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"Growth in associated gas will cause an oversupply of gas going into next year because we don't see the same growth in demand until new LNG export plants enter service in the 2025-2030 time frame," said Rob Wilson, vice president of analytics at energy research firm East Daley. If Ca...
US natural gas storage likely saw a below average build of 19 bcf in the week to Aug. 9, according to a Reuters survey. The five-year average for this period is a 38 bcf week-on-week build. In 2023, stocks built by 25 bcf over the same period. If correct, that would take US ...
U.S. natural gas production and demand will drop in 2020 and 2021 from record highs last year as government steps to slow the spread of coronavirus cut economic activity and energy prices, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on J...
U.S. natural gas futures fell about 2% on Tuesday on forecasts for lower demand this week than previously expected on reduced amounts of gas flowing to liquefied natural gas (LNG) export plants due to ongoing repairs at Freeport LNG’s export plant in Texas and reductions at other plants. ...
The likelihood of an especially active Atlantic hurricane season raises concerns about weather-related disruptions in the U.S. oil and natural gas sector, according to federal energy officials.
US natural gas producers looking to become the primary suppliers to increasingly dependent overseas markets may still need to overcome tight pipeline capacity, volatility in oil markets and even growing competition from the US power sector. Large producers such as EQT and Chesapeake Energy...
The Canada trade: The US exports natural gas to Canada and imports from Canada due to the regional pipeline infrastructure in place. About 30% of US pipeline exports go to Canada. On net, the US imports more from Canada than it exports to Canada. ...
HOUSTON, Jan. 25 (Xinhua) -- U.S. Energy Information Administration (EIA) said on Thursday it expects the price of natural gas in the United States in 2018 and 2019 will be slightly lower than 2017. EIA made such expectation based on the forecasts in the latest Short-Term Energy Outlook...