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Chesapeake Energy Corporation Message Board

  • wallpack123 wallpack123 Apr 18, 2014 7:10 AM Flag

    gar, somebody who agrees with your numbers

    Those in the physical side of the NG business remain concerned over the low pace of injections. A Michigan marketer said storage was "the biggest wild card in our business right now. The longer it gets delayed, the months of August, September and October are going to get bid up, and you will see the pipelines full. You better hope it doesn't get cold. This storage report has got me on edge. The builds people are talking about are way short of the 100-plus Bcf weekly that is going to be needed. It's very frustrating." Less

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    • This is great news but this article was published in the Fuel Fix on February 24, 2013

    • Wall.. You can add to the increased usage for electric generation to your numbers..Many coal plants have gone off line in the past few years and many gas plants have taken their place..Just the other day on the news there was one in our area shutting down... North Carolina decided 2 years ago to switch ... I posted the other day the percentage is high. .All that said if we get a hot summer especially in the South they will never fill the storage and it could actually get critical ..That would send prices skyrocketing and companies running to drill like mad men...Gas could temporarily go 10.00 or better....

 
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