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Permalink Reply by kittycatmama on October 30, 2012 at 7:17

Glad you started this thread. I was getting ready to start one. One one hand, with so much devastation from the storm, you will have reduced nat gas consumption; on the other hand there will be lots of new construction going on for commercial and residential and they will probably utilize nat gas. Opinions??

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Permalink Reply by Parkdota on October 30, 2012 at 15:15

Sandy is similar to last years Irene in terms of power lost. Last year at the end of August 8.38 million residences or businesses lost power compared to Sandy causing a loss for 8.2 million. Total estimated lost natgas usage for Irene was 2.8 bcf. Everything I'm reading says the refineries and power plants are fine just going to take time to ramp back up. Imports should drop which has been the trend all year. Short term natgas prices will drop as they did today. The EIA storage report will not be given this Thursday so it will be interesting to see how the Henry Hub and Wall Street react.

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Permalink Reply by dingojoe on October 31, 2012 at 15:55

EIA is back up and running, the report will come out tomorrow.  Should break 3900 in storage.

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Permalink Reply by Krkyoldhag on November 1, 2012 at 23:51

Way back in the 70's I argued for underground utility lines in new development and after any destruction.  I was repeatedly told I was up my tree that it was simply too expensive.

I wonder how many dollars would have been saved to date if they had listened to me?

Originally my idea for underground lines was simply b/c I thought those brown poles were ugly.  I note that its not too expensive for them to bury that orange line all around here for the fiber optics.  So why is it too expensive to bury electrical lines?

Wonder if people on the East coast now wish they had those underground lines?

Also after some natural gas leaks exploded a couple of houses in Arlington I questioned why they didn't install shut of valves in neighborhoods.  Again, those shut offs would have saved some people from fires during this storm.  Some of the gas lines around here are over 100 years old.

Oh well..all that was too expensive wasn't it?

But then I have to confess I didn't think ripping up the trolly and streetcar rails was a good move.

The news today on Fox about situations in NYC are dire.  Think about this..two women from right here in East Texas were in NYC for a holiday and they were not able to call home until late yesterday.  And they have not been able to get home.  Figure they will be on local TV telling us about it when they return home.

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