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HomeNatural Gas

Natural Gas

California leads the United States
EIA News

Global natural gas market well supplied for winter, but risks remain, EIA analysis finds

November 14, 2023 Mariel Alumit

November 14, 2023 Data source: U.S. Energy Information Administration Relatively full natural gas inventories in the United States and Europe and expanded global liquefied natural gas (LNG) export and import capacity have improved the likelihood […]

Is Natural Gas About to Become a Buyer’s Market?
Exports

Is Natural Gas About to Become a Buyer’s Market?

October 29, 2023 Mariel Alumit

For the second straight winter, Europe’s energy strategy is based largely on hopes for mild weather and reduced industrial demand, with gas prices still hovering at about 50 euros ($53) per megawatt-hour, more than double […]

Ukraine
Zero Edge

Ukraine Could Allow Foreign Traders To Use Half Of Its Natural Gas Storage

October 26, 2023 Mariel Alumit

By Tsvetana Paraskova of OilPrice.com Ukraine is ready to allow non-resident traders to use up to half of its natural gas storage capacity, the country’s Prime Minister Denys Shmyhal told national television on Wednesday. Ukraine […]

gas
EIA News

The number of operating U.S. natural gas rigs has declined 24% since start of 2023

October 25, 2023 Mariel Alumit

October 25, 2023 Data source: Baker Hughes Company On October 20, the Baker Hughes Company reported 118 natural gas-directed rigs were active in the United States, a decrease of 38 rigs since the start of […]

Exploration and Production

New natural gas investments are crucial to prevent price shocks

October 23, 2023 Mariel Alumit

Oil Price Unprecedented uncertainty in natural gas demand and policies and low levels of investment in new production risk creating fresh energy crises and undermining energy security and climate goals as it would stall the […]

Price
EIA News

Average U.S. natural gas bills expected to decrease this winter

October 19, 2023 Mariel Alumit

October 19, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), Winter Fuels Outlook We forecast lower average natural gas bills for U.S. consumers that heat their homes primarily with natural gas this […]

Price
EIA News

Three countries began importing liquefied natural gas this year, and more will follow

August 30, 2023 Mariel Alumit

August 30, 2023 Data source: U.S. Energy Information Administration estimates based on trade press and data by the International Group of Liquefied Natural Gas Importers (GIIGNL) Note: Capacity additions include projects that came online in […]

Price
EIA News

Natural gas prices fall in first half of 2023 amid record production and mild temperatures

July 24, 2023 Mariel Alumit

July 24, 2023 Data source: Refinitiv Eikon The average monthly spot natural gas price at the U.S. benchmark Henry Hub fell 34%, or $1.12 per million British thermal units (MMBtu), to $2.18/MMBtu between January and […]

Price
EIA News

Natural gas storage injections exceed five-year average so far this summer

July 17, 2023 Mariel Alumit

July 17, 2023 Data source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report Working natural gas inventories totaled 2,930 billion cubic feet (Bcf) in the Lower 48 states as of July 7, according to […]

Price
Crude Oil News

Crude oil and natural gas proved reserves held by public companies fell slightly in 2022

July 11, 2023 Mariel Alumit

July 11, 2023 Data source: Evaluate Energy International proved crude oil and natural gas reserves held by 187 publicly traded global exploration and production (E&P) companies declined by 5.6 billion barrels of oil equivalent (BOE) […]

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