Natural gas industry advocates are taking aim at a trio of U.S. Department of Energy (DOE) rules that petitioners argue would raise prices and eliminate consumer choice. The American Gas Association (AGA), American Public Gas Association (APGA), the National Propane Gas Association, natural gas utility Spire Inc. and furnace manufacturer Thermo Products LLC filed petitions…
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Natural Gas in Crosshairs as DOE Aiming to Decarbonize Commercial, Residential Buildings
The U.S. Department of Energy (DOE) has unveiled a national blueprint to slash greenhouse gas (GHG) emissions from buildings by 65% by 2035 and 90% by 2050, with potentially significant implications for natural gas demand. Residential and commercial buildings account for roughly 29% of total U.S. natural gas consumption and 42% of end-use sector gas…
Federal Regulators Urge Enhanced Winterization Standards for Natural Gas, Electricity Systems
The energy sector remains vulnerable to extreme cold weather and must remain steadfast in implementing the previous recommendations outlined by federal regulators to shore up reliability, particularly those addressing the interdependence of natural gas and electricity. In a final report published Tuesday on Winter Storm Elliott, which ravaged the U.S. East Coast and whose impacts…
AGA Identifies Low-Carbon Natural Gas Supply, Infrastructure as Part of the Path Forward
The right incentives could allow natural gas utilities to use existing infrastructure to advance low-carbon fuels and fight climate change, according to a study commissioned by the American Gas Association (AGA). AGA consulted Concentric Energy in discovering key regulatory frameworks that would encourage the production of low carbon products. “This study leaves no doubt that…
Strong Natural Gas Production Should Help Balance Market Against Chilly Winter, LNG Demand, AGA Says
Heating demand could prove stronger this winter than last, given National Weather Service (NWS) forecasts for colder temperatures in northern markets. But robust production levels this fall should help balance prices and meet domestic market needs and increased international demand for LNG. That assessment is according to the American Gas Association’s (AGA) winter outlook, delivered…
AGA Outlook Calls for Chilly Winter, but Strong Natural Gas Production to Help Balance Market
Heating demand could prove stronger this winter than last, given National Weather Service (NWS) forecasts for colder temperatures in northern markets. But robust production levels this fall should help the market meet demand and could help keep consumer prices from rising more than they already did this year. That assessment is according to the American…
COLUMN: Cenagas Sparks New Market Opportunities in Mexico Natural Gas Through Consulta Pública
Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process.
July Natural Gas Futures Climb Back Into the Green on Increased Heat Outlook
After finishing flat a day earlier, Natural gas futures mustered new momentum on Friday, ending the week in positive territory as mid-range forecasts for more heat outshined persistently weak demand for liquefied natural gas (LNG) amid fallout from the coronavirus pandemic.
Cooler Near-Term Weather and Coronavirus Impacts Weigh on Weekly Natural Gas Prices
Rains and relatively mild temperatures across much of the eastern half of the Lower 48, along with festering fallout from the coronavirus pandemic, curbed weekly spot gas prices for the June 15-19 period.
PG&E Fined Following Guilty Plea for Camp Fire Tragedy
After pleading guilty to 84 counts of involuntary manslaughter and another count of starting a deadly fire in Paradise, CA in 2018, the sentencing of Pacific Gas and Electric Co. (PG&E) on Thursday was anticlimactic, with the court only imposing a fine of about $3.4 million. A restitution hearing is scheduled for early next year.