U.S. GAS PRICES
Preliminary dry gas production for January 2015 was 2,287 billion cubic feet (Bcf), or 73.8 Bcf/day, down from last month's record high of 74.8 Bcf/day. January's production was a 6 Bcf/day increase from 67.8 Bcf/day in January 2014, an 8.8% rise from year to year.
Preliminary total consumption for January 2015 was 3,130 Bcf, or 101 Bcf/day, a decrease of 3% from 3,227 Bcf in January 2014, or 104.1 Bcf/day.
Total consumption for January 2015 decreased in most sectors year to year: Deliveries to residential consumers for January 2015 were 930 Bcf, or 30 Bcf/day, a 10% drop from 33.3 Bcf/day in January 2014; commercial deliveries were 526 Bcf, or 17 Bcf/day, an 8% decrease from 18.5 Bcf/day in January 2014; and industrial deliveries were 715 Bcf, or 23.1 Bcf/day, down 1% from 23.3 Bcf/day in January 2014. Electric power deliveries showed an increase from last January: January 2015 deliveries were 713 Bcf, or 23 Bcf/day, a 7.5% rise from January 2014's 21.4 Bcf/day.
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WNN - Asia needs nuclear energy to meet its economic, energy and environmental goals, but such plans are still in the development phase in the South East region of the continent, Agneta Rising, director general of World Nuclear Association, said.
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REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $63.69 a barrel at 0744 GMT, up 15 cents, or 0.2 percent, from their previous close. Brent crude futures LCOc1 were at $67.56 per barrel, up 14 cents, or 0.2 percent.