During the first four months of 2022, the United States exported 74% of its liquefied natural gas (LNG) to Europe, compared with an annual average of 34% last year. https://www.eia.gov/todayinenergy/detail.php?id=52659 #EIA #LNG #naturalgasexports #europe #naturalgas
TPI Takeaway WARMER TEMPS FROM THE SOUTH WILL MEAN MORE COOLING DEGREE DAYS Warmer weather will increase the amount of demand for Natural Gas as air conditioners turn on all over the country. This higher demand could push the market above $9.00 this week. MARKET BOUNCES IN MID $8.00 RANGE, AND WILL LIKELY MOVE HIGHER…
EIA reports that FERC Approves new natural gas pipeline projects to increase exports.
Natural Gas WINTER 22-23 WORRIES CONTINUE TO PRESSURE THE MARKET UPWARDS NO RELIEF IN SIGHT. Worries about the lack of injections and possible storage shortages for next winter kept the Natural Gas price hovering near $8.00 for the week. Increased LNG exports will make up the bulk of increased demand in 2022, keeping pricing high…
What’s causing prices to rise and what can you do to ease the effects on your bill?
Seven gas and electric companies cut off 270,000 Ohioans amid the pandemic and still saw billions in profit
EIA PROJECTS ABOVE $8.00 PER MMBTU FOR THE 2ND HALF OF 2022 PRICES WILL HURT UNTIL SPRING 2023. The EIA is projecting that average pricing will be $7.83 in 2Q 2022 and will average $8.59 in the second half of 2022 Pricing in 2023 will average $4.74 once production begins to catch up to demand.…
EIA reports Natural gas consumed by U.S. electric power sector sets a January 2022 record