The U.S. Energy Department’s weekly inventory release showed a lower-than-expected increase in natural gas supplies. Following the positive inventory numbers, futures gained nearly 17% week over week to close at their highest since March. Other […]
June 7, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook According to our Short-Term Energy Outlook (STEO), U.S. electricity generation from natural gas reached a record-high 619 billion kilowatthours (BkWh) during the most […]
May 16, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our May Short-Term Energy Outlook (STEO), we expect the U.S. benchmark Henry Hub natural gas spot price to increase throughout 2023 […]
May 1, 2023 Data source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report During this past winter heating season (Nov 1-Mar 31), the amount of natural gas withdrawn from underground storage in the U.S. […]
April 25, 2023 Data source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report Withdrawals of natural gas from U.S. underground storage facilities totaled 1,707 billion cubic feet (Bcf) during the 2022-23 heating season (November […]
Authored by Tsvetana Paraskova via OilPrice.com, The UK will have enough natural gas supply to meet demand this summer, with supply coming mostly from the UK North Sea and Norway, supplemented by LNG imports, the […]
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 […]
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