Tropical Storm (TS) Nate, gaining steam as it headed north toward an expected landing on the northern Gulf Coast, had by Friday midday reduced natural gas production from the offshore by more than half to about 1.713 Bcf/d.
Irma
Articles from Irma
Irma Takes Down Power, Lowers NatGas Demand for Millions in Florida, Georgia
Hurricane Irma made landfall in Florida early Sunday morning as a Category 4 storm, strafing the state and knocking out power to millions. Authorities said it could takes weeks before power is restored to every customer.
September 11, 2017
First Hard Data On Hurricane Harvey On Tap; October Called 2 Cents Higher
October natural gas is set to open 2 cents higher Thursday morning at $3.02 as traders assess what could be a bearish double whammy of a violent load-killing hurricane headed for Florida and a government storage report expected to give insight into last week’s impact on supply and demand from Hurricane Harvey. Overnight oil markets were mixed.
September 7, 2017
Irma Still on Collision Course With FL as Market Braces for NatGas Demand Destruction
With the potentially catastrophic Category 5 Hurricane Irma maintaining its collision course with the Florida coast, Southeast utilities continued to brace for impact Thursday as the market braces for natural gas demand destruction.
September 7, 2017
Irma Has Company; October Called 2 Cents Higher
October natural gas is set to open 2 cents higher Wednesday morning at $2.99 as traders balance near-term cooling with an ever more active tropical storm dynamic. Overnight oil markets were mixed.
September 6, 2017
Harvey Recovery Continues as Sabine Pass Loading LNG, While Irma Churns Toward U.S.
Cheniere Energy Inc.’s natural gas export facility in Sabine Pass, TX, on Wednesday was said to be loading its first cargo in more than a week following shut-ins from Hurricane Harvey.
September 6, 2017
Florida NatGas, Power Utilities Prep for Potential Category 5 Irma Landfall; BP Evacuates in GOM
Hurricane Irma, a catastrophic Category 5 storm that was barreling through the Caribbean on Wednesday, is likely to have some impact on natural gas markets if it strikes the United States, which forecasters were anticipating.
September 6, 2017
Weather Models Moderate, Yet Irma Intensifies; October Called 8 Cents Lower
October natural gas is expected to open 8 cents lower Monday morning at $2.99 as weather forecasts call for healthy temperature moderation in key eastern and Midwest markets. Overnight oil markets were mixed.
September 5, 2017
NatGas Cash, Futures Part Ways, October Sheds A Dime
Physical natural gas for Wednesday delivery posted a hefty double digit gain with advances in the Northeast and Appalachia far outdistancing losses in California and soft pricing in Texas, Louisiana, the Midcontinent and Midwest.
September 5, 2017
In Harvey’s Wake, Operators Begin Picking Up the Pieces, But Impact Far From Over
The worst may not be over for the Gulf Coast oil and gas industry in what one forecaster expects to be the most costly natural disaster in U.S. history. And Hurricane Irma, a Category 2 storm as of Thursday midday, now is lurking on the same early path across the Atlantic that Harvey took.
August 31, 2017
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