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EIA: Natural Gas Exports Set Record

U.S. natural gas exports established a new record in 2021, averaging 10.5 billion cubic feet per day (Bcf/d). This volume was driven by record LNG exports, including significant delivery growth to Asia and Europe. Also, growing volumes of U.S. LNG have been imported into Europe to build up storage inventories in Europe, which were low…

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Market Snapshot: November 14, 2022

 Electricity Headlines: Forward Power Price Forward power prices were down in all regions besides ERCOT and CAISO which saw increases of 3.3%-4.1% and 3.2%-3.5%, respectively. MISO prices fell 1.3%, and PJM fell between 0.8%-.0.9%  The EIA reported that U.S. electricity customers averaged seven hours of power interruptions in 2021  Weather: Outlook for November 14-20: Colder…

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Market Snapshot: November 8, 2022

Natural Gas Headlines:  WORKING NATURAL GAS STOCKS POST SECOND-LARGEST WEEKLY NET INCREASE ON RECORD   SUPPLIER STORY: AEP RECENT NATURAL GAS PRICING  On Monday, November 7, markets are rallying to start the week following a sizeable weather-driven demand gain in weekend weather model runs for the 6–15-day period. As a result, in December 2022, natural gas…

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