Tuesday, August 15, 2006

NEI Energy Markets Report (August 7th - 11th)

Here's a summary of what went on in the energy markets last week:

Electricity prices were mixed throughout the country last week. Gas prices at the Henry Hub fell $.54 to $7.42/MMBtu (see page 4).

In 2006, total U.S. natural gas consumption is projected to fall below 2005 levels by about 270 billion cubic feet (bcf), or 1.2 percent, then increase by 810 bcf, or 3.7 percent, in 2007. Electric power sector consumption of coal is projected to grow by a modest 0.7 percent in 2006, and then increase by another 1.3 percent in 2007, due to high natural gas and oil prices. Electricity consumption is expected to increase by 0.6 percent in 2006 and by 1.1 percent in 2007 (see page 8).

For the report click here (pdf). It is also located on NEI's Nuclear Statistics webpage.

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