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Canadian Natural Gas Production Holds Strong, on Track for Record Year Despite Price Weakness
Natural Gas Prices
May Natural Gas Futures Jump After Storage Print Lands Near Expectations
Utilities injected 50 Bcf of natural gas into storage for the week ended April 12, the U.S. Energy Information Administration (EIA) reported on Thursday. The result, near market expectations and avoiding the previous week’s bearish print, sent futures higher. Ahead of the 10:30 a.m. ET government report, May Nymex futures were trading 4.9 cents higher…
April 18, 2024Earnings
From LNG to Data Centers, Kinder Morgan Bullish on Natural Gas Growth
Producers of natural gas may be struggling with low prices, but for pipeline operators like Kinder Morgan Inc. (KMI), the outlook is anything but bearish. The Houston-based midstreamer, which transports about 40% of the natural gas consumed in the United States, kicked off the first quarter earnings season with stellar results and a positive message…
April 18, 2024Infrastructure
Portion of Plaquemines LNG’s 2 Bcf/d Pipeline Project Ready for Service, Venture Global Says
The chances of feed gas being introduced to Venture Global LNG Inc.’s Plaquemines LNG project by the end of the year could be rising as the firm awaits approval to place a portion of its pipeline in service. Venture Global asked FERC to allow it to begin introducing natural gas to the 11.7-mile, 42-inch diameter…
April 18, 2024Natural Gas Prices
March CPI Data Show Energy Inflation Reawakened Despite Depressed Natural Gas Prices
Stable natural gas prices were not enough to offset spikes in other energy costs in March, pushing the government’s measure of energy prices higher for the first time in a year. The U.S. Department of Labor said the Consumer Price Index (CPI) increased at a rate of 3.5% in the 12-month period through March. That…
April 18, 2024Trending News
Natural Gas Prices
May Natural Gas Futures Jump After Storage Print Lands Near Expectations
Apr 18, 2024Infrastructure
Portion of Plaquemines LNG’s 2 Bcf/d Pipeline Project Ready for Service, Venture Global Says
Apr 18, 2024Natural Gas Prices