The United States is making more gas than ever. This is a byproduct of historical highs in 2021 and 2022. The rule of thumb in commodities is that high prices bring supply. That truth has […]
Puerto Rico received three portable natural gas generators from the U.S. federal government that will supply 150 megawatts of emergency power to the island’s electricity grid. The three natural gas generators are the first part […]
Natural gas is a fossil fuel made up of methane and other hydrocarbons formed from the decomposition of organic matter. It is extracted via various methods and used as an abundant and relatively inexpensive source […]
March 2, 2023 Data source: U.S. Energy Information Administration, State-to-State Capacity Tracker In 2022, 897 million cubic feet per day (MMcf/d) of interstate natural gas pipeline capacity was added collectively from five projects, according to […]
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 […]
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