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Powerburn is natural gas burned for the purpose of electricity generation. During the summer months, it is the leading single component of daily natural gas demand. One of its main uses from an analytical standpoint is a metric for the competitiveness of natural gas versus other fuels. This makes powerburn less temperature-dependent than other elements of natural gas demand and it serves as a useful proxy for the looseness/tightness of the gas market.

Intraday natural gas storage is based on both forecast and observed temperatures as well as early-cycle pipeline data. Today’s projected injection or withdrawal is updated between Midnight and 1 AM and intraday storage changes are updated hourly.

Cheniere Energy’s Sabine Pass Liquefied Natural Gas(LNG) liquefaction facility is located on the Gulf Coast on the Texas/Louisiana border and became the US’ first LNG export facility in March 2016. The plant receives feedgas deliveries via Cheniere’s wholly owned Creole Trail Pipeline, an 85-mile pipeline that itself receives gas from the Transco, Natural Gas Pipeline of America (NGPL), Texas Eastern (TETCO), and Trunkline pipelines. Liquefied natural gas represents a temperature-independent source of natural gas demand that will become increasingly influential in natural gas supply/demand balance.

LNG tankers transport natural gas that has been cooled and compressed to 1/600th its original volume from Sabine Pass to markets throughout the world. Most tankers have a carrying capacity of the equivalent of 2-5 BCF of gaseous natural gas. The maps and tables below plots the positions of the active fleet of over 300 LNG tankers that have logged a position within the past 3 days.

Wind and solar generation are the two fastest growing sectors that make up the US electric grid. Together which Hydroelectric and Nuclear Generation, these non-petroleum-based energy sources provide over 30% of US electrical generation. Monitoring alternative energy generation is important for natural gas investors because large swings in output can impact gas demand. When wind, solar, nuclear or hydroelectric output increases, these sources displace natural gas demand and when they decrease, natural gas demand increases to substitute.