1 / 3

Michigan IRP Gas Forecast

Michigan IRP Gas Forecast. Michigan IRP Gas Forecast. In the following slide, you will see 3 natural gas profiles EIA WellHead Price for the Lower 48 Average Published data from the EIA

kasa
Download Presentation

Michigan IRP Gas Forecast

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Michigan IRP Gas Forecast

  2. Michigan IRP Gas Forecast • In the following slide, you will see 3 natural gas profiles • EIA WellHead Price for the Lower 48 Average • Published data from the EIA • EIA WellHead Price adjusted upward by 12.2% to account for the median between wellhead prices and Henry Hub Prices • An analysis was performed by NewEnergy that compared historical wellhead prices and historical Henry Hub prices for their correlation, standard deviation, average % difference, and median % difference. • Median % difference was used to scale the WellHead price to Henry Hub • Methodology employed by EIA (http://www.eia.doe.gov/oiaf/analysispaper/henryhub/index.html) • Henry Hub Forecast using more recent Henry Hub Prices, while maintaining the shape provided by EIA • Using the average Henry Hub Cash Price from 1/1/2005 to 6/16/2005 for 2005, the shape was maintained and gas prices were projected forward until 2025

  3. Michigan IRP Gas Forecast

More Related