If history repeats itself, the natural gas price recovery that took place after a 2019-2020 downturn could offer some insight into what may drive a recovery from a similar price routing in the 2023-2024 period, an NGI analysis shows. The years 2019 and 2020 saw a yearlong stretch in which prices sank below $3.500/MMBtu all…
Winter Storm Heather
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Freeport LNG Reporting Month-Plus Train Outage Following Winter Storm Heather
Freeport LNG has reported an outage of one of the three trains at its Texas export terminal, cutting into potential U.S. feed gas demand for at least the next month. The company confirmed Friday that freezing temperatures last week on the Texas coast during Winter Storm Heather caused electrical issues with one of the electric…
January 26, 2024