Despite the lack of clarity on the long-term impacts from this week’s Arctic storm, news that power had been restored to most Texas residents on Thursday and warmer weather seen moving into the Lower 48 by next week sent natural gas futures prices crumbling. A huge bearish miss in the latest government storage data sealed…
Abbott
Articles from Abbott
LNG Tanker Finally Departs Gulf Coast, but Export Operations Largely at Standstill
Gulf Coast liquefied natural gas (LNG) export operations were again near a standstill on Thursday as plants were working to comply with Texas Gov. Greg Abbott’s order banning out-of-state gas sales and handling issues related to an Arctic blast that’s still gripping the region. Just one LNG vessel has been loaded on the Gulf Coast…
February 18, 2021
Weather Models Warm as Natural Gas Futures Retreat; ERCOT Makes ‘Significant Progress’ in Power Restoration
As overnight weather data shifted warmer, and as traders mulled the implications of an export ban out of Texas, natural gas futures pulled back a few cents in early trading Thursday. The March Nymex contract was down 4.3 cents to $3.176/MMBtu at around 8:50 a.m. ET. The major weather models trended warmer overnight, lowering demand…
February 18, 2021
Texas Governor Berates Trump Over Tariffs
Republican Gov. Greg Abbott of Texas, a supporter of President Trump, on Thursday said the administration’s new tariffs on steel and aluminum imports could threaten future economic growth in the state and across the country.
June 29, 2018
Texas Officials Host Trade Discussions With Mexican Ambassador, Oil/NatGas Industry
In a pair of meetings held in recent days officials from Texas, Mexico and representatives of several energy companies discussed oil and natural gas trade across the international border.
September 22, 2017
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
