The Energy Information Administration's (EIA) Natural Gas Storage Change Index is published weekly based on gas volumes available in underground storage facilities. The indicator demonstrates whether
historically has been a time of rising natural gas storage, in preparation for large drawdowns during the winter heating season. That's because more heating is done by natural gas than by heat pumps that rely solely on electricity. But as natural gas has begun replacing coal on the electric...
The U.S. Energy Information Administration (EIA) is cutting its projected average Henry Hub natural gas spot price to $2.20/ MMBtu for 2024, down 5.2% from the $2.30 average price the agency modeled a month earlier. In the April release of its Short-Term Energy Outlook (STEO), published...
Lower 48 working natural gas in storage finished the traditional injection season -- April 1–Oct. 31 -- at 3,920 Bcf, near the record-high of 4,047 Bcf reached in 2016, the U.S. Energy Information Administration (EIA) said Monday. Storage has run high this fall in part becaus...
The total working gas storage decreased by 4.6 percent from this time last year, or up 3.1 percent above the five-year average, according to the EIA's Weekly Natural Gas Storage Report. The United States is now the world's leading exporter of liquified natural gas (LNG) as LNG exports fr...
At 1,155 billion cubic feet, total working gas storage decreased by 13.7 percent from this time last year, or 29.6 percent below the five-year average, but still within the five-year historical range, according to EIA's Weekly Natural Gas Storage Report. ...
Draws from US natural gas storage aligned closely to market expectations in the final full week of January, narrowly outpacing the five-year average as peak-season heating demand faded. The US Energy Information Administration Feb. 1 reported a 197 Bcf withdrawal from domestic inventory in the wee...
United States EIA Natural Gas Storage Change came in at 35B, above forecasts (33B) in August 23 Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes...
This was the largest draw of the current heating season and was the largest pull ever reported for the corresponding week. United States Natural Gas News
Before losing its quorum last month, FERC certificated more than 7 Bcf/d of new natural gas pipeline capacity in 2017, according to a Today in Energy note issued Tuesday by the U.S. Energy Information Administration (EIA). According to EIA, the Federal Energy Regulatory Commission has certific...