Nat Gas News – January 10, 2020

Nat Gas News – January 10, 2020

Natural Gas Futures Gain as Market Eyes Possible End to ‘Blowtorch Regime’

Natural Gas Intel reported: With guidance increasingly favoring an end to the recent run of exceptionally warm temperatures, the natural gas futures market managed to
absorb a bearish miss from the latest inventory data Thursday. The February Nymex contract settled 2.5 cents higher at $2.166/MMBtu. March picked up 1.4 cents to $2.148, while April settled at $2.150, up 1.5 cents. Meanwhile, widespread warmth in the near term saw spot prices grind lower for the most part, especially along the East Coast; NGI’s Spot Gas National Avg. tumbled 9.0 cents to $1.945. After inconsistency in recent model runs, the latest guidance Thursday appeared to be honing in on a shift to at least somewhat colder temperatures later this month, according to Bespoke Weather Services. For more on this story visit naturalgasintel. com or click https://bit.ly/2uDSYKr

 

Cummins Westport B6.7N Natural Gas Engine Receives Near Zero Emissions Certifications; Full Natural Gas Engine Portfolio Now Certified Near Zero

Businesswire reports: Cummins Westport Inc. (“CWI”) is pleased to announce that it has received certifications from both the U.S. Environmental Protection Agency (“EPA”) and Air Resources Board (“ARB”) in California for its B6.7N natural gas engine. Like the Cummins Westport ISX12N and L9N engines, the B6.7N meets California ARB optional Low NOx standard of 0.02 g/bhp-hr, a 90% reduction from engines operating at the current EPA NOx limit of 0.2 g/bhp-hr. The B6.7N also meets 2021
EPA greenhouse gas emission (“GHG”) requirements. “We’re proud to continue our legacy of emissions-leading products,” said Gordon Exel, President, Cummins Westport Inc. “The B6.7N is an excellent choice for medium-duty customers looking to reduce greenhouse gas emissions and lower their overall environmental
footprint without sacrificing performance.” For more on this story visit businesswire.com or click https://bwnews.pr/2QHvWe1

Market Condition Report - Disclaimer
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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