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July 22, 2022
Big ukrainian ports, will take a long time but obviously if they can do it and when, people are talking about perhaps 6โ12 months to restore the old way of exporting and then that will lower the price of grain being exported enormously. if it works it will be marvellous but people are cautioning it will take a long time and so many things can go wrong. long time and so many things can go wronu. . ~ long time and so many things can go wronu. w . ~ long time and so many things can go wronu. w .,...
July 14, 2022
Each month the U.S. Energy Information Administration (EIA) issues a monthly Short-Term Energy Outlook (STEO). In May, the STEO made the startling prediction that the average Henry Hub price for natural gas (the national benchmark) would average $8.59 for the entire second half of this year (see Latest Monthly STEO Predicts HH Spot Price to
July 14, 2022
Although we understand self-interest and wanting to protect oneโs profit margin, we continue to be distressed that some of the biggest chemical companies in the world (meaning in the U.S.) are actively trying to block LNG exports. Why? They want the natural gas they buy (in very large quantities) to be as cheap as possible.
July 1, 2022
Yesterday the NYMEX natural gas price lost 20% of its value in a single day for the second time in two weeks. When news broke on June 14 that the Freeport LNG plant would not likely return to full service before the end of this year, the NYMEX front-month contract lost $1.42 (19.75%) to close
June 30, 2022
Is really highly regarded. people know this country stands for quality in everything we do so they are excited to get hold of what we do and make it. excited to get hold of what we do and make it-_ and make it. great. we are still hea๏ฌna and make it. great. we are still hearing from โ and make it. great. we are still hearing from ourโ and make it. great. we are still hearing from our businesses i and make it. great. we are still. hearing from our businesses there are a _ hearing from our b...
June 30, 2022
Ukraine begins exporting electricity to Europe
June 30, 2022
In March MDN brought you information from the Toronto Financial Post that said the Ukrainian crisis has put two East Coast Canada LNG export facilities โback on the mapโ (see Ukraine Crisis Injects New Life into East Coast Canada LNG Exports). There are actually five proposed LNG export facilities announced for the Canadian East Coast.
June 30, 2022
Earlier this month, MDN brought you the fantastic news that seemingly out of nowhere a plan to build an LNG export facility on the banks of the Delaware River south of Philadelphia is being actively, seriously discussed (see U.S. East Coastโs 3rd LNG Export Plant Proposed Near
June 29, 2022
The Group of Seven (G-7) is an inter-governmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. G-7 countries are the world's largest democratic (freely elected) economies, representing roughly half of the world's wealth (but only 10% of the world's population). President Biden and the leaders of the
June 28, 2022
President Biden began a five-day "swing" through Europe on Sunday. Yesterday he met with European Commission President Ursula von der Leyen to discuss energy security in light of Putin's invasion of Ukraine. European countries are in various stages of reducing the import of Russian natural gas and oil, which is leading to upheaval in the