Natural Gas Prices

Enterprise Product Partners LP has $3.6 billion of assets scheduled to begin commercial operations this year to expand natural gas, liquids and crude oil systems across the United States, with almost $2 billion more rolling off the boards through 2025, executives said last week. Co-CEOs Jim Teague and Randy Fowler shared a microphone with the…

The Energy Information Administration (EIA) reported another larger-than-expected withdrawal from natural gas storage inventories, this time a 217 Bcf pull that eclipsed NGI’s high-side estimate. Nymex natural gas futures were trading about a nickel higher at around $2.450/MMBtu in the minutes leading up to the EIA report, then bounced another couple of cents as the…

Natural gas futures faltered midweek, erasing the prior two days’ gains as traders looked ahead to growing storage surpluses later this month amid ongoing warmth across most of the country. The March Nymex gas futures contract settled Wednesday at $2.396/MMBtu, down 18.0 cents on the day. April futures slid 18.7 cents to $2.477. Spot gas…

Equinor ASA expects European natural gas prices to slide by the middle of the decade as more LNG capacity comes online, but it plans to maintain production levels through 2030 as extreme supply volatility persists. After a year of record prices and volatility, helping stoke lofty revenues for Equinor, management said prices have started to…

Natural gas futures traded both sides of even in the early morning hours Thursday as the market looked ahead to the latest government inventory data, expected to reveal a larger-than-average withdrawal.  Coming off an 18.8-cent slide in the previous session, the March Nymex contract was up 2.8 cents to $2.424/MMBtu at around 8:40 a.m. ET.…

Natural gas futures faltered midweek, erasing the prior two days’ gains as traders looked ahead to growing storage surpluses later this month amid ongoing warmth across most of the country. The March Nymex gas futures contract settled Wednesday at $2.396/MMBtu, down 18.0 cents on the day. April futures slid 18.7 cents to $2.477. At A…

Weakened natural gas prices – following a massive run-up last summer – intersected with rising interest rates to ease inflation that had only a few months ago reached a 40-year high. Further New York Mercantile Exchange gas futures price drops early this year, owing in part to relatively benign winter weather across most of January,…

While the early LNG market mostly developed in Asia and the Middle East, the super-chilled fuel was first commercialized in the United States and Europe.

Natural gas price surges in the region this winter have led the California Public Utilities Commission (CPUC) to order utilities to issue customers’ annual California Climate Credit (CCC) early. Since the passage of California’s Assembly Bill 26, aka the Global Warming Solutions Act of 2006, most residents receive a CCC on natural gas bills in…