Natural Gas News – November 29, 2022 Why Americans Will Pay Higher Natural Gas Prices This Winter American households that run on natural gas can expect high bills this winter. How high prices go depends on a lot of factors, including whether the war in Ukraine takes a new turn and if the winter is […]
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 17, 2022 Eight Years of Oil and Gas Supply Within Touching Distance of North Sea Britain’s North Sea has over eight billion barrels worth of untapped oil and gas reserves within 45km of existing North Sea infrastructure, a new report from the offshore energy trade body has estimated. Timed just […]
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 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 […]
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. […]
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 8, 2022 EU, US Commit to Working to Keep High Level of US LNG Exports to EU The EU and US have committed to working to keep up a high level of US LNG supplies into Europe in 2023 as part of their alliance on energy security, they said Nov. […]
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 […]
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 […]
