The U.S. natural gas industry faces multiple challenges, but depleting resources do not yet appear to be one of them, according to the Potential Gas Committee’s (PGC) latest assessment of the country’s gas endowment. The PGC, composed of about 80 volunteer geoscientists and engineers, has been publishing a year-end report on domestic gas reserves and…
natural gas consumption
Articles from natural gas consumption
North American Coal Retirements, Asian LNG Demand Drive Global Natural Gas Rebound in 2023, GECF Says
Global natural gas consumption is expected to rebound this year as easing price volatility and rising economic activity boosts LNG imports from China and South Asia and North America’s power market continues to cut coal-fired capacity, according to the Gas Exporting Countries Forum (GECF). Researchers with the organization headquartered in Qatar in the annual report…
April 10, 2023
AGA Says U.S. Food Security Depends on Natural Gas, Cautions Against Restrictive Policies
Any restrictions or outright bans on natural gas would have severe implications for the U.S. agricultural sector and the nation’s food supply, the American Gas Association (AGA) warned in a study released Wednesday. As policymakers across the world weigh the role of fossil fuels in the energy transition and more localities across the United States…
March 22, 2023
As Prompt-Month Henry Hub Surpasses $4, North American Gas Buyers Say Price Surge a Mixed Bag
Changes in regional and global natural gas pricing, along with the transition to low-carbon energy, are creating challenges and opportunities for large natural gas buyers in North America, a panel of experts agreed Wednesday (July 21). The discussion at the LDC Gas Forums-Northeast event in Boston came a day before prompt-month Henry Hub prices surpassed…
July 23, 2021
Mexico Natural Gas Prices Hit 22-Month High Amid Bullish 2021 Outlook
Mexico natural gas prices in December hit their highest level in 22 months, averaging $3.64/MMBtu, according to the latest IPGN monthly natural gas price index published by the Comisión Reguladora de Energía (CRE). CRE used 311 transactions reported by 30 marketers to calculate the December index, the highest number of companies ever to report transactions…
February 1, 2021
Canada Regulator Approves Expansion of TC Energy’s NGTL Natural Gas Pipeline System
Growing natural gas use by power generation and industrial plants is behind a C$509 million ($382 million) capacity expansion approved Thursday for TC Energy Corp.’s Nova Gas Transmission Ltd. (NGTL) network in Alberta and British Columbia. Delivery contracts for about 310 MMcf/d support the addition of 85 kilometers (51 miles) of 48-inch-diameter pipe, a project…
November 20, 2020
U.S. Power Sector Fueled Record Year for Natural Gas in 2019
Driven by demand from the electric power sector, the United States set new records in natural gas production, consumption and gross exports in 2019, the U.S. Energy Information Administration (EIA) reported Monday. In its Natural Gas Annual report, EIA said 2019 gas consumption increased 3%, led by a 7% increase in power sector demand that…
October 5, 2020
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