Storage, Production and Low Demand Keeping Natural Gas Prices in Check!

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The NYMEX winter strip (Dec 2019-Mar 2020) dropped 16 cents over the trading dates of November 18th & 19th.  The average price for the winter strip on 11/19/19 posted at $2.513/MMBtu.  One year ago, the winter NYMEX strip averaged $4.351/MMBtu.

Daily index prices also fell during the past several trading periods.  Mid-continent daily index prices averaged $1.66/MMBtu.  NGPL traded for $0.62/MMBtu on 11/20/19.  The average daily index price for the mid-continent on November 20,  2018 was $4.298/MMBtu.

Drivers for seeing lower winter prices include storage inventory levels, record production and falling demand.  Going into the storage withdraw season (November 1st), storage levels were at a 15% surplus to year-ago levels.  Natural gas production continues to hit new highs.  Per Platts, total dry gas production has averaged 92.2 Bcf/d in November so far, up 5.4 Bcf compared to the levels observed during the same time last year.  Demand has also dropped off, largely driven by declines in gas usage for power generation.  With weather being mild across most of the U.S., demand for heat load has not yet played a factor in pricing.

City of Norton Accepting Application for Electric Lineperson

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The City of Norton is accepting applications for the position of Electric Lineperson. Performs skilled and semi-skilled work in the construction, maintenance and repair of electric distribution system with ability to perform heavy manual labor and operate motorized equipment. Performs the more complex…

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City of Morrill Presented with Membership Plaque

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The City of Morrill was presented with their KMEA membership plaque earlier this year.  Morrill is a North Central Kansas community who is looking towards KMEA to help guide them through future decisions related to their electric utility.  Welcome to the City of Morrill!

2019 KMEA/KMGA Annual Awards

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KMEA Agency Explainer!

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Public Power Week October 6-12, 2019

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Public power utilities across the U.S. celebrate Public Power Week the first full week of October every year to help customers and stakeholders understand how they can better engage with their community-owned utility and benefit from all its offering.

Sample News Release

Click here for additional resources from the American Public Power Association!

We Are #CommunityPowered

 

Public Natural Gas Week: October 6-12, 2019

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Public Natural Gas Week is a nationwide observance that offers the perfect opportunity for you to showcase your public natural gas system and generate enthusiasm about the benefits of public natural gas. This year, Public Natural Gas Week will be celebrated October 6-12, 2019.

We hope that all KMGA member utilities join us in this nationwide observance to honor the work and importance of locally-owned public natural gas systems. The American Public Gas Association is available to help you plan and promote your system’s Public Natural Gas Week celebrations.

Many APGA members do a wonderful job preparing full-fledged promotional events and campaigns each year, however for those of you who could use some additional ideas, we encourage you to download sample materials that include a stock press release, op-ed, design templates and suggestions for events to celebrate the week in your community. We hope you find these materials helpful and that together we make 2019 Public Natural Gas Week one of the best yet! Click Here to find APGA Documents to Support your Celebration of Public Natural Gas Week!