Gas alert as demand and prices rise

[adam2]

So the gas equivalent of a strategic petroleum reserve as it were? You could pay for it with a tax on all NG so tax payers pay for it in proportion to their use and benefit received from the use of NG. Managed by the right people it could even turn a profit most years buying low in summer and selling high in the winter season.

Yes, very like the strategic petroleum reserve in the USA.
It could be reasonably be paid for either out of general taxation, or by a tax or levy on sales of natural gas.

Any such storage should be kept full whilst times are normal, so as to be available for any emergency.
To make a profit requires the selling of stocks at times of high prices, and not re-filling until prices moderate. That gives no protection against any emergency that occurs between the emptying and the later re-filling.

A profit might be made, when during an emergency the gas is used, but that is not the object of the exercise.

Nothing would prevent private capital funding seasonal storage in addition, if the backers felt that a profit could be made thus.

[adam2]

Gas stocks now down to 15,500 GWH.

[cubes]

MR storage seems to be withdrawing at something approaching maximum rate and actual demand is way above what they expect for this time of the year (going on last few years average perhaps?). With no LR storage to fall back on it looks like an average or even moderately warmer than average winter will cause issues this time.

[RenewableCandy]

Met Office says cold tonight, perhaps even the first frost.

[emordnilap]

Met Office says cold tonight, perhaps even the first frost.

Lit the stove for the first time after summer, many because of a very wet Saturday and a beautiful, though cold, Sunday. Around 5º during Sunday night though.

At 7 this Monday morning, the sun was only just visible through a thick haze, every cobweb visible on the trees and bushes, almost total silence and stillness in the fields. Uplifting. Oh, and gloves.

[adam2]

Gas stocks down to under 15,000 GWH.
TPTB don't seem concerned.

[johnhemming2]

Where are any LPG tankers?

[kenneal - lagger]

Gas stocks down to under 15,000 GWH.
TPTB don't seem concerned.

Let it go a bit lower and we'll start hearing the calls for more fracking. Just wait!!

[cubes]

Where are any LPG tankers?

There are various live ship tracking websites you can look at but you'll have to filter it down to tankers and the click them all one by one to see if they are LNG tankers and where they are going.

https://www.marinetraffic.com/ for example.

[vtsnowedin]

Met Office says cold tonight, perhaps even the first frost.

Lit the stove for the first time after summer, many because of a very wet Saturday and a beautiful, though cold, Sunday. Around 5º during Sunday night though.

At 7 this Monday morning, the sun was only just visible through a thick haze, every cobweb visible on the trees and bushes, almost total silence and stillness in the fields. Uplifting. Oh, and gloves.

I know that morning. Every fall has a few if your up and about. It cries Winter is coming!! Don't waste the day.

[emordnilap]

Met Office says cold tonight, perhaps even the first frost.

Lit the stove for the first time after summer, many because of a very wet Saturday and a beautiful, though cold, Sunday. Around 5º during Sunday night though.

At 7 this Monday morning, the sun was only just visible through a thick haze, every cobweb visible on the trees and bushes, almost total silence and stillness in the fields. Uplifting. Oh, and gloves.

I know that morning. Every fall has a few if your up and about. It cries Winter is coming!! Don't waste the day.

Yeah, it's a short window before winter too.

Am I the only one who thinks of winter being the longest season? Spring being next longest, autumn the third longest, summer the shortest? Certainly, the calendar 'first day' of any season always seems out of place.

[Little John]

I tend to think of seasons in terms of how much stuff grows. The properly "dead" season is, more or less, from mid November to mid March. Some things will still have a go at growing during this time, of course. But growth, overall, is at it's lowest during this period.

It's why I love early Spring (late February to mid March) because the signs of the end of the dead season and the beginning of the growing season are all around.

[vtsnowedin]

I tend to think of seasons in terms of how much stuff grows. The properly "dead" season is, more or less, from mid November to mid March. Some things will still have a go at growing during this time, of course. But growth, overall, is at it's lowest during this period.

It's why I love early Spring (late February to mid March) because the signs of the end of the dead season and the beginning of the growing season are all around.

I normally have snow cover on the ground from mid November to the first of April with some years going as much as a month longer on one end or the other. Forage for grazing animals needs to be put up for 200 days even if they are on pasture for part of those days to supplement what they do find outside.

[adam2]

Prices have increased significantly to about 50 pence a therm, which I think is a record for this time of year.
The highest price ever AFAIR was a brief peak of 100 pence a therm, and a sustained price of about 60 pence.

[cubes]

I see there's been an increase in LNG storage. A tanker has arrived to save the day no doubt.