natural gas demand

Natural Gas Futures Retreat as TC Energy Limits Effects of Western Canada Pipeline Rupture

Natural Gas Futures Retreat as TC Energy Limits Effects of Western Canada Pipeline Rupture

Natural gas futures gave back some of Tuesday’s gains Wednesday after TC Energy Corp. said it was able to isolate the impacts of a rupture of its Nova Gas Transmission Ltd. (NGTL) pipeline in Western Canada. At A Glance: NGTL incident is contained Analysts expect moderate injection Production at 98.4 Bcf/d Futures jumped more than…

April 17, 2024
Industry Groups Challenge DOE Rules Blocking Natural Gas Appliances 

Industry Groups Challenge DOE Rules Blocking Natural Gas Appliances 

Natural gas industry advocates are taking aim at a trio of U.S. Department of Energy (DOE) rules that petitioners argue would raise prices and eliminate consumer choice.  The American Gas Association (AGA), American Public Gas Association (APGA), the National Propane Gas Association, natural gas utility Spire Inc. and furnace manufacturer Thermo Products LLC filed petitions…

April 12, 2024
What Will Natural Gas Demand Look Like in 2050? It Depends

What Will Natural Gas Demand Look Like in 2050? It Depends

Global natural gas demand has boomed in the past 25 years and, unlike coal and oil, growth could continue through 2050, according to Washington, DC, nonprofit Resources for the Future (RFF). RFF’s “Global Energy Outlook 2024: Peaks or Plateaus?” report compared 16 scenarios across eight outlooks published in 2023 by major energy agencies and companies.…

April 8, 2024
Stabilis Looking Up for LNG Expansion Opportunities to Fuel Aerospace Demand

Stabilis Looking Up for LNG Expansion Opportunities to Fuel Aerospace Demand

Small-scale LNG producer Stabilis Solutions Inc. expects the fuel’s use in commercial rocket launches to rapidly expand over the next several years, creating more demand and incentives to grow its liquefaction capacity. Houston-based Stabilis recently disclosed it expects demand for high-purity liquefied natural gas to grow 40% year/year in 2024 as the pace of rocket…

April 4, 2024
Mexico’s Sener Sees Natural Gas Demand Growing in Power, Industrial Sectors, but Flat Overall Through 2037

Mexico’s Sener Sees Natural Gas Demand Growing in Power, Industrial Sectors, but Flat Overall Through 2037

Mexico’s natural gas demand will be driven by its power and industrial sectors through 2037, according to a report from Mexico’s energy ministry Sener. The report, Prospectiva de Gas Natural 2023-2037, is a planning instrument to help with “the design of the integral national strategy around natural gas,” Sener said. It would be part of…

April 2, 2024
Mexico Natural Gas Imports Seen Reaching New Highs as Price Slump Persists

Mexico Natural Gas Imports Seen Reaching New Highs as Price Slump Persists

Amid a historic natural gas price downturn and uncertainty around the future of LNG exports, the Mexico market remains a relative bright spot for bulls. Pipeline flows of U.S. natural gas to Mexico have averaged 6.09 Bcf/d year-to-date through March 27, up 552 MMcf/d versus the same period last year, according to Wood Mackenzie data.…

April 1, 2024
Natural Gas Futures Gains Diminished as EIA Reports Storage Draw Above Expectations

Natural Gas Futures Gains Diminished as EIA Reports Storage Draw Above Expectations

Natural gas futures trimmed early gains Thursday following the U.S. Energy Information Administration (EIA) storage report, which outlined a larger-than-anticipated 36 Bcf withdrawal for the week ended March 22.  Ahead of the 10:30 a.m. ET release of the latest storage data, May New York Mercantile Exchange natural gas futures were trading 2.0 cents higher day/day…

March 28, 2024
U.S. Residential, Commercial Demand for Natural Gas Rising, Says AGA’s Harbert

U.S. Residential, Commercial Demand for Natural Gas Rising, Says AGA’s Harbert

Think U.S. natural gas consumption is declining? Think again. In some parts of the country, efforts to stem the growth of natural gas have gone askew, a signal that the future of the abundant, low-carbon fuel may not be in jeopardy. The fact is, consumers like natural gas, American Gas Association (AGA) CEO Karen Harbert…

March 28, 2024
May Natural Gas Futures Slide on First Day in Front Position; Holiday Weekend Deflates Cash Prices

May Natural Gas Futures Slide on First Day in Front Position; Holiday Weekend Deflates Cash Prices

The May Nymex natural gas futures contract crumbled in its premiere session in the lead position, anchored to the downside amid a plethora of bearish fundamentals, most notably abundant supply met by a shortage of demand. At A Glance: Prompt month sheds 7.0 cents Storage withdrawal expected Bearish spring weather ahead The newly anointed front-month…

March 27, 2024
California Natural Gas Ban in Berkeley Halted Following Settlement

California Natural Gas Ban in Berkeley Halted Following Settlement

The first-in-the-nation natural gas ban in Berkeley, CA, is no more after city officials agreed to halt enforcement. The agreement with the California Restaurant Association (CRA), to halt enforcement of the city’s ban on new natural gas pipelines, was anticipated following a ruling by the U.S. Court of Appeals for the Ninth Circuit.  The appeals…

March 27, 2024
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