EIA: 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…
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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!
View detailsNATURAL GAS STORAGE We are now in the injection season with a substantial +669 Bcf surplus over the five-year average. This surplus and robust oil production numbers will likely keep prices relatively stable, hovering within a dollar or two of these prices until at least next spring. OUR GAS SURPLUS Production cuts are taking place…
View detailsOhio’s attorney general sues an oil and gas waste processor for “egregious violations” of state law in handling hazardous and radiologic waste. Read the story > >
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