NATURAL GAS STORAGE NATURAL GAS PRODUCTION Natural Gas production remains weaker than in the past few months, with output below 100 Bcf/d. The number of working dry gas rigs has dropped to the lowest since January 2022 (102 rigs). As producers continue to shut down operations, the amount we inject will also drop, and the…
View detailsPROBLEMS CONTINUE AT THE FREEPORT LNG FACILITY Persistent problems at the Freeport LNG facility have indeed impacted prices. However, there is a silver lining. Despite a freeze in January and subsequent mechanical issues, two of the three LNG trains are set to come back online. The third train is currently experiencing problems, resulting in Freeport taking in…
View details🌟 TPI Stays Ahead of the Energy Curve 🌟 This week, Constellation Energy had the privilege of joining TPI’s State of the Company meeting, where we delved into the heart of the energy markets. It was an electrifying experience! ⚡ Industry experts shared invaluable insights into the dynamic landscape of electricity pricing, future market trends,…
View detailsEIA: NATURAL GAS STORAGE A substantial injection of +92 Bcf kept pricing deflated for the near future. Part of that injection came from the almost total shutdown of the Freeport LNG facility due to maintenance issues. The facility, the second largest on the Gulf Coast, has a capacity of 2.6 Bcf/d in LNG exports but…
View details🌍 Happy Earth Day! 🌱 At TPI, we’re committed to partnering with you on your journey towards sustainability! From energy-efficient LEDs 💡 to harnessing the power of solar panels ☀️, we offer solutions in renewable energy 🍃, EV charging 🚗, and managing Scope 1 & 2 emissions. Let’s work together to impact our planet positively!…
View detailsNATURAL GAS PRODUCTION The Natural Gas Market remained essentially unchanged. Weakening weather demand and inconsistent LNG demand allowed pricing to stay low, and even production jumped about 2 Bcf/d last week to quash any chance of a market rally that would see significant price increases. EIA NATURAL GAS STORAGE Weather demand petered out the previous…
View detailsNATURAL GAS PRODUCTION The Natural Gas market is undergoing a significant transformation, with drillers scaling back production. This has resulted in a consistent 4-5 weeks of production declines, culminating in last week’s output of less than 100 Bcf/d. This is a significant development, marking the lowest production levels since February 2023. The impact on storage…
View details🌿 Exciting developments in Maryland! 🎉 Environmental leaders and legislators strike a compromise to streamline environmental procedures for data centers, securing vital tax revenue for clean energy initiatives. Dive into the details via Maryland Matters:
View details🌐 MISO seeks regulatory approval for innovative grid reliability measurement approach! 🔄 More about MISO’s proposal and its potential impact on grid resilience during peak demand periods!
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