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The natural gas storage report from the EIA for the week ending January 15th indicated that the amount of natural gas held in underground storage in the US fell by 187 billion cubic feet to 3,009 billion cubic feet by the end of the week, which left our gas supplies just 36 billion cubic feet, or 1.2% higher than the 3,045 billion cubic feet that were in storage on January 15th of last year, but still 198 billion cubic feet, or 7.0% above the five-year average of 2,811 billion cubic feet of natural gas that have been in storage as of the 15th of January in recent years..the 187 billion cubic feet that were drawn out of US natural gas storage this week was 10 billion cubic feet more than the average forecast of a 177 billion cubic foot withdrawal from an S&P Global Platts survey of analysts, and way more than the 97 billion cubic foot withdrawal from natural gas storage seen during the corresponding week of a year earlier, as well as more than the average withdrawal of 167 billion cub
Congressman Randy Feenstra selected to serve on House Agriculture Committee ktiv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ktiv.com Daily Mail and Mail on Sunday newspapers.
Photo Credit: Ag News Wire Renewable fuels, in Iowa, have weathered multiple storms in 2020 and have their work cut out for them in 2021. During his state of the industry address Tuesday at the 2021 Iowa Renewable Fuels Summit, Iowa Renewable Fuels Association (IRFA) Executive Director Monte Shaw characterizes the Iowa biofuels industry as “battered, but battling for a better future” – emphasizing the many opportunities to expand biofuel demand in the state, across the country, and around the world, according to an IRFA press release. “Our industry just suffered through the triple whammy of RFS exemptions, lost export markets, and COVID demand destruction piled on top of each other,” Shaw said. “Yet, here we are. Which is what I love most about this industry,” Shaw says.