Natural gas futures up sharply as heat wave hits Midwest and East Coast

ByRod Adams

In the past few days, spot prices for natural gas have increased by more than 20% as temperatures approaching 100 degrees affect high natural gas consumption areas like the upper midwest, Texas and the mid-Atlantic regions.

As of the close of trading today, here are the prices at some key locations:

NYMEX Henry Hub Future$8.16 per million BTU
NYMEX Henry Hub Spot$8.05 per million BTU
New York City Gate Spot$9.59 per million BTU

Source – Bloomberg. Com Energy Prices 31 July 2006

Rod Adams
Rod Adams

Rod Adams is Managing Partner of Nucleation Capital, a venture fund that invests in advanced nuclear, which provides affordable access to this clean energy sector to pronuclear and impact investors. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., which was one of the earliest advanced nuclear ventures, is an atomic energy expert with small nuclear plant operating and design experience. He has engaged in technical, strategic, political, historic and financial analysis of the nuclear industry, its technology, regulation, and policies for several decades through Atomic Insights, both as its primary blogger and as host of The Atomic Show Podcast. Please click here to subscribe to the Atomic Show RSS feed. To join Rod's pronuclear network and receive his occasional newsletter, click here.

Similar Posts

View From the Left on Atomic Energy – Atomic Show 131

ByRod Adams

David Walters, who blogs at Daily Kos and Left Atomics joined me for a discussion about the benefits that a revived nuclear power industry could bring to the working class and to aid in economic development in states like North and South Carolina. Part of the inspiration for the show was an interview with Chris…

Depleted Cranium has a Good Discussion Going About Wind Energy Limitations

ByRod Adams

I encourage you all to visit the active discussion going on at Depleted Cranium about wind energy limitations. Here is a sample: I shouldn’t complain though. I’m glad to see that wind energy is finally getting some of the criticism it deserves in the mainstream media. Just like biofuels started getting called on its various…

Team CANDU gets some support from the Mississauga Times

ByRod Adams

The July 2, 2006 issue of the Mississauga Times includes an article by Jan Dean titled Our firms Candu anything; Tops in technology: Ontario’s hunger for nuke power helps drive growth; Candu attitude drives Canada’s nuclear industry and creates jobs. The article includes a number of interesting facts about the impact of a proposal to…

PBMR project update – December 6, 2005

ByRod Adams

South Africa’s PBMR (Pty) Ltd has signed two contracts with Mitsubishi Heavy Industries of Japan. One contract – worth $10 Million US – is for the long lead time items and forgings required for the Core Barrel Assembly for the demonstration PBMR project planned for the Koeberg site in Western South Africa. The second contract…

Gotta love Atomic Insights blog readers!

ByRod Adams

A couple of days ago, I posted some musings about the amount of uranium available on the earth. One of the Atomic Insights blog readers responded with a link to an interesting paper titled “How much Uranium is in the Earth? Predictions for geo-neutrinos at KamLAND”. Okay, I will admit that the paper is a…