Nat Gas News – February 3, 2017

Click here to read the latest NGN  In the News WEC invests $230 million in natural gas storage site Yahoo! Finance reports: The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 87 billion cubic feet for the week ending January 27. Analysts were expecting a storage decline ranging […]

Nat Gas News – February 2, 2017

 In the News Natural gas is improving our air Pittsburgh Post-Gazette reports: Patrick McDonnell, the acting state secretary of environmental protection, put it plainly in a 2016 news release, when he said, “Overall, our air quality continues to improve.” The release included figures showing that, from 2012 to 2014, the number of drilling sites monitored […]

Nat Gas News – January 30, 2017

Click here to read the latest NGN In the News Booming natural gas exports to Mexico may be at risk Bloomberg reports: Although Mexico is one of the world’s top 20 natural gas producers, in recent years demand there has jumped well ahead of the country’s domestic production. As a result, Mexico has become the […]

Weekly Price Review

By Dr. Nancy Yamaguchi WTI crude prices opened the week Monday at a very strong $53.33/b. Tuesday’s market opened $0.47 lower, but opening prices were stable on Wednesday and Thursday, and Thursday brought a rally that closed the day at $53.78/b. Friday’s opening was 4 cents lower, at $53.74. Over the week, this was an […]

Nat Gas News – January 27, 2017

Click here to read the latest NGN In the News Trump backs oil pipelines, gas lines are in limbo Bloomberg reported: While President Donald Trump works to advance two controversial oil pipelines — Dakota Access and Keystone XL, a war’s being fought in Washington over a whole other set of lines: natural gas ones. Take […]

With low oil prices in 2016, federal revenues from energy on federal lands again declined

Source: EIA. Principal contributors: Natalie Kempkey, Matthew Manning In fiscal year (FY) 2016, the U.S. government collected almost $6 billion in revenues from royalties, rental costs, and other fees from activities related to energy production on federal and American Indian lands, according to the Department of Interior’s Office of Natural Resource Revenue. These activities include […]

Nat Gas News – January 24, 2017

Click here to read the latest NGN In the News The days of cheap natural gas are over Forbes reports: Natural gas prices averaged a little more than $2.50 per mmbtu (million British Thermal Units) in 2016. Those days are over. Prices willaverage at least $3.50 to $4.00 in 2017. Prices have more than doubled […]

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The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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