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CSU Forecasters Expect Below-Average Tropical Storm Activity This Year

An El Nino event -- the warming of water temperatures in the central and equatorial Pacific Ocean -- is likely to limit the number of hurricanes that form in the Atlantic Basin this year, according to forecasters at Colorado State University (CSU), more good news for the U.S. natural gas industry, which is increasingly insulated from the impact of tropical storms. Read More

EIA Expects Nearly 2,600 Bcf NatGas Injection Season

Unusually cold weather that remained in place over portions of the country into the last days of winter helped drive working natural gas in storage to an estimated 826 Bcf at the end of March, the lowest level in 11 years. But a rebuild of nearly 2,600 Bcf over the injection season is expected to push inventories up to 3,422 Bcf by the end of October, according to the Energy Information Administration (EIA). Read More