Natural Gas News: Freeport LNG targets mid-December restart for Texas export plant. U.S. liquefied natural gas (LNG) company Freeport LNG said it was targeting a mid-December restart for its Texas export plant, which has been shut for six months after a fire, pending regulatory approval. Freeport, the second-biggest U.S. LNG export facility, closed in June…
DetailsThe Illinois Attorney General and Public Citizen contend FERC should order Dynegy to disgorge $428.6 million. Vistra, which bought Dynegy, denies the allegations. The story >>
Pennsylvania-based Hershey says its solar development and energy and water optimization projects have sharply reduced its emissions.
Natural Gas Headlines: Henry Hub The 12-Month natural gas futures strip closed at $5.41 per MMBtu, an increase of $0.01 per MMBtu compared to the prior week. Additionally, the 12 Month strip increased by $0.01, the 2023 strip decreased by $0.00; the 2024 strip increased by $0.02, and the 2025 strip increased by $0.05. Natural…
DetailsAmerican and Canadian officials announced plans to establish a green shipping corridor along the Great Lakes and St. Lawrence River that relies on zero-emission fuels and technologies to reduce or eliminate emissions. https://www.nny360.com/news/stlawrencecounty/great-lakes-st-lawrence-green-corridor-initiative-announced-at-u-n-conference/article_4f40d19a-39b9-508b-aece-e91dfc3bf28f.html
DetailsU.S. heating oil prices were 65% higher this October than in October of last year, according to our Heating Oil and Propane Update (HOPU). Residential heating oil prices rose to an annual high of $5.90 per gallon (gal) on November 7, 2022, because of tight inventories, low imports, and limited production capacity. The complete story >>
DetailsCritics say an Ohio gas utility’s plan to raise fixed costs by up to $20 a month is “obscene” and would hit ratepayers twice on top of skyrocketing fuel costs.
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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