Natural Gas Market Indicators – July 14, 2023
Market Summary Weather High temperatures persist across the country as the West and East coast continue to experience unprecedented heat.…
New research shows that surging demand for energy has created an urgent need for more natural gas storage. In Assessing the Value of Natural Gas Storage: A Strategic Asset for Grid Reliability, System Resilience and Operational Flexibility in a Changing Energy Landscape, emerging pressures on natural gas infrastructure are highlighted because of rapidly increasing demand for energy, including from data centers and a resurgence of American manufacturing.
Market Summary Weather High temperatures persist across the country as the West and East coast continue to experience unprecedented heat.…
Market Summary Weather A heat dome has developed over the state of Texas and is expected to expand to neighboring…
Market Summary Weather On June 8, the NOAA Climate Prediction Center announced that El Niño conditions have developed as the…
The EIA’s Drilling Productivity Report anticipates a new production record out of the Permian Basin for June.
The EIA forecasts natural gas consumption for power generation to average 38 Bcf per day in the summer of 2023.
Prices out of Henry Hub remain below $2.35, continuing the recently consistent low prices.
The EIA Short-Term Energy Outlook indicates that the U.S. is now supplying more natural gas than it demands, a trend…
The EIA released The Annual Energy Outlook for 2023 on March 16 which anticipates the U.S. to remain a net…
The EIA’s March edition of the Short-Term Energy Outlook anticipates an increase in U.S. natural gas exports over the next…
EIA reports the average withdrawal rate is 23 percent lower than the five-year average despite multiple Winter Storms this withdrawal…
EIA reports a 6.9 Bcf per day decrease in natural gas consumption, the largest drop from the residential and commercial…
EIA reports a 6.2 Bcf per day week over week increase in natural gas consumption, the largest driver being the…