Analysis of natural gas prices and also developments in the natural gas sector. Shale gas and new fracking techniques are covered in detail.
It's the cheapest Thanksgiving for drivers since 2020 amid gas slump Gas prices hit an average of $3.27 a gallon this Thanksgiving, marking the cheapest prices since the pandemic despite an uptick in holiday travel. Nov 23, 2023 How Fed may respond to low October inflation The Labor...
Right after Hurricane Katrina, gas prices spiked to more than $4.00 per gallon, adjusted for inflation.34 As pandemic restrictions took effect, demand for oil fell in the first quarter of 2020.5 A drop in demand was worsened by a supply glut, even though producers cut back on production....
“There for a while, every two days I put $50 of gas in my car. It’s $12 to run from the airport to drop off in the city -- $12 a trip!” Oil prices began rising in mid-2020 as economies recovered from the initial shock of the pandemic. They rose again when the U.S. ...
Gas prices in Orange County have reached a record high. The average price of self-serve regular is $4.70 a gallon, beating the previous record set in 2012,CBS Los Angeles reports. That has given way to a shocking sight: $4.99 a gallon for regular gas at a Chevron station in Costa Mesa...
Prices rose in the previous three sessions amid predictions of colder weather over the Martin Luther King Jr. Day weekend, which is expected to freeze gas wells and pipes, driving up heating demand. Meanwhile, federal data showed a significant withdrawal of 258 billion cubic feet (bcf) of gas...
Oil prices had been rising since April 2020, as economies around the world recovered from the shock of the pandemic, and reopened — slowly at first, then more rapidly. Demand for energy outstripped supply, pushing prices higher through all of 2021 and early this year. Then in late February...
Prices at the pump were rising long before Russia invaded Ukraine. Crude prices plummeted in early 2020 as economies around the world shut down because of COVID-19 — the price of futures even turned negative, meaning some sellers were paying buyers to take oil. Prices rebounded, however, as...
day (Bcf/d) in the last five years.10However, the takeaway capacity of natural gas remains highly constrained in the basin, with natural gas pipeline utilization exceeding 90% in 2024, pushing regional Waha Hub spot prices below zero.11As of early September 2024, prices at the Waha Hub ...
day (Bcf/d) in the last five years.10However, the takeaway capacity of natural gas remains highly constrained in the basin, with natural gas pipeline utilization exceeding 90% in 2024, pushing regional Waha Hub spot prices below zero.11As of early September 2024, prices at the Waha Hub ...