Natural gas shipments to U.S. power plants were set to decline for the first time in three days as nuclear production increased. Deliveries to Texas rose to a three-month high as hot weather boosted demand.
A sample of scheduled gas shipments for U.S. electricity generation dropped 1.7 percent to 19.1 million dekatherms (18.6 billion cubic feet) from yesterday’s 19.4 million, according to data compiled by Bloomberg as of 2:45 p.m. in New York.
U.S. nuclear-power production nationwide increased by 825 megawatts from yesterday to 82,007 megawatts, or 81 percent of capacity, according to the Nuclear Regulatory Commission and data compiled by Bloomberg.
Gas deliveries to Texas power plants increased for a third day, up 1.6 percent to 3.34 million dekatherms, the highest level since Feb. 10.
Temperatures will be above normal in the state through June 15, according to Commodity Weather Group LLC in Bethesda, Maryland. The high temperature in Houston tomorrow may be 94 degrees Fahrenheit (34 Celsius), 5 degrees above normal, according to AccuWeather Inc. in State College, Pennsylvania.
Wholesale natural gas at Katy, Texas, slid 0.7 percent to $4.5694 per million British thermal units on the Intercontinental Exchange as of 1:59 p.m. New York time after yesterday’s 7.9 percent rally. The hub is 27 miles (43 kilometers) west of Houston.