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Oct 13, 2015

Pricier NatGas vs Yr-Earlier to Stir Switch to Coal

Published: Apr 03, 2013

A near 50% jump in spring/summer natural-gas prices from record lows in 2012 will cause power generators to switch to coal, cutting gas use by about 2 bcf/day, Credit Suisse estimates. Prices at decade lows under $2.00/mmBtu in April 2012 helped spark a switch from coal to gas of some 8 bcf/day, and record utility gas use. Spring/summer price this year expected to average $3.73/mmBtu vs $2.535 a year earlier. (david.bird@dowjones.com)

EIA report for week ending 9-24-2015 Our prediction for week ending 10-02-2015
3440 2636
Weekly change
+106up +98upest

Commodity Prices ($)

Natural Gas4.167
Crude Oil93.64
Heating Oil2.9017
RBOB Gas2.8118