US Natgas Prices Jump 10% On Lower Output, Higher Demand and Technical Buying

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, LNG, Natural Gas, US News / By

(Reuters) – U.S. natural gas futures soared about 10% on Tuesday on a decline in daily output, forecasts for more demand next week, long-term forecasts for a hotter-than-normal summer and what some analysts called a technical bounce. Gas prices fell about 7% and closed below the 200-day moving average on Monday, which some analysts said …

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Stronger US Hurricane Season Could Mean More Oil Supply Outages

Conventional Energy, Latest, Oil, US News / By

(Reuters) – An expected stronger hurricane season than average raises the risk of weather-related production outages in the U.S. oil industry, the U.S. Energy Information Administration said on Tuesday. WHY IT MATTERS A large portion of U.S. oil production and the bulk of the country’s refineries are in areas prone to hurricanes along the U.S. …

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COMMENTARY: How Republicans Got Roped Into a Deal That Keeps the IRA—and Why There’s Still Time to Fix It – Alex Epstein

Latest, US News / By

The subsidized energy lobby used “framing” to win Republican negotiations before they even started. But it’s not too late to reframe the negotiation, starting from real IRA termination. By Alex Epstein The expectation: the Republican trifecta would terminate the vast majority of IRA subsidies When the Inflation Reduction Act (IRA) passed 3 years ago, no …

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