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U.S. natural gas futures fell nearly 5% to a more than a one-week low on Monday, pressured by an increase in output and forecasts for less cold weather expected to lower heating demand over the coming week. Front-month gas futures for January delivery on the New York Mercantile Exchange were down 15.2 cents, or 4.5%, …
U.S. Natgas Drops Nearly 5% on Forecasts for Less Cold Demand, Rising Output Read More »
U.S. President-elect Donald Trump said on Saturday he discussed the border, trade and energy in a “very productive” meeting with Canadian Prime Minister Justin Trudeau amid fears of a trade war. Trudeau paid an unannounced visit to Florida on Friday evening and had dinner with Trump at his Mar-a-Lago residence, days after Republican Trump pledged …
Trump Discussed Border, Trade with Canada’s Trudeau After Pledging Steep Tariffs Read More »
Canadian Prime Minister Justin Trudeau visited Donald Trump’s Florida resort on Friday to meet with the U.S. President-elect, days after Trump threatened to slap tariffs on Canadian imports over border-related concerns.Trudeau, whose public itinerary did not list a scheduled visit to Florida, was seen leaving a hotel in West Palm Beach, Florida, to go to …
Canadian PM Trudeau Visits Florida to Meet With Trump Amid Tariff Threat Read More »
HOUSTON, Nov 29 (Reuters) – Gas demand from the U.S. largest liquefied natural gas producers soared on Friday to near-record levels on cooler weather and fewer outages, according to preliminary data from financial firm LSEG. LNG export plants were expected to draw 14.6 billion cubic feet on Friday, the highest for the year and just …
(Reuters) – U.S. natural gas futures climbed more than 3% on Friday and were on track for a monthly gain, driven by forecasts for colder weather that should boost heating demand and force utilities to start pulling more gas from storage. Front-month gas futures for January delivery on the New York Mercantile Exchange were up …
US Natgas Climbs More Than 3% on Cold Weather Forecast, Set For Monthly Gain Read More »
The incoming administration’s “drill, baby, drill” demand will fall on deaf ears unless rising prices encourage more production. By Liam Denning There is a certain mental model of the US energy system that envisions a giant valve hidden beneath the Resolute Desk. The notion that the president can smoothly dial energy flows and prices up and …
Keeping sanctions on Moscow’s LNG production would help Washington sell more US fuel to the world. Liquefied natural gas has turned America into an energy export superpower, and President-elect Donald Trump wants to ship even more of the super-cooled fuel to the world. Tightening — or just maintaining — sanctions on Russian production would help. …
(Reuters) – Donald Trump’s transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands, according to two sources familiar with the plans. The …
Trump Prepares Wide-Ranging Energy Plan to Boost Gas Exports, Oil Drilling, Sources Say Read More »
Some US utilities say rising demand from data centers means fossil fuels will be needed for longer Big US utilities’ climate goals are in peril as artificial intelligence turbocharges electricity demand and Donald Trump’s reelection signals policy shifts that would favor fossil fuels. These companies all have ambitious targets to cut their carbon emissions, most often to reach …
Trump and the AI Power Boom Are Putting Utility Climate Goals at Risk Read More »
Deal enables EQT to pay down a term loan and credit facility It will give Blackstone stakes in Mid-Atlantic gas pipelines Funds managed by Blackstone Inc. agreed $3.5 billion of investment as part of a new joint venture with EQT Corp., enabling the US natural gas producer to reduce its debt. The deal will give the private equity …
Blackstone, EQT Form $3.5 Billion Gas Pipeline Venture Read More »
