Natural Gas News – November 22, 2022

Natural Gas News – November 22, 2022 Global Long-Term LNG Contracts Are Sold Out Until 2026 The global long-term LNG contracts before 2026 are sold out, top importer Japan says, amid heated competition for the fuel as Europe seeks to replace Russian pipeline gas supply. The estimate of sold-out LNG deals emerged from a survey […]

Natural Gas News – November 15, 2022

Natural Gas News – November 15, 2022 High LNG Prices Have Sparked Demand Destruction In India India’s industrial gas customers have been buying less LNG from storage sites due to high spot prices, which has sent LNG storage levels at import terminals to near capacity, traders familiar with the situation told Bloomberg on Thursday. The […]

NATURAL GAS NEWS – November 10, 2022

NATURAL GAS NEWS – November 10, 2022 Energy Crisis Sparks Mad Dash For Floating LNG Terminals Demand for LNG floating storage and regasification units (LNG-FSRUs) has increased sharply this year, with Europe facing an energy supply squeeze as Russia has progressively cut pipeline gas flows. Demand for LNG imports has intensified after the ruptures on […]

November 10, 2022 – Supply Alert – Hurricane Nicole – Code Red

Mansfield is monitoring the aftermath of Hurricane Nicole, which made landfall early this morning just south of Vero Beach, FL. Nicole had sustained winds near 75 mph at landfall, though the storm has since been downgraded to a Tropical Storm. Some 300,000 customers are lacking electricity this morning, with power companies pursuing repairs where safe. […]

EIA: Rapid increases in diesel prices reflect low inventories going into winter demand season

By: EIA In October 2022, the New York Harbor spot price for ultra-low sulfur diesel (ULSD) averaged $4.36 per gallon (gal), the highest monthly average price since May 2022 and the second-highest monthly average price on record (Figure 1). The diesel crack spread—the difference between the price of crude oil and an equivalent volume of diesel—marked […]

Natural Gas News – November 3, 2022

Natural Gas News – November 3, 2022 Enterprise ‘Convinced’ Export Customers Seeking US NGLs as LNG US midstream operator Enterprise Products Partners considers NGLs exports by the US to be an increasingly attractive option for international customers, with high LNG prices forcing some to turn to cheaper sources of power generation. “I’m absolutely convinced that […]

Curing Misinformation – The Truth About Diesel Supply, High Prices, and Oil Companies

Analysis by Sydney Casey The oil industry is complex, and it can be hard for the average person to understand how it operates. This is especially true when it comes to understanding the current diesel supply shortage, high prices, and oil company profitability. Michael Mansfield, CEO of Mansfield Energy, voiced these concerns in an interview […]

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The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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