Is The Golden Age Of Natural Gas Really Over?
Two years ago the world noted growth in energy demand by 2.3 percent. It was primarily met by natural gas followed by renewables, oil, coal, nuclear, and others. The exploding Continue Reading
Natural gas in transition: US residential-commercial markets face uncertainty
Some states impose moratoriums on new gas hookups Others have moved to preserve gas choice As state and local governments across the US pursue increasingly aggressive carbon-reduction targets, the market Continue Reading
Brazil Needs More LNG Amid Worst Drought in Decades
Brazil’s worst water crisis in almost a century is turning Latin America’s biggest economy into a hot spot for liquefied natural gas. As hydropower output declines, South America’s most populous Continue Reading
US gas storage fields post second consecutive above-average weekly injection
US natural gas storage fields injected just above the five-year average for the week ended May 28, but below-normal builds are expected in the weeks ahead as gas-fired power generation Continue Reading
U.S. Cities And States Clash Over Natural Gas
It all began in California. In 2019, the city of Berkeley enacted the first city-wide ban on new natural gas hookups in residential buildings. The aim was to reduce emissions Continue Reading
U.S. Natural Gas Storage Capacity Hardly Increased Since Start Of Shale Boom
Underground storage capacity for natural gas in the United States has stayed essentially flat between 2012 and 2020, and was little changed from 2019 to 2020, the U.S. Energy Information Continue Reading
Battle Brews Over Banning Natural Gas to Homes
A growing fight is unfolding across the U.S. as cities consider phasing out natural gas for home cooking and heating, citing concerns about climate change, and states push back against Continue Reading
WoodMac: Asia Needs To Invest More In Gas To Lower Emissions
Despite the call from the International Energy Agency (IEA) that no new funding for fossil fuels is necessary if the world wants to get on the net-zero 2050 pathway, Asia Continue Reading
Larger-than-expected US gas storage build prompts Henry Hub price drop
US natural gas storage fields injected 115 Bcf for the week ended May 21 — much more than expected — prompting Henry Hub futures to decline across the board May Continue Reading
Asia Braces For Expensive LNG This Summer
Economic recovery and a rebound in liquefied natural gas demand in the world’s largest LNG importing region, Asia, are set to keep spot regional LNG prices around current levels of Continue Reading