Natural Gas News – January 13, 2022 Natural Gas Prices Soar on Strong Demand Outlook Natural gas futures are finally breaking out to the upside of its month long support base early Wednesday. As we mentioned previously, the chart pattern was bullish and that speculators were just waiting for weather-related news to drive prices through […]
Natural Gas News – January 11, 2022 Higher Natural Gas Prices Push Up U.S. Wholesale Electricity Prices Rising fuel costs, especially those of natural gas, drove up wholesale electricity prices in all U.S. regions in 2021, the Energy Information Administration (EIA) said in an analysis on Friday. Average wholesale prices for electricity at all major […]
Natural Gas News – January 6, 2022 U.S. Natural Gas Market: Demand Is Close To An All-Time High Last week (ending Dec. 31), the number of heating degree days (HDDs) plunged by almost 21% w-o-w (from 166 to 132). The total “energy demand” (as measured in total degree days or TDDs) was 20% below last […]
Natural Gas News – December 16, 2021 New York City bans natural gas in new buildings The New York City Council voted on Wednesday to ban the use of natural gas in new buildings, following in the footsteps of dozens of smaller U.S. cities seeking to shift from fossil fuels to cleaner forms of energy. […]
Natural Gas News – December 9, 2021 Global LNG exports hit eight-month high Global LNG loadings increased in November compared with recent months, and were at their quickest since March, as stronger US and Malaysian output offset slower Qatari exports. Aggregate global LNG exports rose to 32.8mn t of LNG in November from 31.8mn t […]
Natural Gas News – December 2, 2021 U.S. natgas futures edge up ahead of weekly storage report U.S. natural gas futures edged up on Thursday with a small decline in output after dropping to a three-month low in the prior session as the market awaited direction from a federal report expected to show a bigger […]
NATURAL GAS NEWS – November 30, 2021 What Happens If Europe Runs Out Of Gas? The real test of Europe’s energy supply is here. As temperatures have started dropping on the continent in recent days, power prices spiked again, and the natural gas shortage could worsen in case the winter is colder than usual. There […]
Starting off the week we saw oil prices decrease on new expectations of increasing energy supplies. With United Nations talks ending on Saturday, news circulated of a deal pinning global warming heavily on fossil fuels. The two-week meeting in Scotland focused specifically on climate change, and several sessions focused on how to curb emissions enough […]
Natural Gas News – November 11, 2021 Summit spotlights benefits of alliances between LNG industry, community Lake Charles Mayor Nic Hunter praised the LNG industry’s role as partners in initiatives that improve the Lake Area quality of life and pushed for an increased “physical footprint.” Bechtel and Chenier representatives talked about workforce training, and two […]
Natural Gas News – November 9, 2021 Natural Gas Prices Soar As Putin Punks Europe In late October, the market rejoiced and nat gas prices puked (even as we warned this was just the latest joke the Kremlin was playing at gullible Europe’s expense) after news that Russian President Vladimir Putin had asked Gazprom to […]
