Houston Ship Channel

Natural Gas Forwards Rally Continues, but ‘Feast or Famine’ Open May Lie Ahead

Natural Gas Forwards Rally Continues, but ‘Feast or Famine’ Open May Lie Ahead

Natural gas forward prices made huge leaps during the period ending May 4 as production struggled to grow beyond recent levels and heat began to intensify in parts of the country. With hefty storage deficits poised to hold steady for a while longer, June fixed prices rallied by an average $1.57/MMBtu, according to NGI’s Forward…

May 6, 2022
October Natural Gas Futures Drop a Third Straight Day on Fading Demand Forecasts

October Natural Gas Futures Drop a Third Straight Day on Fading Demand Forecasts

Natural gas futures faltered on Monday, extending to three days a losing streak that materialized alongside forecasts for cooler temperatures and moderating demand.     The October Nymex contract dropped 12.0 cents day/day and settled at $4.985/MMBtu. November fell 12.4 cents to $5.022. At A Glance: Futures fall amid autumn weather Forecasts call for mild conditions Global…

September 20, 2021

Fire Erupts at ExxonMobil Olefins Complex on Houston Ship Channel

Emergency crews on Wednesday afternoon were working to extinguish a fire that erupted at the ExxonMobil Baytown Olefins Plant on the Houston Ship Channel, which houses one of the largest ethylene plants in the world.

July 31, 2019

Enterprise Snaps Up Houston Ship Channel Site to Propel Global NGL Expansion

Enterprise Products Partners LP (EPD) late Wednesday said it purchased a 65-acre waterfront site on the Houston Ship Channel to serve as the next phase of expansion at its hydrocarbon terminal.

April 12, 2018