U.S. dry natural gas production in September continued a stretch of record breakers, reaching 2.29 Tcf (76.3 Bcf/d), the highest of any September since the Energy Information Administration (EIA) began reporting such production data in 1973, the agency said.
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NGI The Weekly Gas Market Report
EIA: Proved Natural Gas Reserves Again Set Record-High in 2014
Proved reserves of natural gas in the United States finished at 388.8 Tcf in 2014, setting a record high for the second consecutive year, the Energy Information Administration (EIA) said in a report published Monday.
EIA Natural Gas Price Forecasts A Broken Record: Lower, Lower, Lower
The months-long decline in projected natural gas prices shows no sign of ending, with the Energy Information Administration (EIA) saying Tuesday it expects gas to average $2.81/MMBtu this year and $3.05/MMBtu next year.
Traders Prepare for Loss of EIA Storage Reports
In the wake of the news Friday that the Energy Information Administration (EIA) would cease operations and furlough its staff thanks to the U.S. Government shutdown, traders and analysts are waiting to see how the natural gas futures market deals with the lack of a weekly storage inventory update.
EIA Sees Southwest PA Gas Prices Slipping Below Henry Hub…Again
With the natural gas production boom out of the Utica and Marcellus shales of Pennsylvania, West Virginia and Ohio continuing to lower prices of the commodity…
EIA Bumps 2014 Henry Hub Estimate Up to $4.00/MMBtu
Government agency said it also expects Americans to spend more this winter to heat their homes with natural gas.
EIA to Add Implied Flow to Weekly Natural Gas Storage Reports
The U.S. Energy Information Administration (EIA) is proposing a change to the format of itsWeekly Natural Gas Storage Report(WNGSR), adding an estimate of the implied flow of working natural gas into or out of underground storage facilities to its WNGSR summary table.
EIA Adds NatGas, Petroleum to Online Application Programming Interface
The U.S. Energy Information Administration (EIA) has added natural gas and petroleum time-series data to its application programming interface (API), a tool the agency said “is ideal for software developers working in government, research, or the energy sector who are looking to design applications for the web or for mobile and tablet devices.” The API is currently released as a beta product.
Federal Lands: Where the Shales (Mostly) Aren’t
Production of oil and natural gas from non-federal lands has skyrocketed while that from federal lands has waned. At least today, the vast majority of shale acreage lies on state and private lands, the Energy Information Administration’ (EIA) Howard Gruenspecht, deputy administrator, said. It’s coal country that is mostly on the government’s property.
EIA Says China Becoming World’s Largest Net Oil Importer
The U.S. Energy Information Administration (EIA) said China is projected to pass the United States and become the world’s largest net importer of oil — on a monthly basis by October, and on an annual basis by 2014.