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The CEO of the largest natural gas driller/producer in the U.S., EQT's Toby Rice, is currently attending the Atlantic Conference in Abu Dhabi, the capital of the United Arab Emirates. He spoke with Bloomberg reporters about what he sees ahead for U.S. natural gas production coming this year and, more broadly, about the problems he
The major challenges for Bangladesh will be keeping inflation under control while maintaining currency rate stability in the coming days, according to the Bangladesh Bank's annual report.
U.S. natural gas demand is on track to hit record lows in January if unseasonably warm weather sticks around, according to Rystad Energy. It's just too darned warm! The warm weather reduces demand for natgas used in heating. Also, as you will read today, a Freeport LNG restart that uses 2 Bcf/d is also likely
Once a month, the analysts at the U.S. Energy Information Administration (EIA) 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 or so. We sometimes poke some good-natured fun at the EIA because one month, their predictions go up, the next
In 2022, the spot price for natural gas at the benchmark Henry Hub in southern Louisiana averaged $6.45 per million British thermal units (MMBtu), the highest annual average, in both real and nominal terms, since 2008. That's the highest average in 14 years. Most casual observers would attribute the high price to Putin's illegal invasion