Here's Some Ammo for Skews and MM

Nov 2012
40,757
11,753
Lebanon, TN
#14
More ammo for skews and MM. Industrial natural gas usage is not counting any residential or commercial heating, so is considered a good indication of manufacturing activity.

It is on the rise, it appears to be tracking the 2013 path

with exception of Jan-mar which the increase could be the result of the coldest winter in teh US in decades.
 
Jul 2014
14,700
8,953
massachusetts
#16
If it has followed the same pattern since 2005 of lower usage in the warmer months and more usage in the colder months, it isn't an indicator of anything other than usage is season rather than an economic indicator.
It shows that usage is higher in the winter, and given that it says one of the industrial uses of gas is heating , that makes sense.
It also shows usage to be rising year to year, showing increased industrial activity.
 
Jun 2012
41,958
15,178
Barsoom
#17
It shows that usage is higher in the winter, and given that it says one of the industrial uses of gas is heating , that makes sense.
It also shows usage to be rising year to year, showing increased industrial activity.
Natural gas usage is determent on seasonal weather and natural gas prices, and natural gas prices are very low, thus more natural gas consumption, and the charts and usage are tracking along with natural gas prices.



 
Apr 2013
38,050
26,062
La La Land North
#18
The graph shows natural gas usage at manufacturing facilities. So it does not include for example, heating for office blocks or apartments. Yes, a component is for heating the manufacturing facility, but most manufacturing requires some heat, so the process to is apt to need more gas in winter.

Of significance here isn't the seasonal fluctuation but the year over year increase for any particular month. The 27% increase from 2009 to 2014, even if you wish to call it heating related, which would be false, is still indicative of increased manufacturing activity. But heaven forbid you would let a fact about things improving under Obama derail your fantasy based hate.
 
Likes: 1 person
Jun 2012
41,958
15,178
Barsoom
#19
The graph shows natural gas usage at manufacturing facilities. So it does not include for example, heating for office blocks or apartments. Yes, a component is for heating the manufacturing facility, but most manufacturing requires some heat, so the process to is apt to need more gas in winter.

Of significance here isn't the seasonal fluctuation but the year over year increase for any particular month. The 27% increase from 2009 to 2014, even if you wish to call it heating related, which would be false, is still indicative of increased manufacturing activity. But heaven forbid you would let a fact about things improving under Obama derail your fantasy based hate.
Why don't you point out any reference I made about Obama, hate, or anything remotely close, liar.

Then explain why your graph does not align with actual manufacturing data.
 
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Jun 2013
5,700
1,734
Katmandu
#20
RNG;7003%634 said:
The graph shows natural gas usage at manufacturing facilities. So it does not include for example, heating for office blocks or apartments. Yes, a component is for heating the manufacturing facility, but most manufacturing requires some heat, so the process to is apt to need more gas in winter.

Of significance here isn't the seasonal fluctuation but the year over year increase for any particular month. The 27% increase from 2009 to 2014, even if you wish to call it heating related, which would be false, is still indicative of increased manufacturing activity. But heaven forbid you would let a fact about things improving under Obama derail your fantasy based hate.
Record use of natural gas in the the first quarter of 2014 while the economy contracted 3%. Natural gas volume was significantly higher during the recession while the economy was shrinking compared to preceding years.

Reckon there may be other factors in play here driving the demand other than industrial activity?

U.S. Natural Gas Prices
 
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