Natural Gas

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US Natgas Prices Fall 3% as Hurricane Threatens LNG and Power Demand

U.S. natural gas futures slid about 3% on Monday on expectations a storm forecast to hit Louisiana later this week will cut demand by causing power outages and reducing the amount of gas flowing to liquefied natural gas (LNG) export plants. That price decline came despite forecast for more demand next week than previously expected …

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Divesting From Energy Firms Counterproductive, Could Increase Emissions: Yale Professor

Study finds that when high-polluting firms have easy access to public investor money, emissions go down By Deborah Jaremko Follow CEC on LinkedIn  CEC LinkedIn Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Kelly Shue is a professor of finance at the Yale School of Management. Photo courtesy Yale School of Management A finance …

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US Natural Gas Prices Rise 1% to 8-Week High on Higher LNG Feedgas, Lower Output

(Reuters) – U.S. natural gas futures edged up about 1% to an eight-week high on Friday as the amount of gas flowing to liquefied natural gas (LNG) export plants rises and producers continue to curtail output. That small price gain occurred despite bearish forecasts for cooler weather over the next two weeks than previously expected, …

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Trump’s Big Energy Plan Is… Recession?

Sharp declines in gasoline prices tend to come with economic downturns or other nasty market shocks, not by presidential decree. By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. Former President …

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High Fossil Fuel Use Highlights U.S. Power Transition Challenge

(Reuters) – Fossil fuels continue to rule the roost in the United States’ power sector, despite clean energy sources being rolled out at the fastest pace in history. For the past decade, U.S. power generators have prioritized clean power sources over fossil fuels, and since 2014 they have lifted clean electricity generation capacity by over …

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Canada Oil Industry Group Calls for Changes to Anti-Greenwashing Laws

(Reuters) – The Canadian Association of Petroleum Producers (CAPP) on Thursday urged the country’s Competition Bureau to make changes to anti-greenwashing legislation passed earlier this year, and repeated calls for recent amendments to the law to be scrapped entirely. CONTEXT The Competition Bureau is developing guidance on how companies should interpret recent changes to Canada’s Competition …

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US Natgas Prices Jump 6% to 7-Week High on Small Storage Build, Rising LNG Feedgas

U.S. natural gas futures jumped about 6% to a seven-week high on Thursday on a smaller-than-expected storage build, rising gas flows to liquefied natural gas export plants and a continued decline in output so far this month. That price spike came despite forecasts for less hot weather over the next two weeks than previously expected, …

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Texas Matterhorn Natgas Pipe Moving Some Gas, Say Permian Resources Executives

(Reuters) – The Matterhorn natural gas pipeline in Texas was moving small amounts of gas from the Permian basin in West Texas toward the Gulf Coast, executives at U.S. energy company Permian Resources said at the Barclays CEO Energy-Power Conference earlier this week. The Matterhorn is the biggest gas pipe under construction that is capable …

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Williams to Add 4.2-bcfd of US Natgas Projects in 2024-2027, CEO Says at Barclays Conference

(Reuters) – U.S. natural gas company Williams Cos is on track to add 12 projects representing about 4.2 billion cubic feet per day (bcfd) of capacity from 2024-2027, company CEO Alan Armstrong said at the Barclays CEO Energy-Power Conference on Wednesday. The additions come after the company placed 17 projects representing about 5.0 bcfd of …

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Coterra to Maintain Production Shut-ins Amid Weak Natural Gas Prices

(Reuters) – U.S. oil and gas producer Coterra Energy CEO Tom Jorden said on Wednesday the company plans to maintain its natural gas production shut-ins until there is an improvement in prices. Natural gas prices in the United States have stayed below $2 per million British thermal unit for most of the year due to …

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