Natural

New natural gas export capabilities and growing domestic consumption will help Henry Hub natural gas spot prices increase from an average of $3.16/MMBtu this year to $3.41/MMBtu in 2018, according to the Energy Information Administration’s (EIA) latestShort-Term Energy Outlook (STEO).

Mexico produced 5.334 Bcf/d of natural gas in April, state oil and natural gas company Petroleos Mexicanos (Pemex) reported, a drop of 9.9% from the 5.921 Bcf/d recorded a year ago.

June natural gas is set to open 5 cents higher Monday morning at $3.31 as traders digest a variable weather forecast and consider short hedges. Overnight oil markets rose.

June natural gas is set to open 2 cents higher Wednesday morning at $3.25 as traders study weather forecasts calling for concerted summer heat as well as Thursday’s anticipated lean inventory report. Overnight oil markets rose.

Natural gas transportation and storage — both liquefied natural gas (LNG) and underground — are on track for further expansion in Oregon for later this year, according to NW Natural CEO David Anderson.

Canadian governments and industry are reviving the oldest fuel — wood — for a natural gas substitute billed as contributing to commitments to make the country a moral leader in arresting global climate change.

A Presidential Natural Gas Access and Expansion Task Force has been created by the National Association of Regulatory Utility Commissioners (NARUC) to develop best practices and recommendations to help expand natural gas service in neglected areas of the country, including rural communities.

The British Columbia (BC) provincial government has stepped on the natural gas pedal to increase the use of liquefied natural gas (LNG) and renewable natural gas (RNG), or biomethane, in transportation, marine and other sectors.

In a state in which the Bakken oil boom produces more than 1.5 Bcf/d of associated natural gas, most smaller towns still depend on propane for their thermal energy needs, and that is likely to continue as economics and the propane suppliers’ lobby tend to keep local communities from making the transformation.