By Tsvetana Paraskova of OilPrice.com Europe’s natural gas futures point to structurally higher prices for the rest of the year, as Europe will soon have to start filling inventories for the 2023/2024 winter. The TTF […]
February 15, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) The natural gas price at the U.S. benchmark Henry Hub declined by 41%, or $2.26 per million British thermal units (MMBtu), in […]
In 2023, operators plan to retire 15.6 gigawatts (GW) of electric-generating capacity in the United States, mostly natural gas-fired (6.2 GW) and coal-fired (8.9 GW) power plants, according to our Preliminary Monthly Electric Generator Inventory. Coal. Substantial […]
February 7, 2023 Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, December 2022 In 2023, operators plan to retire 15.6 gigawatts (GW) of electric-generating capacity in the United States, mostly natural gas-fired […]
Indian Prime Minister Narendra Modi on Monday projected that the country’s gas demand would rise 500% due to the rapid pace of development, while its share of global oil demand would more than double. While […]
January 30, 2023 Data source: U.S. Energy Information Administration, Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2021 Proved reserves of natural gas in the United States grew to a […]
January 26, 2023 As of January 1, 2023, we are now publishing four new Today in Energy articles each week, from Monday through Thursday. Data source: U.S. Energy Information Administration, Electricity Data Browser Natural gas-fired […]
China’s economic recovery could keep the natural gas market tight this year, said Australia’s biggest exporter. The real impact of Beijing’s exit from Covid Zero is yet to be seen, said Meg O’Neill, chief executive […]
January 9, 2023 Data source: Refinitiv Eikon In 2022, the wholesale U.S. natural gas spot price at the national benchmark Henry Hub in Louisiana averaged $6.45 per million British thermal units (MMBtu), the highest annual […]
December 12, 2022 Data source: Natural Gas Monthly, November 2022; Short-Term Energy Outlook, November 2022 In the industrial sector, natural gas consumption in the United States increased by 1.9% in 2021. In our November Short-Term […]
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