Page 4 - Gas Intelligence News Today

The natural gas storage report from the EIA for the week ending April 30th indicated that the amount of natural gas held in underground storage in the US rose by 60 billion cubic feet to 1,958 billion cubic feet by the end of the week, which left our gas supplies 345 billion cubic feet, or 15.0% below the 2,303 billion cubic feet that were in storage on April 30th of last year, and 61 billion cubic feet, or 3.0% below the five-year average of 2,019 billion cubic feet of natural gas that have be...

May 3, 2021 State, national and international media frequently feature the University of Wyoming and members of its community in stories. Here is a summary of some of the recent coverage: UW will receive nearly $3 million from the U.S. Department of Energy for research focused on expanding and transforming the use of coal to produce coal-based products using carbon ore, rare earth elements and critical minerals. Oil City News and County 10 published UW’s release. Green Car Congress, World Coa...

Add to Bookmarks Natural gas futures are trading higher in the pre-market session as last week’s rally appears to be set to resume following a two-day setback. Lower production and expectations of a hot summer are driving the price action although some will argue that the latter reason to buy is a little ahead of schedule. Although some traders are focusing on the expected summer heat, others are watching cooler-trending weather systems moving across the central and northern United States by ...

With the main trend up, buying the dip will be the strategy moving forward since it’s a little too early in the season to chase higher prices.

Add to Bookmarks Natural gas futures are edging lower shortly before the regular opening on Friday as investors continue to assess the impact of yesterday’s government storage report that came in at the high end of estimates, triggering a steep break. Spot gas prices also retreated across most of the country. Natural Gas intelligence’s (NGI) Spot Gas National Average dropped 9.5 cents to $2.680. At 11:38 GMT, June natural gas futures are trading $2.902, down $0.009 or -0.31%. Advertisement ...

DeSmog While fracking for oil and gas in the U.S. has contributed to record levels of fossil fuel production, a critical part of that story also involves water. An ongoing battle for this precious resource has emerged in dry areas of the U.S. where much of the oil and gas production is occurring. In addition, once the oil and gas industry is finished with the water involved in pumping out fossil fuels, disposing of or treating that toxic wastewater, known as produced water, becomes yet ...

Add to Bookmarks Natural gas futures are edging lower on Tuesday after running into resistance earlier in the session. The market continues to be well-supported by near-record export demand and driven higher by calls for intensifying cooler temperatures. Today’s early price action, however, suggests the weather-related news may have been fully-priced into the market. This could lead to a short-term pullback. At 14:12 GMT, June natural gas futures are trading $2.803, down $0.015 or -0.53%. Adv...

The natural gas storage report from the EIA for the week ending March 5th indicated that the amount of natural gas held in underground storage in the US fell by 52 billion cubic feet to 1,793 billion cubic feet by the end of the week, which left our gas supplies 257 billion cubic feet, or 12.5% below the 2,050 billion cubic feet that were in storage on March 5th of last year, and 141 billion cubic feet, or 7.3% below the five-year average of 1,934 billion cubic feet of natural gas that have bee...

forecasts Natural Gas Price Fundamental Weekly Forecast – Bearish 10-15 Day Forecast to Weigh on PricesAnalysts now expect a paltry withdrawal with the next government storage release on Thursday. Mar 15, 2021 05:25 AM GMT Natural gas futures started the new week with a gap to the downside as new weather forecasts revealed the warming trend will continue to weigh on demand. The early price action also suggests that traders are anticipating another anemic storage report from the U.S. governmen...

Traders expect to see a modest withdrawal in Thursday’s EIA weekly storage report.