45 comments on TOD POLL: Where Will Natural Gas Close a Year From Now?
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In Maine, natural gas fuels something between 2/3 and 3/4 of our electricity. The biomass power, I understand, is being exported out of state - probably so people in CT can say they are buying "green", even though a chunk of that "green" power is burning trash in my backyard.
[How does that work? This KW is green, that one is coal?]
Any chance Jean, that you can clean up the labels on the axes? Esp on "weekly Nat Gas price Feb 09 contract" it's a little hard to parse.
I'm surprised, by looking at that chart, that electric rates in Maine have been going up so much of late while the fuel is more or less stable since the increase in 06. Then again, anyone that's looked at a power bill since deregulation and can figure it out might tell me otherwise. I've cut my KW use close to half and not reduced my charges much over that period.
cfm in Gray, ME
lol
Jean is in France, and probably sound asleep and completely unaware Ive posted one of his graphics!
The charts are various timeframes on the x-axis with price in dollars per mcf on the right axis.
Sorry for the different sizes and shapes - I need to find better way of putting price graphs here.
jun06, sep06, dec06 or 2006-06, 2006-09, 2006-12 would work for me; it's the jumping of units that distracts me. Maybe just me.
I'm not sure there is a lot of information in date vs price. Date is sort of a place-holder, corresponding to a much more complex world. Off hand, could you do something like "price vs %draw/reserves" or "price vs demand/supply"? How does one chart volatility? Hmmm, I have a whole DVD lecture series on that - perhaps I should do my homework and study it. Too many fish to fry. [How's that for a metaphor our children will not understand?]
cfm in Gray, ME