[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-564888-105":53,"doc-detail-564888-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","arc-energy-charts-chart-watch-december-13-2016","ARC energy charts - Chart Watch - December 13, 2016","","ARC energy charts for Chart Watch (December 13, 2016) summarize how extreme North American cold drove demand and pushed natural gas and related benchmarks higher after OPEC’s meeting. The text links the price surge to winter power consumption, Henry Hub gains near $3.75/MMBtu, and shifting weather outlooks toward warmer conditions. It also explains prior volatility from the 2013/14 polar vortex, 2015/16 El Niño warmth, and ongoing supply-demand feedbacks. A disclaimer limits accuracy and liability.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":11,"@type":70,"position":76},"https://docshare.wps.com/template/presentations/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/arc-energy-charts-chart-watch-december-13-2016/564888/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/arc-energy-charts-chart-watch-december-13-2016/564888.png","ImageObject",442,249,{"name":88,"@type":89},"asda1da","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-22","2026-10-12",true,{"@type":98,"interactionType":99,"userInteractionCount":47},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What weather conditions are described as driving the recent natural gas price increase?","Question",{"text":108,"@type":109},"Western Canada’s deep freeze and an Arctic blast expected to affect the Eastern and Central United States increased power use and heating demand, boosting natural gas consumption and prices.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"How did past events contribute to earlier natural gas oversupply and low prices?",{"text":113,"@type":109},"A prolonged supply glut followed a polar vortex in winter 2013/14, which raised prices and triggered more drilling and supply; later, an exceptionally warm El Niño winter in 2015/16 reduced demand and pushed prices below $2.00/MMBtu.",{"name":115,"@type":106,"acceptedAnswer":116},"Why might the price upside be limited even during the current winter boost?",{"text":117,"@type":109},"The document notes that abundant North American shale gas can cap price upside, and that supply response may take time due to reduced field activity and constraints such as new takeaway pipeline capacity.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},564888,1792316574,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":8,"category_name":11,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":47,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":8,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":79},3985747861852,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","ARC energy charts  \nDecember 13, 2016  \nChart Watch  \n\n| 2 E&Ps have surged since OPEC’s meeting |\n| --- |\n| 7 WTI climbed to a 17 month high on Monday |\n| 11 Trader long positions rose post OPEC meeting |\n| 17 Crude imports from Canada hit a record high |\n| 25 Cold weather has boosted natural gas prices |\n\nOn the Right Side of History, at Last  \nBy Jackie Forrest  \nWestern Canada is in a deep freeze. The US Midwest is buried under snow. An Arctic blast is expected to hit the Eastern and Central United States in the next week. The frigid weather is causing people to crank-up furnaces and heaters across the continent. Power consumption is surging too. In Alberta, power use hit a new all-time high for peak winter load last week.  \nThe only ones reveling in these freezing temperatures are North America’s natural gas producers.  \nLast Friday, the intense weather-driven demand for natural gas combined with expectations of ongoing freezing conditions pushed benchmark US prices at Henry Hub to a level not seen in almost two years, $US 3. 75/MMBtu. Prices have weakened slightly since Friday’s high, as newly updated weather outlooks are now predicting a greater chance of warmer temperatures before the Christmas holidays.  \nOver the past few years, weak natural gas prices  \nhave been the result of a prolonged supply glut. The initial cause was a “polar vortex” that gripped the continent in the winter of 2013/14 . Back then, a lengthy cold snap set low temperature records on the East Coast, boosting natural gas consumption, and spiking prices to over $US 5. 00/MMBtu in early 2014. In turn, the high prices resulted in more drilling, pipelines and a gush of new natural gas supply. Associated gas from robust oil drilling amplified the surplus. Even industry veterans were surprised when year-over-year American production grew by 7 Bcf/dor 10% over the course of 2014.  \nThe hangover from the 2014 supply binge extended into 2015, when natural gas markets continued to be oversupplied. The situation only got worse when the exceptionally warm “El Niño” winter of 2015/16 sapped demand, causing prices to sink under $US 2. 00/MMBtu.  \nThis recent history illustrates how weather drives unpredictable price volatility in natural gas markets. The relationship between weather and price has grown stronger over the past 15 years, as the amount of weather related demand has increased by more than 8 Bcf/d over that time frame (see past blog“Weathering Volatility in Natural Gas Markets”) .  \nAssuming that Old Man Winter continues to linger into January and February (a critical, yet still uncertain assumption), price could once again spike above $US 5. 00/MMBtu as it did in 2014; especially when you consider the underlying supply fundamentals are weaker today, compared with back then.  \nDisclaimer The information and data contained herein has been obtained or prepared from sources which ARC believes to be reliable but has not been independently verified. ARC makes no representations or warranties as to the accuracy or completeness of such information and data nor the conclusions derived therefrom. This document has been published on the basis that ARC shall not be responsible for, and ARC hereby expressly disclaims any responsibility for, any financial or other losses or damages of any nature whatsoever arising from or otherwise relating to any use of this document.  \nSpot WTI Crude $US/B  \nEdmonton Light $US/B  \nSpot Henry Hub $US/MMBtu  \nSpot AECO $Cdn/GJ  \nSpot AECO Basis $US/MMBtu  \nCurrency $US/$Cdn  \n51.50 􀃈 47.27 􀃇 3.75 􀃇 3.80 􀃇 0.71 􀃈 0.7588 􀃇  \nAs a result of low prices inflicted over the past few years, natural gas field activity has slowed to asnail’s pace. The number of US rigs targeting gas is only one-third the level of 2014. If prices strengthen this winter, it could take some time for supply to respond, being that it has to ramp up from this low level. A shortage of new takeaway pipeline capacity from the prolific Appalachia region this winter ","cbCaitZGVe2ev5sm","https://ap.wps.com/l/cbCaitZGVe2ev5sm","pdf",1369269,"English","# Chart Watch - December 13, 2016\n## Weather-driven demand and price spikes\n## Historical drivers: polar vortex and El Niño\n## Supply constraints and shale gas price caps\n## Figure 1: Henry Hub price histogram (2013 to current)","[{\"question\":\"What weather conditions are described as driving the recent natural gas price increase?\",\"answer\":\"Western Canada’s deep freeze and an Arctic blast expected to affect the Eastern and Central United States increased power use and heating demand, boosting natural gas consumption and prices.\"},{\"question\":\"How did past events contribute to earlier natural gas oversupply and low prices?\",\"answer\":\"A prolonged supply glut followed a polar vortex in winter 2013/14, which raised prices and triggered more drilling and supply; later, an exceptionally warm El Niño winter in 2015/16 reduced demand and pushed prices below $2.00/MMBtu.\"},{\"question\":\"Why might the price upside be limited even during the current winter boost?\",\"answer\":\"The document notes that abundant North American shale gas can cap price upside, and that supply response may take time due to reduced field activity and constraints such as new takeaway pipeline capacity.\"}]","ARC energy charts - Chart Watch - December 13, 2016 | PDF",1791844817]