It’s certainly been a crazy week, filled with headlines with direct implications for oil fundamentals. This week brought a major oil production announcement, a political shift in the US Senate, and violent protests at the US Capitol. Let’s break down some of the top headlines this week and the impact on oil 1. Saudis Announce […]
Natural Gas News – October 12, 2020 Coal, Nuclear Retirements in US Midwest Might Boost Gas-Fired Power Demand As natural gas storage surpasses five-year maximum levels in the US Midwest, a swath of coal and nuclear power plant retirements look to boost gas’ share of generation winter over winter, help ing balance a towering inventory […]
Natural Gas News – July 9, 2020 Natural Gas Price Fundamental Daily Forecast – Robust Cooling Demand Could Drive Market to $2.00 Exports of natural gas by pipeline are the largest component of U.S. natural gas trade, accounting for 40% of all U.S. gross natural gas exports in 2019. EIA expects these exports to increase […]
Nat Gas News – July 6, 2020 Warren Buffett’s Berkshire Buys Dominion Energy Natural Gas Assets in $10 Billion Deal Warren Buffett’s Berkshire Hathaway is finally pulling the trigger. The conglomerate is spending $4 billion to buy the natural gas transmission and storage assets of Dominion Energy. Including the assumption of debt, the deal totals […]
