Is Another LNG Glut Looming?
Global natural gas demand is set to return to pre-crisis levels as early as this year and will continue to rise in the coming years, thanks to the coal-to-gas switch Continue Reading
Natural Gas Prices Plunge 99% in Oklahoma as Supply Recovers
The worst of the squeeze on natural gas supplies appears to have passed as spot prices in Oklahoma plunged 99% on Thursday, ending a dramatic rally amid the chaos caused Continue Reading
No LNG Tankers Are Loading at U.S. Export Terminals Amid Freeze
Right now there are no liquefied natural gas tankers docked and loading at any of the six U.S. export terminals for the first time since global demand for the superchilled Continue Reading
US gas production stabilizes, easing domestic supply crunch and lower prices
Spot natural gas prices across much of the Central and Western US fell sharply Feb. 18, as domestic production stabilized and heating demand continued to ease amid warming temperatures. Receive Continue Reading
Appalachian Fracking Boom Was a Jobs Bust, Finds New Report
The decade-long fracking boom in Appalachia has not led to significant job growth, and despite the region’s extraordinary levels of natural gas production, the industry’s promise of prosperity has “turned Continue Reading
Texas Clamps Down on Out-of-State Gas Sales Amid Shortages
Texas is restricting the flow of natural gas across state lines in an extraordinary move that some are calling a violation of the U.S. Constitution’s commerce clause. Texas Governor Greg Abbott Continue Reading
Texas Governor mandates gas to be offered to power producers before leaving state
Texas Governor Greg Abbot has ordered all sourced natural gas in Texas be made available to local power generators before leaving the state, according to an official correspondence sent by Continue Reading
New Climate Satellite Spotted Giant Methane Leak as It Happened
Methane leaks from at least eight natural gas pipelines and unlit flares in central Turkmenistan earlier this month released as much as 10,000 kilograms per hour of the supercharged greenhouse Continue Reading
Historic cold overwhelms Western US gas markets, driving price to record highs
Natural gas prices across much of the Western US surged to record highs in Feb. 12 trading as arctic weather fueled extreme localized demand, pushing supply and deliverability to their Continue Reading
US working natural gas volumes in underground storage decline 171 Bcf: EIA
Last week’s draw from US working natural gas in storage proved strong enough to reduce the year-on-year surplus to a deficit while the possibility for the largest weekly draw ever Continue Reading