EIA: Natural Gas Production
EIA: More natural gas rigs are now operating in the United States than before the pandemic
TPI’s Market Snapshot for Monday, Sept. 12, 2022
Natural Gas: MARKET HOVERING AROUND $8.00 STRONG PRODUCTION NUMBERS BRING THE NATURAL GAS MARKET DOWN Production numbers remained strong last week, and the upcoming fall temperatures helped limit any growth in the market as the market dropped on Monday and hovered around $8.00 Production topped 100 Bcf/d at points during the week, reaching highs for…
Market Snapshot: Week of September 6, 2022
SUMMER TEMPS REMAIN HIGH INTO MID-SEPTEMBER Weather remains in the 80s – 90s in the South and Southwest. These temperatures are a break from the triple-digit weather they have seen much of the summer. In addition, with milder temperatures in the Great Lakes and Northeast, national demand has declined, helping our storage numbers. VOLATILITY CONTINUED…
EIA LNG Export
EIA Report: As of July 2022, the United States has more LNG export capacity than any other country and has exported more LNG than any other country.
Market Snapshot: August 29, 2022
WEATHER UPDATE: WARMER TEMPERATURES COVERING MOST OF THE US In an era of persistent demand and hot summers, pricing is expected to remain high. Especially as July came in as the third hottest on record. Experts predict the supply concerns and increased demand for LNG could eventually drive pricing up this winter past $13.00 With…
Market Snapshot: Week of August 22, 2022
WE’RE BACK TO HIGHER-THAN-NORMAL TEMPS ACROSS THE US In an era of persistent demand and hot summers, pricing is expected to remain high. Especially as July came in as the third hottest on record. Experts predict the supply concerns and increased demand for LNG could eventually drive pricing up this winter past $13.00 OCTOBER RE-OPENING…
Market Snapshot: August 15, 2022
LOW STORAGE REPORT AND PRODUCTION MAINTENANCE SENDS THE MARKET HIGHER INCONSISTENT PRODUCTION KEEPS THE PRICING HIGH The market jumped more than a dollar last week as production cutbacks interrupted day-to-day production. As a result, the market moved more than a dollar from Tuesday to Friday. The South and Midwest see cooler temperatures, but much higher…
Market Snapshot for August 9, 2022
Market Snapshot Weather Forecast MIDDLE AMERICA GETS SOME RELIEF While this summer had brought record heat to many parts of the U.S., this may be the new normal. Temperatures have increased by 1.7 degrees Celsius (almost three degrees Fahrenheit) since 1970. The atmosphere can store about 7 percent more water for every degree Celsius. This…