Natural Gas Prices

U.S. Natural Gas Heavyweights Launch Coalition to Export More LNG

U.S. Natural Gas Heavyweights Launch Coalition to Export More LNG

EQT Corp., the largest U.S. natural gas producer, has teamed up with midstreamers TC Energy Corp. and Williams to establish a coalition that will focus on increasing American LNG exports to help displace dirtier fuels abroad and lower greenhouse gas emissions. The Partnership to Address Global Emissions, or PAGE, would help develop and promote policies…

October 11, 2022
Want to Know Where the Price of Natural Gas is Headed? Listen Now to NGI’s Hub & Flow

Want to Know Where the Price of Natural Gas is Headed? Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow, which discusses how the North American natural gas market works and details the tools that are available to successfully navigate it. Trying to understand where the price of natural gas at the Henry Hub is headed? In part one of NGI’s three-part…

October 11, 2022
Higher Natural Gas Price Needed to Spur Midcontinent, Rockies Drilling Uptick, say Executives

Higher Natural Gas Price Needed to Spur Midcontinent, Rockies Drilling Uptick, say Executives

Energy firms across the Midcontinent and Rocky Mountain region said they needed a 21% sequential increase in the average natural gas price to warrant a substantial increase in drilling during the third quarter, the Federal Reserve Bank of Kansas City reported last week. The energy survey by the Federal Reserve branch, aka the Kansas City…

October 11, 2022
Liberty Energy CEO Calls Energy Transition A Myth. Listen Now to NGI’s Hub & Flow

Liberty Energy CEO Calls Energy Transition A Myth. Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow, in which NGI Senior Markets Editor Kevin Dobbs interviews Liberty Energy CEO Chris Wright. Wright is bullish on natural gas demand for years to come – and says fossil fuels will be needed for many decades, likely much longer.   Against that backdrop,…

October 11, 2022
Some West Coast Customers May Receive Assistance Due to High Natural Gas Prices – Winter Rate Spikes: Part 2

Some West Coast Customers May Receive Assistance Due to High Natural Gas Prices – Winter Rate Spikes: Part 2

Higher natural gas prices are impacting West Coast utility rate filings this year, leading some opting to provide customers with bill credits, and state and federal governments to offer heftier bill assistance programs

October 11, 2022
Natural Gas Futures Slide Further as Bearish Sentiment Takes Hold of Market; Cash Mixed

Natural Gas Futures Slide Further as Bearish Sentiment Takes Hold of Market; Cash Mixed

Could a change in natural gas trading behavior be amiss? Bears on Monday managed to take out a key psychological level of support amid robust supply and a steadily improving storage picture. The November Nymex gas futures contract settled at $6.435/MMBtu, off 31.3 cents from Friday’s close. December futures slid 26.3 cents to $6.784. Spot…

October 11, 2022
Mixed Forecast Sees Natural Gas Futures Trade Close to Even Early

Mixed Forecast Sees Natural Gas Futures Trade Close to Even Early

Natural gas futures hovered close to even early Tuesday amid mixed trends in the October forecast. Coming off a 31.3-cent sell-off in the previous session, the November Nymex contract was trading 0.5 cents lower at $6.430/MMBtu at around 8:40 a.m. ET. Following Monday’s price action, which saw the front month dip as low as $6.411,…

October 11, 2022
Natural Gas Futures Tumble Below Key $6.50 Threshold on Improving Winter Supply Outlook

Natural Gas Futures Tumble Below Key $6.50 Threshold on Improving Winter Supply Outlook

Could a change in natural gas trading behavior be amiss? Bears on Monday managed to take out a key psychological level of support amid robust supply and a steadily improving storage picture. The November Nymex gas futures contract settled at $6.435/MMBtu, off 31.3 cents from Friday’s close. December futures slid 26.3 cents to $6.784. At…

October 10, 2022
Recession Threat Hanging Over Natural Gas, Oil Markets

Recession Threat Hanging Over Natural Gas, Oil Markets

Threats of recession in North America and across Europe are gathering force amid festering inflation and rapidly rising interest rates, developments that already tapered oil consumption and could impact commercial and industrial natural gas demand. The latest indicator: The U.S. Labor Department on Friday reported the job market remains tight but hiring is slowing. Employers…

October 10, 2022
European Natural Gas Prices Mixed Amid Flood of Supplies, Market Intervention – LNG Recap

European Natural Gas Prices Mixed Amid Flood of Supplies, Market Intervention – LNG Recap

LNG continues to flood Europe, pushing the Title Transfer Facility (TTF) to a three-month low in intraday trading on Monday when the prompt month contract again finished lower.  Fundamentals on the continent are comfortable for the moment, with storage inventories nearly 91% full and above the five-year average. Warmer weather is also expected to continue…

October 10, 2022