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Welcome to the ECNG MarketWatch
July 22, 2009
| Natural Gas |
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Aeco (Cdn$/GJ)
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Nymex(U.S.$/mmbtu)
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July 21
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July 15
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Change
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July 21
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July 15
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Change
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|
Aug09-Oct09
|
$3.26
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$2.87
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13.7%
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$3.87
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$3.46
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11.8%
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| Nov09-Oct10 |
$5.11
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$4.83
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5.8%
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$5.61
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$5.31
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5.6%
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| Nov10-Oct11 |
$6.13
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$5.99
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2.4%
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$6.55
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$6.37
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2.8%
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| Nymex Prompt Prices |
July 21
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July 15
|
Change
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|
Natural Gas (U.S. $ per mmbtu)
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$3.705
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$3.28
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13.0%
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Crude Oil WTI (U.S. $ per barrel)
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$64.72
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$61.54
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5.2%
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| Currency |
July 21
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July 15
|
Change
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| USD/CAD |
$0.902
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$0.8974
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0.5%
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The Energy Information Administration (EIA) reported that US working gas in storage rose by 90 Bcf for the week ending July 10, 2009. The report fell slightly below expectations of 91 Bcf, and reduced the year/year surplus to 589 Bcf (26%) and the year over five-year average surplus to 454 Bcf (19%). Storage is now at 2,886 Bcf, the highest level on record for this point in the year.......The full Market Watch is available to ECNG Customers to contact one of our specialists, call 1-888-989-1501 or email info@ecng.com
www.ecng.com
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| Ontario Electricity |
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| Average ON PEAK Price for July: |
2.5 cents / kWh |
| ON PEAK Hours over 7.0 cents: |
0.0% in July |
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5.9% year to date |
| Highest price in the past week: |
5.1 cents / kWh on July 18th |
The major banks in Canada and elsewhere have their own economic forecasts as to how long the recession will last and what signs of recovery to watch for. The TD Bank recently published (July 16) their “Provincial Economic Forecast”......The full Market Watch is available to ECNG Customers to contact one of our specialists, call 1-888-989-1501 or email info@ecng.com
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