Scheduled natural gas deliveries to U.S. electricity generators fell for a second day, while shipments to the Northeast rose on forecasts of cooler weather that may increase heating demand.
A sample of scheduled deliveries to power plants in the U.S. and Canada shows shipments declined 0.3 percent to 13.3 million dekatherms (13 billion cubic feet), according to data compiled by Bloomberg as of 10:45 a.m. in New York. Shipments to power generators in the Northeast increased 9 percent to 1.72 million, rising for the third day in four.
Scheduled shipments for U.S. residences fell 3.8 percent to 26.9 million, the sixth decline in seven days.
High temperatures in Buffalo, New York, today are expected to hit 52 degrees Fahrenheit (11 Celsius), 6 below normal, according to Weather Underground in Ann Arbor, Michigan. They could fall to 47 degrees by April 17, the forecaster said.
Wholesale gas at the Tetco M3 hub, where gas is delivered from Texas to New York and New Jersey, rose 1.78 cents, or 0.4 percent, to $4.4885 per million British thermal units yesterday on the Intercontinental Exchange.
Gas at the Henry Hub in Erath, Louisiana, the delivery point for futures traded on the New York Mercantile Exchange, advanced 5.91 cents yesterday, or 1.5 percent, to $4.1417 per million Btu.
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