Natural Gas News – September 21, 2021 Industrials group points to winter gas price increase to push for limits on US Seizing on higher US natural gas prices expected this winter, a group of industrial manufacturers is making a pitch for the Department of Energy to limit LNG exports and put a hold on some […]
Natural Gas News – September 16, 2021 Europe’s Gas Extends Record Rally on Russian Supply Woes, Wind Natural gas prices in Europe continued their record-breaking run as uncertainties about supply security this winter worsen. Power prices also surged to a new high amid after a disruption on a power link with France. Uncertainties over Russia’s […]
Natural Gas News – September 14, 2021 Natural gas prices are rising and could be the most expensive in… Natural gas prices have doubled this year and are expected to continue to rise, resulting in larger winter heating bills for some consumers and higher costs for electric utilities. Natural gas is plentiful in the United […]
Natural Gas News – September 2, 2021 U.S. natgas futures advance after Ida halts Gulf of Mexico output (Reuters) – U.S. natural gas futures on Wednesday climbed toward a two-and-half year peak scaled earlier this week as key production facilities in the U.S. Gulf of Mexico remained offline while energy firms assessed the aftermath of […]
Storm Alert – Hurricane Ida – Code Red Damage assessments remain underway in the Louisiana and Mississippi markets. Power is still offline for many residents, and refineries are still down. Fuel concerns are beginning to spread outside the region due to tight carrier capacity and lack of refinery supply. Two days after the storm, recovery efforts […]
Natural Gas News – August 3, 2021 U.S. natgas rises on warm weather forecasts Aug 3 (Reuters) – U.S. natural gas futures gained on Tuesday as forecasts continued to signal hotter weather over the coming weeks than previously expected, which tends to increase gas demand for cooling. Front-month gas futures gained 7.7 cents, or about […]
Natural Gas News – July 1, 2021 Global gas prices rally on hot summer, storage demand Global prices for natural gas are at multi-year highs, with high temperatures driving up demand for power generation in the northern hemisphere for air conditioning and as traders in some regions replenish stocks ahead of winter. Prices for liquefied […]
Natural Gas News – June 29, 2021 US nat gas futures up to fresh 29-month high on Northwest heat wave US natural gas futures climbed to a fresh 29-month high on Monday as a heatwave boosted power prices in the Pacific Northwest to all-time highs and on expectations soaring global gas prices will increase US […]
Last weekend, reports of positive steps toward restoring the Iran nuclear deal made headlines. A US-Iran agreement would increase global oil supplies by nearly 2 million barrels per day, alleviating tight supply concerns. Analysts suggest Iran could unleash its full oil productivity in short order, meaning the price impact would be rapid. On Tuesday we […]
Natural Gas News – January 19, 2021 Proposals to prohibit natural gas bans may threaten cities’ clean energy goals Kansas and Missouri may become the next states to block cities from banning natural gas, with hearings on legislation in both states expected soon. Although natural gas bans at this point are more of a coastal […]
