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Winter Heating Fuels Update For: Congressional Briefings – EIA

EIA · Oct 20, 2014 · 12 slides

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Slides

  1. Winter Heating Fuels Update For: Congressional Briefings – EIA – slide 1
    Winter Heating Fuels Update For: Congressional Briefings October 20, 2014 Washington, DC By U.S. Energy Information Administration U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov
  2. Winter Heating Fuels Update For: Congressional Briefings – EIA – slide 2
    Overview of winter heating fuel stocks Natural gas stocks are at 3.3 trillion cubic feet (Tcf), 0.33 Tcf below last year, and 0.36 Tcf below the five-year average. Production remains robust and storage injections have been very…
  3. Winter Heating Fuels Update For: Congressional Briefings – EIA – slide 3
    Winter 2013-14 compared with winter 2014-15 NOAAs central forecast is for 12% lower winter heating degree days. Natural gas stocks are lower this winter, but production levels are elevated. We anticipate continued congestion in…
  4. Winter Heating Fuels Update For: Congressional Briefings – EIA – slide 4
    Current forward natural gas prices in Boston, and to a lesser extent New York, indicate the likelihood of constraints again this winter Forward natural gas prices for winter months 2014-15 in selected markets as of early October U.S.…
  5. Winter Heating Fuels Update For: Congressional Briefings – EIA – slide 5
    Natural gas stocks are currently below the five-year average and five-year minimum, but have been climbing steadily billion cubic feet 4,500 history forecast 4,000 3,500 3,000 2,500 2,000 10% warmer Base case 1,500 1,000 10%…
  6. Winter Heating Fuels Update For: Congressional Briefings – EIA – slide 6
    PADD 2 (Midwest) propane inventories are currently above the five-year average PADD 2 propane* inventories million barrels 35 Typical corn harvest dates (Sept 20 Nov 10) 30 28.1 (10/10/14) inventory level 25 20 15 27.3 10…
  7. Winter Heating Fuels Update For: Congressional Briefings – EIA – slide 7
    Current propane inventories for key individual states Source: EIA Weekly Petroleum Status Report Winter Heating Fuels Update October 20, 2014 Washington, DC 7
  8. Winter Heating Fuels Update For: Congressional Briefings – EIA – slide 8
    Current propane inventories for key individual states Source: EIA Weekly Petroleum Status Report Winter Heating Fuels Update October 20, 2014 Washington, DC 8
  9. Winter Heating Fuels Update For: Congressional Briefings – EIA – slide 9
    Distillate inventories in key regions PADD 1A - New England PADD 1B Mid-Atlantic thousand barrels thousand barrels 12,000 40,000 5-year average 5-year average 10,000 35,000 30,000 8,000 25,000 2014 stock level 6,000 20,000 2014…
  10. Winter Heating Fuels Update For: Congressional Briefings – EIA – slide 10
    Coal stocks at electric utilities are at the bottom of the multi- year range U.S. coal stocks million short tons 250 forecast 2014 stocks 225 2006-2013 range 200 175 150 125 100 75 50 25 0 2006 2007 2008 2009 2010 2011…
  11. Winter Heating Fuels Update For: Congressional Briefings – EIA – slide 11
    EIA actions to improve winter fuels information More Detailed Weekly Propane Stock Data In addition to weekly PADD- level propane stocks, EIA will publish figures for Kansas (Conway hub), Michigan, Minnesota and Wisconsin, and a…
  12. Winter Heating Fuels Update For: Congressional Briefings – EIA – slide 12
    For more information U.S. Energy Information Administration home page www.eia.gov Short-Term Energy Outlook www.eia.gov/steo Annual Energy Outlook www.eia.gov/aeo International Energy Outlook www.eia.gov/ieo Monthly Energy Review…

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