Canadian Natural Gas

Canadian Crude Oil

CGPR Monthly Index Mar08 ($/GJ)

8.1794

Spot Gas for Apr08 ($/GJ) (2008-04-18)
Change from last week ($/GJ)

9.23
0.52

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

755
119.97

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

9.31
0.52

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

741
117.74

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

9.01
0.49

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

615
97.72

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

10.00
0.55

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

621
98.68

NGTL Storage Withdrawal Mar08 MTD (Bcf)

16

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

96
-16
-2

Alberta Electricity

WECC – NWPP Electricity

System Marginal Price (1200) ($/MWh)

179.95

Mid C Apr08 (US$/MWh)

90.50

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 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)

107.63

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

10.587
0.686

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

116.69
6.55

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

10.81
0.74

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

113.63
6.06

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

10.47
0.71

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

109.02
5.71

EIA Storage Injection (2008-04-11)(Bcf)
EIA Total Storage (Bcf)
Change from last year (Bcf)

27
1261
-298

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

-2.4
0.1
-5.6

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

1461
10
-12

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

355
0
63

Prices were up this week with the rise in crude prices. Forecasters are calling for below normal temps West of the Rockies and above normal temps East of the Rockies.

Prices were up this week with a rebel attack on a Shell pipeline in Nigeria that shut in a small amount of production, the persistently weak dollar, rising diesel demand and supply issues.

Canadian NGLs

U.S. Propane

Propane @Edmonton ($/m3)

400.00

NYMEX May08 ($/USGal)

1.6350

Butane @Edmonton ($/m3)

520.00

Propane @ Mt. Belvieu ($/USGal)

1.6875