Phoenix Energy Marketing Consultants Inc homepage link  

Suite 1203
734 Seventh Avenue SW
Calgary, Alberta
Canada, T2P 3P8

info@phoenixenergymarketing.com

Phone:  +1 403-262-8065

 

Home

Weekly Industry Overview  (PDF Version)

For the week ending April 4, 2008

Editor: Trina R. MacPhee, Marketing Analyst, Advisory Services

 

Canadian Natural Gas

Canadian Crude Oil

CGPR Monthly Index Mar08 ($/GJ)

8.1794

 

 

Spot Gas for Apr08 ($/GJ) (2008-04-04)
Change from last week ($/GJ)

8.02
-0.34

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

689
109.48

Summer (May08-Oct08) ($/GJ)
Change from last week ($/GJ)

8.11
-0.55

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

679
107.89

One-Year (Nov08-Oct09) ($/GJ)
Change from last week ($/GJ)

8.05
-0.49

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

544
86.44

Winter (Nov08-Mar09) ($/GJ)
Change from last week ($/GJ)

8.82
-0.59

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

551
87.55

NGTL Storage Withdrawal Mar08 MTD (Bcf)

16

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

126
-45
0

 

 

Alberta Electricity

WECC – NWPP Electricity

System Marginal Price (1200) ($/MWh)

243.12

Mid C Apr08 (US$/MWh)

75.00

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 Apr08 Settlement (US$/MMBtu)

9.523

Calendar Average Mar08 (US$/bbl)

105.420

Exchange Rate for Mar08 ($Can/$U.S.)

1.0020

OPEC Price Basket (US$/bbl)

98.63

NYMEX May08 (US$/MMBtu)
Change from last week (US$/MMBtu)

9.322
-0.478

NYMEX May08 (US$/bbl)
Change from last week (US$/bbl)

106.23
0.61

Summer (May08-Oct08) (US$/MMBtu)
Change from last week (US$/MMBtu)

9.51
-0.48

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

103.66
0.74

One-Year (Nov08-Oct09) (US$/MMBtu)
Change from last week (US$/MMBtu)

9.41
-0.38

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

99.58
0.78

EIA Storage Injection (2008-03-28)(Bcf)
EIA Total Storage (Bcf)
Change from last year (Bcf)

-29
1248
-304

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

7.3
-1.6
-4.5

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

1458
11
20

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

362
12
79

Prices were down this week with the mild weather. Forecasters are calling for above normal temps East of the Rockies and cooler weather West of the Rockies.

Prices were up this week with the weakening dollar and government data showing a large inventory draw.

 

 

Canadian NGLs

U.S. Propane

Propane @Edmonton ($/m3)

370.00

NYMEX May08 ($/USGal)

1.5000

Butane @Edmonton ($/m3)

510.00

Propane @ Mt. Belvieu ($/USGal)

1.5346

Phoenix Courses:

Phoenix's next session of "Introduction to Canadian Crude Oil Marketing" is scheduled for April 21 & 22, 2008. Retainer Clients enjoy a 20% discount on the registration fee!

Phoenix’s next session of "Introduction to Canadian Natural Gas Marketing" is scheduled for June 10-12, 2008. Retainer Clients enjoy a 20% discount on the registration fee!

For more information, contact Dave W. Maffitt (403) 262-8065 ext. 224, info@phoenixenergymarketing.com

Sources: Morgan Stanley Dean Witter, Bank of Canada, Shell Canada, Flint Hills Resources Ltd., Canadian Enerdata, NYMEX, NGX, Baker Hughes, CIBC, Power Pool of Alberta and TransCanada Alberta System. Where appropriate, Phoenix has obtained permission to reproduce information here. Copyright remains with the original publisher.

©2002 Phoenix Energy Marketing Consultants Inc., All rights reserved

 

Home WIO