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54 comments on Some tanker arithmetic relating to LNG supply

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Freddy Hutter on January 26, 2006 - 2:24pm

LNG supplies to the usa are a concern for 2008 & 2009 condidering rising demand and limited domestic supply. LNG imports were 0.65-bcf in 2004 and likely the same in 2005 due to disruptions. In 2006, we expect 0.95-bcf and 1.2-bcf in 2007.

2006 & 2007 is of little concern as i see it. As of Friday, working nat'l gas in the usa was 8.3% higher than last yr and 21.7% above the 5 yr avg. The world is unfolding as it should and prices should drop further as this becomes common knowledge.

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Dave Cohen on January 26, 2006 - 5:45pm

Ah, Freddy.

Are you just one of those guys who is always cheerful?

By the way, could you provide a source when you cite these numbers? I always like to see the source. Thanks in advance.

And, have a great day!

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Johnny on January 26, 2006 - 11:30pm

Jan. 26 (Bloomberg) -- Natural gas dropped to the lowest in almost half a year as mild winter weather leaves supplies fuller than normal.

U.S. stockpiles fell by 81 billion cubic feet last week, a much smaller drop than is typical in the middle of winter, the Energy Department said today. The decline left stocks at 2.494 trillion cubic feet, or 22 percent above the five-year average.

``There's plenty of gas in storage,'' said Ed Kennedy, an energy trader at Commercial Brokerage Corp. in Miami. ``Every day in January has been above normal,'' he said, referring to the warm weather that's spread over much of the northern tier of the country.

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Freddy Hutter on January 27, 2006 - 1:55pm

These are my own tracking figures based on analysis of the weekly oil and gas reports issued by EIA. In crisis times, we post them weekly to our website; otherwise we issue a monthly report of usa stocks. http://trendlines.ca/economic.htm

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