Slowdown

A slowdown in natural gas production, anticipated flat gas consumption and and expected near-record high storage levels for most of the year are expected to exert a downward pressure on gas prices this year, the Energy Information Administration (EIA) said in its Short-Term Energy Outlook for February.

A slowdown in natural gas production, anticipated flat gas consumption and and expected near-record high storage levels for most of the year are expected to exert a downward pressure on gas prices this year, the Energy Information Administration (EIA) said in its Short-Term Energy Outlook for February.

The economic slowdown, falling prices and overwhelming onshore production aren’t enough to deter more liquefied natural gas (LNG) from heading to North American shores, but the Russia-Ukraine gas dispute could prove consequential for the Atlantic Basin’s business later this year, energy consultants said last week.

The economic slowdown, falling prices and overwhelming onshore production aren’t enough to deter more liquefied natural gas (LNG) from arriving on North American shores beginning this year, an energy consultant said Thursday.

The worldwide economic slowdown continues to reduce global energy demand, leading to additional declines in energy prices, the Energy Information Administration (EIA) said in its Short-Term Energy Outlook for December.

The worldwide economic slowdown continues to reduce global energy demand, leading to additional declines in energy prices, the Energy Information Administration (EIA) said in its Short-Term Energy Outlook for December.

Natural gas drilling in Canada may be poised for an upturn later this year as oilfield service costs stabilize, but increased drilling may not be enough to compensate for the slowdown that began last year, energy executives said last week.

Natural gas drilling in Canada may be poised for an upturn later this year as oilfield service costs stabilize, but increased gas drilling may not be enough to compensate for the slowdown that began last year, energy executives said Wednesday.

The industry is seeing a slowdown in the development of liquefied natural gas (LNG) terminal projects in the energy-friendly Gulf Coast region due to concerns over the price environment for imports, said Hess LNG CEO Gordon Shearer last Tuesday.