The First U.S. LNG Shipment To China Arrives
The fist LNG shipment to China from the lower 48 states arrived last week, marking the official entry of the U.S. into the Asian LNG market. The shipment was chartered Continue Reading
Australian State To Permanently Ban Onshore Gas Fracking
The state of Victoria plans to ban shale and coal seam gas fracking in what would be Australia’s first permanent ban on unconventional gas drilling, citing the concerns of farmers Continue Reading
Fracking Really Isn’t So Bad
When Governor Andrew Cuomo announced last year that hydraulic fracturing would be banned in the State of New York, he cited the lack of scientific data on public health effects. Continue Reading
Can Fire Ice Replace Both Oil And Renewables?
Fire ice Do you remember the peak oil hysteria from the early 2000s? Oil didn’t just not end, the world started pumping even more thanks to the shale revolution. Now Continue Reading
Gas Leak Has California Preparing for LNG Imports, Capping Use
State recommends monitoring refiners’ gas use, pump prices Agencies say state should also prepare for LNG imports California is looking at capping the amount of natural gas burned by power Continue Reading
Hedge funds slash bullish natgas bets, fearing less summer heat
Hedge funds and other speculators cut their bullish exposure to U.S. natural gas to June lows, data showed on Friday, after varying forecasts for summer led to worries about reduced Continue Reading
U.S. natural gas market rebalances on hot weather, low prices
U.S. stocks of natural gas are rising much more slowly than normal for this time of year as a long, hot summer spurs record air-conditioning demand and gas burn by Continue Reading
Cheniere’s first LNG export cargoes: A contrarian indicator for U.S. natural gas prices?
Cheniere Energy has long been my favorite contrarian indicator in the U.S. natural gas market. For those unfamiliar with the term, a contrarian indicator is an event which suggests that Continue Reading
Iran Says Gas Exports to Iraq to Start in Next Month After Delay
Shipments set to rise to 70 million cubic meters a day Iranian gas to fuel power plants in Baghdad and later Basra Iran, holder of the world’s biggest natural gas Continue Reading
Texas shale basin left behind
Leaving part of a Texas oil and natural gas shale basin will free up potentially more than a billion dollars in financial commitments, Chesapeake Energy said. Chesapeake, which has headquarters Continue Reading