natural gas outlook

The U.S. exploration sector delivered its fourth straight quarter of outperformance in 3Q2021, setting the sector up for what should be solid growth in 2022, according to energy prognosticators. Solid cash flow by the domestic exploration and production (E&P) companies was accelerated by the high commodity prices. However, the three-month period also represented a “stabilized…

Despite projecting higher-than-average temperatures across much of the United States this winter that would typically dampen gas-fired power demand, FERC last week predicted rising natural gas prices for the period. A newly released Federal Energy Regulatory Commission report, “2021-2022 Winter Energy Market and Reliability Assessment,” anticipates an average Henry Hub futures price of $5.63/MMBtu for…

With limited global supplies and robust demand entering the peak winter season, Raymond James analysts on Monday boosted their already bullish natural gas price forecasts for this year and 2022. Analysts J.R. Weston and John Freeman said they raised their full-year 2021 Henry Hub average price forecast 6% to $3.70/MMBtu and their expectation for next…

Campaigns to shift consumers away from natural gas and toward renewables such as solar and wind are directed at substantial environmental benefits. However, the process could exact a punishing financial toll on poor Americans, a new study found. Research co-authored by Catherine Hausman, an associate professor at the University of Michigan, and economist Lucas Davis…