MarketWatch November 5th, 2009
ECNG Energy

Welcome to the ECNG MarketWatch

 

November 5, 2009

 

 

Natural Gas

  

 

 

US Natural gas in storage, following last week’s 25 Bcf injection, sits at 3.759 Tcf, an all-time record high for storage. While there is technically only one week left in the injection season, it will be interesting to see when storage ‘turns the corner’ and withdrawals from storage start. ......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 

 

 Pricing for November 4th, 2009

 

 

Aeco (Cdn$/GJ)

Nymex(U.S.$/mmbtu)

 

Nov 4

Oct 21

Change

Nov 4

Oct 21

Change

Dec09-Oct10

 $4.96

$5.05

5.0%

$5.25

$5.10

2.9%

Nov10-Oct11

 $5.83

$5.65

7.2%

$5.83

$6.06

-3.8%

Nov11-Oct12

 $6.18

$6.32

-2.3%

$6.20

$6.92

-10.5%

 

 

Nymex Prompt Prices

Nov 4

Oct 21

Change

Natural Gas (U.S. $ per mmbtu)

$4.725

$5.100

-7.4%

Crude Oil WTI (U.S. $ per barrel)

$80.40

$81.37

-1.2%

 

Currency

Nov 4

Oct 21

Change

USD/CAD

 $0.942

$0.958

-1.6%

 

 Most customers in Ontario have natural gas deliveries in the West (Empress) and in the East (CDA, Parkway, Dawn and EDA). While these separate contractual means to get gas to your facility result in the same physical flow of gas,.....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 

 

 

 As always, please contact your Client Service Representative for more information.

 

 www.ecng.com

 

Ontario Electricity

 
 

 

Average ON PEAK Price for Oct 3.5cents / kWh
ON PEAK Hours over 7.0 cents: 1.5% in October
  4.4% year to date
Highest price in the past 2 weeks: 14.1cents / kWh on Nov 1

 

 
The average Hourly Ontario Electricity Price (HOEP) for October finished up at just over $29.00 /MWh, a relatively low number.  The Year to Date average is very similar and the On Peak YTD average is $37.30 /MWh.


Canada’s largest solar farm is now producing power in the township of Stone Mills, near Napanee, Ontario.  The official opening on October 14 was attended by George Smitherman, Deputy Premier and Minister of Energy and Infrastructure.  The farm is called “First Light Solar Park” and has more than 126,000.....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 

 

 

As always, please contact your Client Service Representative for more information.

 

  www.ecng.com

 

 

 

 

 

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