Increasing capacity for gas-fired electric generation, growing domestic consumption and new export capabilities will all contribute to increasing Henry Hub spot prices this year, though the expected average — $3.43/MMBtu — may not be as high as previously forecast, according to the Energy Information Administration (EIA).
Markets
Articles from Markets
Trump’s Vow to ‘Unleash’ NatGas, Oil Output, Reduce Oversight to Backfire on Prices, Say Analysts
Expanding domestic natural gas, oil and coal production, combined with relaxing Obama energy oversight, likely will send commodity prices lower through 2018 if President Trump is able to keep his pledge to “unleash an energy revolution,” according to analysts.
February 7, 2017
Natgas Cash, Futures Bounce Higher; March Adds 8 Cents
Physical natural gas for Wednesday delivery recovered a portion of the 30 cents-plus drubbing it endured in the previous three trading sessions and ended Tuesday with double-digit gains.
February 7, 2017
$3 Technical Support Holding; March NatGas Seen 6 Cents Higher
March natural gas is set to open 6cents higher Tuesday morning at $3.11 as traders note little change in the weather outlook and technical support for the moment holds. Overnight oil markets fell.
February 7, 2017
U.S., Europe Sitting Chilly in Global LNG Market Dynamics, Report Says
The United States’ presence in the expected near-term strengthening of the global liquefied natural gas (LNG) market and Europe’s key role on the marginal demand side are likely to be game-changers over the next five years, according to a report released Monday by Societe Generale research analysts.
February 7, 2017
Traders Mulling Transportation Changes; March NatGas Called 2 Cents Lower
March natural gas is expected to open 2 cents lower Monday morning at $3.04 as recent FERC approvals of transportation projects have altered the trading landscape going forward. Overnight oil markets were narrowly mixed.
February 6, 2017
Upper Michigan Source of NatGas Growth for WEC Energy Group
Natural gas expansion in an unlikely area of Michigan’s Upper Peninsula promises to fuel the bulk of the growth at Milwaukee, WI-based WEC Energy Group Inc., formed by the recent marriage of Wisconsin Energy and the Illinois-based Integrys Group.
February 6, 2017
Dominion Resources Changing Name to Dominion Energy
Dominion Resources Inc. said Monday it plans to change its name to Dominion Energy Inc. later this year, and it unveiled a new logo in a rebranding effort to reflect the company’s focus on a changing energy marketplace.
February 6, 2017
The Winter That Wasn’t: March NatGas Forwards Erode on Lack of Weather
March natural gas futures and forwards markets slid nearly 20 cents on average between Jan. 27 and Feb. 2 as the market brushed off news that Punxsutawney Phil saw his shadow on Groundhog’s Day, theoretically indicating there would be six more weeks of winter, according to NGI’s Forward Look.
February 6, 2017
Near-Term NatGas Cash Keeps Slip Slidin’ Away; Futures Draw to Mixed Close
Natural gas cash prices slumped again Monday as weather forecasts in major population centers deviated from seasonal norms and came in significantly warmer. One point followed by NGI finished unchanged, but all other market points were mostly lower, some by double-digits.
February 6, 2017
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