Natural gas trading volumes increased 4.4% last year compared with 2015, an even greater increase than the 3.9% year/year gain posted in 2015, according to an analysis by Natural Gas Intelligence (NGI) of 2016 Form 552 buyer and seller filings with FERC.
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Continuing a months-long upturn, natural gas and oil production from the nation’s seven most prolific unconventional plays is expected to move higher in April compared with the previous month, according to data from the Energy Information Administration (EIA).
Enterprise Products Partners Monday said it plans to construct an isobutane dehydrogenation (iBDH) unit in Mont Belvieu, TX, that will have the capability to produce 425,000 tons per year of isobutylene.
Domestic dry natural gas production in October was down compared to October 2015, the eighth consecutive month of declines compared to the previous year period, according to the Energy Information Administration (EIA).
For the second consecutive month, the United States in June sent the most natural gas to Mexico through pipelines of any month on record, reaching 105.84 Bcf (3.53 Bcf/d), according to Energy Information Administration (EIA) data.
The downward slide of oil and natural gas production from the nation’s seven largest unconventional plays will extend into a twelfth month in September, though at a somewhat less pronounced decline, according to data from the Energy Information Administration (EIA).
Oil and natural gas production from the nation’s seven largest unconventional plays, which has been on a downward trend since last fall, will slip again in August, according to the Energy Information Administration (EIA).
Through the first three months of 2016, natural gas consumption in the power sector increased year/year, while residential and commercial consumption was down, according to the Energy Information Administration’s (EIA) latest Monthly Energy Review(MER).
Retail natural gas utility bills will be up 2-4% this summer in Colorado, according to a filing on Wednesday to state regulators by Xcel Energy Inc.’s Denver-based combination utility, Public Service Company of Colorado. The rise comes despite the fact that gas commodity prices decreased for 3Q2016 compared to the same period last year. The higher monthly bills are caused by increases in other costs that were captured in a general rate case that went into effect early this year. Gas commodity costs for the third quarter are 33 cents/therm for residential customers, compared to 34.2 cents/therm for the same period last year; for small businesses the rate is 32.7 cents/therm in 3Q2016, compared to 33.89 cents/therm for with 3Q2015. Average bills are estimated to be $22.02/month for residential customers and $82.25 monthly for small businesses, compared to $21.18 and $80.60 for residential and small business customers, respectively, last year in the same quarter.
The downward trend in natural gas and oil production that has plagued the nation’s seven largest unconventional plays since last autumn will continue next month, according to the Energy Information Administration (EIA).