US natural gas storage total forecast to rise 75 Bcf on week to 2.932 Tcf: surveyThe 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 in progress as Hurricane Dorian dampens demand in ...
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 $2.51. On the downside, imme...
The US natural gas market is projected to register a CAGR of over 5% during the forecast period. The market was negatively impacted by COVID-19 in 2020. Presently the market has reached pre-pandemic levels. The growing demand for cleaner energy sources and the use of natural gas to generate...
The likelihood of an especially active Atlantichurricaneseason raises concerns about weather-related disruptions in theU.S.oil and natural gas sector, according to federal energy officials. NOAA's official hurricane forecastcalls for 17-25 named storms this year, of which 8-13 may become hurricanes...
23 (Forecast) Week ended Oct. 16 (Actual) Year ago Oct. 23 Five-year average Oct. 23 +40 +49 +89 +6 Source: Reuters U.S. Natural Gas Next-day Prices ($/MMBtu) Hub Current Day Prior Day Henry Hub $2.91 $2.99 Transco Z6 New York $1.20 $0.78 PG&E Citygate $4.11 $4.18 ...
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 ...
Since there are a wide variety of factors that go into a forecast, it’ s possible for meteorologists(气象学家) to guess wrong from time to time. Fortunately, modern technology has allowed forecasters to become much more accurate over the last decade.Today, meteorologists use complicated ...
"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.
That would be the first annual decline in consumption since 2017 and the first time demand falls for two consecutive years since 2006. The EIA’s gas supply projection for 2020 in July was lower than its June forecast of 89.65 Bcf/d, while its latest demand outlook for 2020 was higher ...
With seasonally warmer weather coming, LSEG forecast gas demand in the Lower 48, including exports, would fall from 102.6 bcfd this week to 101.0 bcfd next week. The forecast for this week was lower than LSEG’s outlook on Monday.