Natural gas rates will rise as temperatures fall Huge recent demand boosts wholesale priceRICH LADEN THE GAZETTE
The global liquefied natural gas (LNG) market will continue growing into the 2040s, mostly driven by China's industrial decarburization and the increasing demand in other Asian countries, according to a recently released report. Global...
It is explained that a drilling or production slow down directly affects individual rights under the oil and gas lease. It is mentioned that the U.S. Energy Information Administration is projecting a decline in wellhead natural gas prices beginning in 2006 and continuing until 2011....
Financial Associated Press, September 16 - Mike Wirth, CEO of oil giant Chevron, said on Wednesday that the world is expected to face high energy prices in the foreseeable future because oil and gas producers have no intention to increase the scale of drilling....
Rising natural gas prices affect us all—and electricity bills too. Here’s why it’s happening and what to do about it in plain language. Natural gas price forecast for 2022-23 included.
Financial Associated Press, September 8 - Guotai Junan Securities Research Report said that the global natural gas price will rise sharply in 2021, and if the winter is cold, it will not rule out the possibility of further rise. It is expected that the LNG supply will remain tight in 2022...
And, those things are sort of dampening what should be quite an important boost from the decline that we've seen in global gas prices. And that was a big negative shock in 2023. That the jump, the massive surging in natural gas prices in the 2nd half for 2022, was a huge shock that...
natural gas also remains strong, and EIA expects 2022 U.S. liquefied natural gas (LNG) exports to increase 16% over 2021 levels. EIA forecasts that natural gas prices will rise to $4.70/MMBtu on average in February, then average around $3.80/MMBtu for the last three quarters of the ...
"At this moment, given things can change, I think the national average could rise to $4.50/gal, but could go higher if there are escalations in the situation," he said. Gas prices are advertised at over $6 a gallon Monday, March 7, 2022, in Los Angeles.(AP Photo/Marcio Jose Sanchez...
My guess: gas prices will rise again. I can see the demand destruction, but for now I remain doubtful that it is big enough to cause a lasting decline in the price of gasoline. I would not be surprised if the price starts heading higher again. Crude oi...