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Oil, Gas, And Fracking News Reads: 20December 2020

The natural gas storage report from the EIA for the week ending December 11th indicated that the quantity of natural gas held in underground storage in the US had decreased by 122 billion cubic feet to 3,726 billion cubic feet by the end of the week, which left our gas supplies 284 billion cubic feet, or still 8.3% higher than the 3,442 billion cubic feet that were in storage on December 11th of last year, and 243 billion cubic feet, or 7.0% above the five-year average of 3,483 billion cubic feet of natural gas that have been in storage as of the 11th of December in recent years..the 122 billion cubic feet that were drawn out of US natural gas storage this week was less than the average forecast from an S&P Global Platts survey of analysts who had expected a 127 billion cubic foot withdrawal, but was higher than the average withdrawal of 105 billion cubic feet of natural gas that have typically been pulled out of natural gas storage during the same week over the past 5 years, and the

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NTPC's Snare Falls hydro unit goes offline after oil sheen spotted in water — again

NTPC s Snare Falls hydro unit goes offline after oil sheen spotted in water — again The Northwest Territories Power Corporation (NTPC) said in a news release Friday that the Snare Falls Hydro Unit was removed from service and a diesel unit at Jackfish Generating Plant will provide backup power while the hydro unit is offline, if required. Social Sharing CBC News · Posted: Dec 11, 2020 3:04 PM CT | Last Updated: December 11, 2020 Back in May, the same unit was shut for about three weeks after a similar oil sheen was discovered.(Northwest Territories Power Corporation) A hydro unit that provides power to Yellowknife, Behchoko, and Dettah was take out of service on Thursday after staff saw an oil sheen in the water while testing was being conducted on the unit.

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