Domestic

A recent poll commissioned by the American Petroleum Institute (API) of U.S. registered voters has found that a majority agree that domestic natural gas and oil production could lower energy prices and ensure national security.  The poll conducted from June 23-25 of 2,003 registered voters by Morning Consult for API found that at least 88%…

Exporters of LNG from Australia’s eastern coast could be required to divert spot cargoes for the domestic market this winter as the country’s energy market operator forecasts increased peak demand and greater future supply uncertainty. The Australian Energy Market Operator (AEMO) recently published an updated outlook of the country’s domestic supply risks and the potential…

A revamped Chesapeake Energy Corp. continues streamlining its strategy around supplying natural gas to the Gulf Coast LNG corridor, executives said in an earnings call on Wednesday. The company sees a somewhat softer natural gas market in 2023, with no real structural demand growth until new export capacity comes online starting in 2024. “As export…

With more of its bountiful natural gas destined for Asia-Pacific markets, leaving less for domestic use, Australia Pacific LNG (APLNG) last week agreed to provide 16.2 petajoules (PJ) of natural gas to the country’s manufacturing market.

Australian natural gas has become cheaper abroad than it is at home, prompting the government to introduce liquefied natural gas (LNG) export restrictions intended to secure supply for Australians.

A quintet of trade associations representing the majority of U.S. pipeline operators engaged in transporting natural gas, natural gas liquids, crude oil, refined petroleum products and carbon dioxide, said Friday they support President Trump’s call for the use of American steel pipeline construction, but warn that there are serious hurdles to be overcome.

The economic impacts of increased U.S. liquefied natural gas (LNG) exports would be “marginally positive,” according to a study released Monday by the U.S. Department of Energy (DOE).

Regulators with Australia’s Competition and Consumer Commission (ACCC) said they are concerned that Royal Dutch Shell plc’s proposal to purchase UK-based BG Group plc could lead to higher natural gas prices, and they have postponed a decision on whether to approve the merger for two months.

Even in a depressed global oil market, keeping U.S. crude production tied up at home imposes a significant cost on U.S. producers, according to a Rice University researcher. Further, exporting crude would not raise domestic gasoline prices but would improve national energy security, he said.