Canadian Natural Gas

Canadian Crude Oil

CGPR Monthly Index Dec07 ($/GJ)

6.1341

Spot Gas for Jan08 ($/GJ) (2008-01-11)
Change from last week ($/GJ)

7.04
0.49

Light Sweet Crude @Edmonton ($/m3)
Light Sweet Crude @Edmonton ($/bbl)

601
95.50

Winter (Feb08-Mar08) ($/GJ)
Change from last week ($/GJ)

7.04
0.38

Condensate @Edmonton ($/m3)
Condensate @Edmonton ($/bbl)

592
94.07

One-Year (Feb08-Oct08) ($/GJ)
Change from last week ($/GJ)

7.13
0.43

LLB @Hardisty ($/m3)
LLB @Hardisty ($/bbl)

447
71.03

Summer (Apr08-Oct08) ($/GJ)
Change from last week ($/GJ)

7.09
0.38

Bow @Hardisty ($/m3)
Bow @Hardisty ($/bbl)

455
72.30

NGTL Storage Withdrawal Jan08 MTD (Bcf)

12

Canadian Rotary Rig Count
Change from last week
Change from last year

515
196
-71

Alberta Electricity

WECC – NWPP Electricity

System Marginal Price (1200) ($/MWh)

97.33

Mid C Jan08 (US$/MWh)

68.50

Forecast Day Ahead Price (1800) ($/MWh)

N/A

Mid C Wtd. Ave. Index (US$/MWh)

N/A

U.S. Natural Gas

U.S. Crude Oil

NYMEX Jan08 Settlement (US$/MMBtu)

7.081

Calendar Average Dec07 (US$/bbl)

91.743

Exchange Rate for Dec07 ($Can/$U.S.)

1.0031

OPEC Price Basket (US$/bbl)

90.01

NYMEX Feb08 (US$/MMBtu)
Change from last week (US$/MMBtu)

8.21
0.369

NYMEX Feb08 (US$/bbl)
Change from last week (US$/bbl)

92.69
-5.22

Winter (Feb08-Mar08) (US$/MMBtu)
Change from last week (US$/MMBtu)

8.19
0.36

2008 (US$/bbl)
Change from last week (US$/bbl)

90.17
-5.13

One-Year (Feb08-Oct08) (US$/MMBtu)
Change from last week (US$/MMBtu)

8.27
0.34

2009 (US$/bbl)
Change from last week (US$/bbl)

86.79
-4.50

EIA Storage Injection (2008-01-04)(Bcf)
EIA Total Storage (Bcf)
Change from last year (Bcf)

-171
2750
-282

EIA Crude Stock Change (million bbl)
EIA Distillate Stock Change (million bbl)
EIA Gasoline Stock Change (million bbl)

-6.7
1.5
5.2

Gas-Directed Rotary Rig Count
Change from last week
Change from last year

1409
-41
-35

Oil-Directed Rotary Rig Count
Change from last week
Change from last year

327
11
58

Prices were up this week with the larger than anticipated storage draw. Forecasters are calling for cold weather for most of the country.

Prices were down this week with the milder weather, larger than expected inventory draws and fears of a global slowdown.

Canadian NGLs

U.S. Propane

Propane @Edmonton ($/m3)

380.00

NYMEX Feb08 ($/USGal)

1.4800

Butane @Edmonton ($/m3)

535.00

Propane @ Mt. Belvieu ($/USGal)

1.5821