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
June 6, 2022 Market Snapshot
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 News: New Pipelines Coming
EIA reports that FERC Approves new natural gas pipeline projects to increase exports.
Market Snapshot for May 23, 2022
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 until...
Ohio Energy News: 270,000+ Cut Offs During Pandemic
Seven gas and electric companies cut off 270,000 Ohioans amid the pandemic and still saw billions in profit Gas, electric companies cut off 270,000 Ohioans amid pandemic and billions in profit
Market Snapshot / TPI Takeaway for Monday, May 16, 2022
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 2022Pricing in 2023 will average $4.74 once production begins to catch up to demand.The cause of this high average is the supp...
In The News: EIA Naturgal Gas Record
EIA reports Natural gas consumed by U.S. electric power sector sets a January 2022 record
TPI Market Snapshot for May 2, 2022
Weather: AVERAGE TEMPERATURES THROUGHOUT AS THE AVERAGE TEMP RISES. We can look forward to milder weather, with the last of the sub-freezing cold fronts hopefully past. Unfortunately, the late start to warmer temperatures has kept heating demand high, adding to our supply woes that are the worst since at least 2018. WHAT GOES UP...
In The News: EIA LNG
EIA: Liquefied natural gas exports continue to increase U.S. natural gas exports. https://www.eia.gov/todayinenergy/detail.php?id=52118
In The News: Gas Rates Expecting to Jump 13% or More Next Winter
Don’t wait to get your natural gas rate locked in for the coming winter: PECO requests natural gas delivery rate increase. Bills could go up 13%!
