Archive for category: General Information

Since the first of the month natural gas prices have been on the increase.  Southern Star Central daily index posted price for June 8th was $2.135 per MMBtu, up twenty-three cents from the posted price of $1.905 on June 1st.  Enable Gas Transmission daily index is also on the rise as prices are up 17.5 cents since the first of the month.

Why are we seeing a jump in prices?

Even though natural gas storage levels remain elevated, the supply glut is slowing compared to analysts’ expectations. The first week of April, inventories were 63% above the 5-year average.  The first week of June that surplus shrank to 35% above the 5-year average.

US natural gas production is declining and is expected to fall about 1 Bcf/d day-on-day according to Bentek.  Natural gas rig count fell by five for the week ending June 3rd.  The rig count has dropped 63 percent year-over-year.

Forecasters are predicting a very warm summer, which will increase natural gas fired electric generation.  NOAA is projecting a 70% chance for LA Nina to hit by fall, meaning a much cooler winter season.

A tighter supply-demand balance can provide a boost to prompt month prices as they continue to hover at a sustained level not seen since the end of January.  Experts in the industry are projecting gas prices could reach the $3.00 mark by year end.

KMEA is currently looking to fill the Manager of Member Services position.
This position is responsible for managing the member services and communications aspects of the business of the Agency, one of the most important elements of our Agency.
Click HERE for more information.

KMEA and KMGA Board of Directors meetings were held on Wednesday, May 4^th in Wichita, KS in

conjunction with KMU Conference.  There were 22 KMGA Cities represented during the KMGA Board meeting and 39 KMEA Cities during the KMEA Board meeting.

The preliminary 2017 Budget was reviewed for both KMEA and KMGA.

New elections were made for the officers and at- large positions for both KMGA and KMEA Executive Committees.

J.R. Hatfield from the City of Halstead was nominated KMGA President, Randy Frazer from the City of Moundridge was nominated KMGA Vice President, and Laura Hill from Kechi was nominated KMGA Secretary/Treasurer. Gary Emry from the City of Hesston and Gus Collins from the City of Winfield were nominated for the at-large positions on the KMGA Executive Committee.

Duane Banks from the City of Russell was nominated KMEA President, Mike Muirhead from the City of Garden City was nominated KMEA Vice President, and Bob Mills from the City of Garnett was nominated KMEA Secretary/Treasurer. Dennis Tharp from the City of Ottawa, Ira Harrison from the City of Holton and Jonathan Mitchell from the City of Hoisington were nominated for the at-large positions on the KMEA Executive Committee.

Bob Mills from the City of Garnett was nominated as KMEA Representative on the Joint Board.

We appreciate KMEA and KMGA Board of Directors for attending the meeting and serving on the Board and also all of the officers and at-large members of the Executive Committees for their time and dedication.

Last Wednesday, April 20^th KMEA staff traveled to McPherson, Kansas. The City is centrally located and makes a great meeting
point for our members. The meetings were held at the McPherson Board of Public Utilities building.

The day started with a Finance Committee Meeting followed by KMEA and KMGA Executive Committee meetings. In all of three meetings Chester
Moye, auditor from RubinBrown, reviewed the Audit Report for the year of 2015. The Committees also reviewed and recommended several items that will be presented to the KMEA and KMGA Full Board of Directors for approval. The next Board of Directors meeting will be on May 4^th in Wichita, Kansas during the KMU Annual Conference.

We appreciate McPherson BPU for its hospitality and kindness in allowing KMEA to hold meetings in its beautiful facility.