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Rick Margolin, Senior Analyst, Natural Gas
January 23, 2015
Data from Genscape companies indicate that another LNG cargo is headed towards the New England gas market. With the demand forecast to rise early next week, the arrival is likely to keep Algonquin Citygate basis prices in check, as it has done throughout peak demand periods this winter. Genscape'...
Dylan White & Rachel Benge, Oil Storage Analysts
January 23, 2015
Oil-related infrastructure is expanding in Texas, the leading crude production state, but many investors have pumped the brakes on storage construction projects in the face of dropping crude prices. Construction could be slowing in some Texas regions and not others based on the grade of crude...
Lee Williams, Data Integrity Analyst & Amanda Dirkes, Analyst, Refining & Processing
January 22, 2015
Fires at facilities in the East Coast and Mid-Continent decreased refinery utilization last week. Affected refineries included Philadelphia Energy Solutions refinery, the largest in the East Coast. The following is a recap of refinery utilization and operational statuses affecting the markets in those...
Simon Toyne, Senior Director, Maritime
January 21, 2015
With a global excess of crude oil, traditional storage dynamics have been changing and providing incentive for some of the world's largest oil traders to utilize floating storage and recent events suggest that floating storage play will continue for some time. As predicted, Genscape is seeing more...
Amanda Townsley, Consultant, Petrochemicals & NGLs
January 20, 2015
Over the first two weeks of January, the January-February ethane spread widened from 50 points to a penny backward, bringing the prompt spread to the widest level of backwardation in a year. With cracker economics preferring heavier feedstock over ethane, the backwardation may have come as a surprise....
Lee Williams, Analyst, Data Integrity
January 16, 2015
The primary processing utilization rate for refineries in the Mid Continent and Gulf Coast further decreased this past week as both regions saw multiple shutdowns. The following is a recap of refinery utilization and operational statuses affecting the markets in those regions and the East Coast. East...
Ross Fessenden, Power Market Analyst
January 14, 2015
Since the start of the New Year, California's demand for electricity has been light due to mild and above-average temperatures. With low load conditions and more solar generation in place than ever, Genscape has seen that solar generation is now supplying a larger percentage of mid-day...
Erik Fabry, Natural Gas Analyst
January 14, 2015
NET Mexico Pipeline began receiving gas from Natural Gas Pipeline Company of America (NGPL) on January 13, pushing total receipts from interstate pipelines to 308 MMcf/d. Flows from NGPL started at 101 MMcf/d on Tuesday, while receiving 207 MMcf/d from Tennessee Gas Pipeline (TGP). Receipts from TGP...
Bridget Hunsucker, Senior Editor
January 13, 2015
Following two months without arrivals, there have been four crude trains monitored unloading so far this month at EOG’s Stroud terminal, near Cushing, OK, where market participants are increasingly storing barrels to benefit from West Texas Intermediate’s (WTI) contango price structure...
Jefferson Rhoads, MISO Power Market Analyst
January 12, 2015
Last week, strong load in PJM was caused by below average temperatures and robust heating load, which amplified flows from Michigan to PJM. The stronger heating load in this region resulted in real-time congestion on the Monroe to Bayshore 345kV line, driving price volatility. Using Genscape's...

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