henry hub

Global Gas Prices Fall on Declining Demand — LNG Recap

Global Gas Prices Fall on Declining Demand — LNG Recap

Global natural gas prices fell last week on warmer temperatures and declining demand as winter nears an end. Both April spot and futures prices in Asia slipped below the $6.00/MMBtu mark as buying in the region has fallen off. That helped push prices lower in Europe as more liquefied natural gas (LNG) supply has become…

March 2, 2021
Bedlam in U.S. Energy Markets Sends LNG Feed Gas Deliveries Spiraling Downward — LNG Recap

Bedlam in U.S. Energy Markets Sends LNG Feed Gas Deliveries Spiraling Downward — LNG Recap

U.S. liquefied natural gas (LNG) export terminals were struggling to bounce back Tuesday after feed gas deliveries in recent days plummeted to their lowest point since the fall amid a historic cold snap gripping much of the country that’s created unprecedented energy demand. Deliveries to the terminals via interstate pipelines fell to 5.45 Bcf Monday,…

February 16, 2021
Henry Hub to Rebound, Oil to Move Higher in 2021, EIA Says

Henry Hub to Rebound, Oil to Move Higher in 2021, EIA Says

Natural gas prices are poised to rebound in 2021, with Henry Hub spot prices on track to average $3.01/MMBtu for the year, nearly $1 higher than 2020 prices, according to updated projections from the U.S. Energy Information Administration (EIA). In its first Short-Term Energy Outlook of the new year, published Tuesday, the agency offered up…

January 13, 2021
Pennsylvania Natural Gas Producers Paid Fewer Impact Fees in 2020 as Prices Tanked

Pennsylvania Natural Gas Producers Paid Fewer Impact Fees in 2020 as Prices Tanked

Lower natural gas prices and the mix of new and existing wells in Pennsylvania drove an estimated $55.9 million year/year decrease in the impact fees collected by natural gas producers in 2020, according to the latest figures from the state’s Independent Fiscal Office (IFO). Natural gas producers paid a projected $144.9 million in impact fees…

January 13, 2021
Henry Hub to Rebound in 2021 Amid Higher Natural Gas Exports, Declining Production, EIA Says

Henry Hub to Rebound in 2021 Amid Higher Natural Gas Exports, Declining Production, EIA Says

Natural gas prices are poised to rebound in 2021, with Henry Hub spot prices on track to average $3.01/MMBtu for the year, nearly $1 higher than 2020 prices, according to updated projections from the U.S. Energy Information Administration (EIA). In its first Short-Term Energy Outlook of the new year, published Tuesday, the agency offered up…

January 12, 2021
U.S. Exports Poised for Longer-Term Gains as NatGas Rally Continues — LNG Recap

U.S. Exports Poised for Longer-Term Gains as NatGas Rally Continues — LNG Recap

Winter natural gas prices across the globe have yet to peak as a rally continued Monday in Europe and Asia on colder weather that’s set to boost both heating demand and U.S. exports. The February Japan Korea Marker (JKM) contract ended 2020 on Thursday at $14.300/MMBtu, while the National Balancing Point (NBP) in the UK…

January 4, 2021
Supply Crunch, Brexit Deal Push Global Gas Prices Higher — LNG Recap

Supply Crunch, Brexit Deal Push Global Gas Prices Higher — LNG Recap

Global natural gas prices remain strong coming off a week shortened by Christmas and heading into another with limited trading activity as the New Year holiday nears. The Dutch Title Transfer Facility (TTF) contract for February delivery finished the short week on Thursday at $6.321/MMBtu, while the UK’s National Balancing Point finished at $7.015 and…

December 28, 2020
Natural Gas Futures Pull Back as Models Drop Heating Demand from Outlook Overnight

Natural Gas Futures Pull Back as Models Drop Heating Demand from Outlook Overnight

Milder trends in the forecasts overnight prompted a pullback in natural gas futures prices in early trading Tuesday. The January Nymex contract was down 5.5 cents to $2.627/MMBtu at around 8:50 a.m. ET. After trending colder on Monday, the weather data reversed course overnight, including a loss of 9 heating degree days from the European…

December 15, 2020
LNG Recap: U.S. Feed Gas Deliveries Hit High Gear as Spreads to Asia, Europe Remain Strong

LNG Recap: U.S. Feed Gas Deliveries Hit High Gear as Spreads to Asia, Europe Remain Strong

Feed gas deliveries to U.S. export terminals hit new highs over the weekend, peaking Saturday at 11.48 Bcf as spreads between the Gulf Coast, Asia and Europe remain strong, according to NGI data.  Pipeline shipments to liquefied natural gas terminals were near 11 Bcf/d throughout last week, flowing at some of their strongest levels since…

December 7, 2020
LNG Recap: Global Natural Gas Prices Gaining Momentum After Last Week’s Steep Declines

LNG Recap: Global Natural Gas Prices Gaining Momentum After Last Week’s Steep Declines

Global natural gas prices fell across the board last week, weighed down by warmer weather in Europe and North America, along with continued measures to battle the coronavirus that have cut demand. January Japan Korea Marker (JKM) futures slid  to $6.375/MMBtu on Friday, finishing well below the $7.00 mark near where the contract has been…

November 23, 2020
‹ Previous 1 2 3 902