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Once a month, U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months. We poke good-natured fun at the EIA because one month, their predictions go up, the next month, down, etc. What about the latest
Even though the Freeport LNG export facility is in the midst of restarting and is now using 1.5 Bcf/d (billion cubic feet per day) of natural gas (out of a potential 2.1 Bcf/d when it's operating at full capacity), the new demand coming from Freeport was not enough to counter the "bad news" that the
According to a recent Reuters article, "A 46% drop in natural gas prices this year is rippling across the U.S. shale patch, threatening to slow drilling and chill deal-making in a move unthinkable six months ago as global demand soared." Although the Henry Hub price for natgas rose over the past few days with the
Here's a fact that mainstream media largely ignores: Households in the Boston area pay about 50% more for electricity than households across the nation. On average, Massachusetts residents spend about $276 a month on electricity. That is 37% higher than the national average. An op-ed appearing in the Washington Examiner says New Englanders need to
The agricultural and cereal price indices closed 2 per cent higher than two weeks ago, the World Bank’s latest food security update showed.