook Inn & Resort. Apparently, the signing will be for people who live in the western part of the county.

Another side note: www.pagaslease.com reports leases have been signed at as much as, $4,000. This is the link: http://www.pagaslease.com/lease_tracking_2.php