Natural Gas Prices

This week Australia’s government unveiled a proposed plan to limit the export of liquefied natural gas due to domestic price increases brought about by local shortages. This proposal was the result of two meetings between Australian Prime Minster Malcolm Turnbull, producers and the Australian Energy Market Operator discussing natural gas shortages. The plan known as… Keep reading →

CNPC Buys Oil Company PetroKazakhstan For US$4b

China, the world’s largest energy consumer, saw its natural gas output fall 2 percent in May from the same period a year earlier, official data showed last week. Reuters said it’s the second straight month of declines as the market expects Beijing to announce an additional price cut for the fuel in the coming months to… Keep reading →

shutterstock_220348582

Burner tip. Credit: Shutterstock Natural gas prices for New Yorkers last February – particularly for commercial consumers – were the highest for that month in four years.[1] But by this past November, prices were the lowest for that month since the early 2000s.[2] What’s going on? And what should you do about it? Allow me… Keep reading →