Natural Gas News – December 6, 2018 2018 U.S. Natural Gas Pipeline Report: Natural Gas Demand to Drive New Pipeline Construction Until 2035 NA Pipelines reported: A study released in June found that the United States and Canada will require annual average natural gas, oil and natural gas liquids midstream infrastructure investment of about $44 […]
Natural Gas News – December 5, 2018 Overseas Markets Should Help Cap U.S. Natural Gas Prices Forbes reported: Current plans calling for the construction of as much as 18 bcf/d of capacity in the next few years should be interpreted cautiously; recall that in 2003, 5.3 bcf/d of import capacity was planned given long-term expectations […]
Natural Gas News – December 4, 2018 Global Natural Gas Industry 2018 with BP, Gazprom, National Iranian Oil Company, ExxonMobil Dominating Marketwatch reported: The year 2017 witnessed a significant increase in the production of natural gas worldwide. Globally, the production of natural gas increased by over 130 billion cubic meters (bcm) in 2017, or four […]
For the first time in a while, oil prices did not fall lower this week, though that speaks more to the extremely weak opening price than to any market strength. The trade has tested a rally a few times this week, but prices seem to stick around $52 before sinking back to $50. That up-and-down […]
After moving higher in early morning trading, oil prices are back down once again, hovering just above $50 threshold after a brief stint into the $49 range this morning. Currently WTI crude is trading at $51.19, down 26 cents since yesterday. Fuel prices are trading relatively flat this today, with diesel pushing new lows thanks […]
Natural Gas News – November 30, 2018 Tighter Supplies Push Natural Gas Prices Higher U.S. natural gas exports to Mexico hit a new record amid sagging production south of the border. Mexico imported about 6 billion cubic feet of natural per day from the United States in August, the U.S. Energy Information Administration reported late […]
Nat Gas News – November 15, 2018 Why Natural Gas Prices Are Breaking Out Forbes reported: Major disconnects between prices and fundamentals don’t last forever. And when these disconnects revert back to the fundamentals, prices can move quickly and investors can make a lot of money. I highlighted a disconnect in August, when I warned […]
Source: EIA Renewable diesel net supply to California’s fuel market has increased since the state’s Low Carbon Fuel Standard (LCFS) program went into effect in 2011, reaching 100 million gallons during the second quarter of 2018, or 10.1% of the total diesel supplied to California that quarter. The LCFS program, which is administered by the […]
In a huge correction yesterday, prices shed over $4/bbl, with products seeing losses upwards of 10 cents per gallon. This morning, WTI crude is trading at $56.53, up 84 cents. Yesterday truly shook up the fuels markets, with both gasoline and diesel seeing nearly 10-cent losses. Gasoline took the larger fall, shedding 8.7 cents (-5.4%), […]
Nat Gas News – November 14, 2018 Natural Gas Soars 20% in U.S. on Concerns About Winter Supplies Bloomberg reported: Natural gas soared the most in nine years as forecasts for lingering U.S. cold spurred concern that supplies may not be adequate to meet demand over the winter. Gas for December delivery rose as much […]
