natural gas demand

North American Natural Gas Marketers Hold the Line in 3Q2020, NGI Survey Shows

North American Natural Gas Marketers Hold the Line in 3Q2020, NGI Survey Shows

Leading natural gas marketers posted flat sales volumes in 3Q2020, snapping a streak of five consecutive quarters of year/year declines, according to NGI’s Top North American Natural Gas Marketer rankings. The 25 gas marketers participating in the latest quarterly survey reported combined sales transactions of 117.42 Bcf/d in 3Q2020. The 24 gas marketers covered in…

December 15, 2020
California Natural Gas Demand Sees More Swings During Winter, Says EIA

California Natural Gas Demand Sees More Swings During Winter, Says EIA

California’s use of natural gas during the winter months doesn’t experience quite the dramatic ramp-up it does during the summer, but it experiences multiple peaks and valleys as it balances changes in electricity demand, according to data from the Energy Information Administration (EIA). EIA said natural gas use during the winter goes through two cycles…

December 14, 2020
López Obrador Energy Policies Seen as Main Risk to New Era of Mexico-U.S. Bilateral Ties

López Obrador Energy Policies Seen as Main Risk to New Era of Mexico-U.S. Bilateral Ties

Energy is set to be a sticky issue in the new Mexico-United States relationship under U.S. President-elect Joseph R. Biden Jr. Moves by Mexican President Andrés Manuel López Obrador that favor public sector companies Comision Federal de Electricidad (CFE) and Petróleos Mexicanos (Pemex) over private sector entities have caused considerable concern to U.S. investors in…

November 12, 2020
Natural Gas Futures Rebound as Weather Forecasts Stabilize, Spot Prices Mount, and Pandemic’s Potential End in Sight

Natural Gas Futures Rebound as Weather Forecasts Stabilize, Spot Prices Mount, and Pandemic’s Potential End in Sight

Regional heating demand is expected to heighten along with colder temperatures in the Mountain West and snow over the Northern Plains this week, helping to counter warmth elsewhere across the Lower 48 and fueling a long-awaited rally on Tuesday in natural gas futures. Over the prior six trading sessions, the prompt month shed nearly 50…

November 10, 2020
Covid-19 to Mean More Residential Heating Demand This Winter, EIA Says

Covid-19 to Mean More Residential Heating Demand This Winter, EIA Says

Changes in behavior due to the Covid-19 pandemic, along with colder temperatures, will result in greater residential natural gas consumption during the 2020/21 winter, according to a forecast from the Energy Information Administration (EIA). The EIA’s most recent projections show residential natural gas consumption averaging 21.1 Bcf/d from October 2020 through March 2021, a 5%…

November 2, 2020
Covid Crisis to Leave Scars for Years to Come, but Natural Gas to Bounce Back, Says IEA

Covid Crisis to Leave Scars for Years to Come, but Natural Gas to Bounce Back, Says IEA

As a result of the coronavirus pandemic and its economic impacts, energy demand is set to drop by 5% in 2020, with oil and gas investments falling by an estimated 18%, according to the International Energy Agency (IEA). The global energy watchdog on Tuesday issued its flagship World Energy Outlook 2020 (WEO-2020), with the pandemic…

October 13, 2020
Oil Demand, Prices Unlikely to Hit Pre-Covid Levels Before 2022, Says Kansas City Fed Survey

Oil Demand, Prices Unlikely to Hit Pre-Covid Levels Before 2022, Says Kansas City Fed Survey

Oil demand and prices are unlikely to return to pre-Covid levels until 2022 or 2023, according to the latest quarterly energy survey conducted by the Federal Reserve Bank of Kansas City. The Kansas City Fed, as it is known, every quarter surveys current and expected energy activity across the Midcontinent, as well as expectations for…

October 12, 2020
Rebound Predicted for U.S. Industrial Natural Gas Demand in 2021

Rebound Predicted for U.S. Industrial Natural Gas Demand in 2021

More than 5 Bcf/d of natural gas demand from the industrial sector has been lost since the start of the year, brought down by the heavy economic toll of Covid-19, the Department of Energy said. Domestic natural gas demand from the industrial sector measured 20.1 Bcf/d in June, down nearly 1.0 Bcf/d compared to year-ago…

September 22, 2020
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