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Oil, Gas, And Fracking News Reads: 14February 2021

The natural gas storage report from the EIA for the week ending February 5th indicated that the amount of natural gas held in underground storage in the US fell by 171 billion cubic feet to 2,518 billion cubic feet by the end of the week, which left our gas supplies 9 billion cubic feet, or 0.4% below the 2,527 billion cubic feet that were in storage on February 5th of last year, and 152 billion cubic feet, or 6.4% above the five-year average of 2,366 billion cubic feet of natural gas that have been in storage as of the 5th of February in recent years..the 171 billion cubic feet that were drawn out of US natural gas storage this week was a bit less than the average forecast of a 175 billion cubic foot withdrawal from an S&P Global Platts survey of analysts, but way more than the 121 billion cubic foot withdrawal from natural gas storage seen during the corresponding week of a year earlier, and also more than the average withdrawal of 125 billion cubic feet of natural gas that have ....

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Argus editor honoured by IAEE

Argus editor honoured by IAEE
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LONDON, Jan. 6, 2021 /PRNewswire/ The International Association for Energy Economics (IAEE) has awarded its journalism prize for 2020 to Argus editor-in-chief Jim Washer. The award, which is made for excellence in written journalism on topics relating to international energy economics, has been awarded to Jim in recognition of his outstanding work as a reporter and editor over the past three decades covering the oil and gas industry and oil markets.
Jim joined Argus at the beginning of 2020 and oversees news coverage and market analysis from the global editorial group. Previous winners of the IAEE journalism award include Ian Bourne, Argus editor-in-chief (2009) and Jan Nasmyth, founder of Argus (1988). Neil Fleming, now Senior Vice President in charge of Argus editorial organisation, won the award in 1995. ....

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Oil, Gas, And Fracking News Reads: 20December 2020

The natural gas storage report from the EIA for the week ending December 11th indicated that the quantity of natural gas held in underground storage in the US had decreased by 122 billion cubic feet to 3,726 billion cubic feet by the end of the week, which left our gas supplies 284 billion cubic feet, or still 8.3% higher than the 3,442 billion cubic feet that were in storage on December 11th of last year, and 243 billion cubic feet, or 7.0% above the five-year average of 3,483 billion cubic feet of natural gas that have been in storage as of the 11th of December in recent years..the 122 billion cubic feet that were drawn out of US natural gas storage this week was less than the average forecast from an S&P Global Platts survey of analysts who had expected a 127 billion cubic foot withdrawal, but was higher than the average withdrawal of 105 billion cubic feet of natural gas that have typically been pulled out of natural gas storage during the same week over the past 5 years, and ....

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