US natural gas storage volumes declined less than the market expected for the second consecutive week, weighing again on prices as only three net draws likely remain before injection season Continue Reading
The gas supply shortness in the US Southwest that has been driving up prices and pulling Permian Basin volumes that would otherwise be going to Gulf Coast demand centers is Continue Reading
Despite February’s deep freeze drastically reducing Midwest gas storage volumes, mild weather in March looks to flip the deficit back in line with historical norms as supply grows and regional Continue Reading
Working gas operators reported the second-largest weekly net withdrawals for the Lower 48 states following a week characterized by widespread extreme cold throughout most of the country, which increased heating Continue Reading
The extreme winter weather last week resulted in the second-largest withdrawal of natural gas from storage in the U.S. as demand spiked, the Energy Information Administration (EIA) said on Friday. Continue Reading
Haynesville, Permian gains lift output to 92.7 Bcf/d Henry Hub balance-2021 curve falls below $3/MMBtu Forwards, futures markets shrug off storage risk A rapid recovery in output from shale basins Continue Reading
Natural gas production in Texas collapsed by 45 percent during the cold snap last week, primarily due to freeze-offs, the Energy Information Administration (EIA) said on Thursday, citing estimates from Continue Reading
Highlights Prices retreat following epic winter storm Production rebounds quickly following freeze-offs The US natural gas storage industry posted its second-largest draw on record last week, but the Henry Hub Continue Reading
Texas, the fossil fuel center of the US, was let down by its natural gas delivery system during last week’s energy crisis, according to the head of the country’s top Continue Reading
Surplus to five-year average will switch to deficit Prices retreat following polar vortex US natural gas stocks posted a massive draw last week, likely well north of 300 Bcf, as Continue Reading
