The U.S. Energy Information Administration has lowered its forecast for natural gas spot prices in response to slower overall expected economic growth and better than expected inventories for the winter. The average spot price for natural gas at Henry Hub is expected to reach $6.49/MMBtu for ...
The US natural gas market is projected to register a CAGR of over 5% during the forecast period. The market was negatively impacted by COVID-19 in 2020. Presently the market has reached pre-pandemic levels. The growing demand for cleaner energy sources and the use of natural gas to generate...
Natural Gas Price Forecast Natural Gas (NG) Price Chart Natural Gas (NG)is trading at $2.47, up 0.12%. The 4-hour chart identifies key price levels with a pivot point at $2.32. Immediate resistance is at $2.40, with further resistance levels at $2.45 and $2.51. On the downside, imme...
The likelihood of an especially active Atlantichurricaneseason raises concerns about weather-related disruptions in theU.S.oil and natural gas sector, according to federal energy officials. NOAA's official hurricane forecastcalls for 17-25 named storms this year, of which 8-13 may become hurricanes...
9 substantially increased its forecast for natural gas production in 2021 and 2022 amid expectations of more associated gas production in the Permian Basin, and trimmed its gas price forecasts for the current year. The EIA, in its February Short-Term Energy Outlook, raised by 3.60 Bcf/d to ...
U.S. coal production is expected to fall 29% to 501 million short tons in 2020, which would be its lowest since 1967, before rising to 536 million short tons in 2021 when power plants are expected to burn more coal due to a forecast increase in gas prices, EIA said. ...
The U.S. Energy Information Administration (EIA) said utilities added just 29 Bcf of gas into storage during the week ended Aug. 20. That was much lower than the 40 Bcf build analysts forecast in a Reuters poll and compares with an increase of 45 Bcf in the same week last year and a...
The US natural gas consumption is accurately predicted. Abstract To forecast the seasonal fluctuations of US natural gas consumption accurately, a novel gray model based on seasonal dummy variables and its derived model are separately established. Then, the approximatetime responseformula in the proposed...
"After reviewing the responsiveness of fossil fuel generation to natural gas prices, we now expect more power generation from coal and less from natural gas than we did in our previous forecast, especially during the winter," EIA said.
US natural gas storage total forecast to rise 75 Bcf on week to 2.932 Tcf: survey The amount of natural gas in US storage facilities likely increased at a pace well above average last week, with an even larger build expected for the week... B Evans - 《Platts Energy Trader》 被引量:...