US natural gas prices have trended lower since the summer, but homeowners will likely pay slightly more for the heating fuel than last winter. “For consumers, prices will be about 6.8% higher than last winter, as gas utilities sell more expensive fuel they bought in the spring and summer, according to the U.S. Energy Information… Keep reading →
As the Mexican government and state-run PEMEX aim to produce more oil in Mexico, U.S. natural gas producers, particularly in South Texas, have been happy to send growing amounts of natural gas to supply Mexico’s growing demand. Figure 1 Source: BP Statistical Review Because the U.S. is producing record volumes of natural gas, access to… Keep reading →
Last winter’s unusually harsh weather drew down natural gas storage inventories well below five-year average levels and left the industry assessing the degree to which producers would replenish inventories ahead of heating demand season. With summer drawing to a close and roughly 12 weeks of injections remaining before estimated peak storage, analysts are predicting where… Keep reading →
Two timely research studies from think tanks inside the Beltway address energy security with particular focus on America’s new role in rearranging the established global energy order. This order is in flux precisely because of the renaissance in the American energy sector ignited by its shale (tight) oil and gas boom. Over the last decade,… Keep reading →
