Attempting to predict the direction of natural gas prices is much like predicting the weather. A week out, the weather forecaster or gas price prognosticator might hit the number on the nose. Two weeks out, a Winter Storm Uri look-alike could plunge temperatures below freezing with 24 hours’ notice, and gas prices could jump to record highs.
Articles from 2022 Outlook
Heavy-duty fleet owners will likely continue to embrace natural gas vehicle (NGV) conversions in 2022, predicted the head of trade association NGVAmerica.
The U.S. natural gas industry is facing regulatory pressure on multiple fronts this year as global demand continues to rise.
Commitments to responsibly produce U.S. natural gas surged in 2021, and this year is expected to be even better, as the energy world works to reduce emissions, according to experts.
The U.S. midstream sector is involved in the development of renewable natural gas (RNG), hydrogen, responsibly sourced gas (RSG), carbon capture and other emissions-reducing projects in every region of the country. However, over the next 11 months, executives from some of the largest midstream companies said the focus is to intensify on engagement, collaboration and new partnerships that enhance the role of natural gas in the energy transition.
It promises to be another volatile year for the liquefied natural gas (LNG) trade as the market continues to rebalance with European storage inventories woefully short and much riding on the rest of this winter.
Natural gas and oil producers in the United States are likely to increase their overall capital spending this year as they face a supply chain squeeze, labor issues and higher prices for services, but the mantra to remain disciplined has not changed.
The liquefied natural gas (LNG) industry is poised for a milestone year on the path toward establishing emissions measurements across the value chain, particularly in the United States, where suppliers have made progress in a way that could give them a commercial advantage.
To ensure the United States holds its mantle as a top natural gas and oil producer, the American Petroleum Institute (API) plans to push for continued access to federal leasing and advocate that producers advance their work to reduce carbon emissions.
Nations may be working to transition to net-zero carbon, but recent events prove that it will be decades before oil and gas are replaced by alternative energies, according to IHS Markit Vice Chairman Daniel Yergin.