Analysts

June natural gas is set to open a penny higher Thursday morning at $3.24 as traders factor in what could be a more prolonged cool shot in the East as well as expected modestly supportive government storage figures. Overnight oil markets plunged.

In the article “Dakota Access Impact to U.S. Oil Markets Uncertain, Say Analysts,” NGI’s Shale Daily incorrectly referred to a capacity for DAPL of “370 million b/d.” The capacity is actually 370,000 b/d. NGIregrets the error.

The PJM Interconnection system is not becoming too reliant on natural gas and renewable resources, even as more baseload coal-fired facilities continue to retire, according to an analysis of the system’s reliability released on Thursday by the grid operator.

Crude oil prices fell below $50/bbl last week, sharply impacting energy stocks, but the decline failed to shatter the send of optimism across the energy industry, considering oil prices were hovering around $35 a year ago, analysts said Monday.

As U.S. onshore operators hone their skills to extract more oil and natural gas from onshore basins, “sand intensity” should fuel an unprecedented growth in proppant demand, Raymond James & Associates Inc. analysts said in a note Monday.

The battle continued Friday among the federal government, the Standing Rock Sioux Tribe, and Energy Transfer Partners (ETP) over the stalled Dakota Access Pipeline (DAPL) project.

The domestic oil and natural gas industry likely will see “massive” cash flow increases over the coming years, as the two-year mentality to shrink rapidly shifts back to growth.

Consol Energy Inc. outlined plans this week to fold more Utica Shale into its core position through a development program to increase stacked pay opportunities and build on its current 22-year drilling inventory.

North American energy markets remain negative, reflecting the lingering challenges in the exploration and oilfield services sectors, according to Fitch Ratings.