Search results
Results from the WOW.Com Content Network
Natural gas prices are on track to close out the year in negative territory.But there's optimism for 2025, largely because of exports and more demand stemming from artificial intelligence. "We ...
Lower-than-normal stockpile levels and robust LNG consumption are likely to spur natural gas prices. The upward trend should aid gas-weighted producers like SBOW, RRC, and CRK.
The We Energies liquefied natural gas storage tank is nearing completion in Ixonia on Friday, Dec. 15, 2023. It’s one of two giant liquid natural gas storage tanks that are going online this ...
Gas storage facilities are gaining more importance due to changes in natural gas demands. First, traditional supplies that once met the winter peak demand are now unable to keep pace. Second, there is a growing summer peak demand on natural gas, due to electric generation via gas fired power plants .
Most gas storage is in depleted gas or oil fields, with the second largest storage capacity being in aquifers, and the smallest in salt caverns. Depleted gas or oil fields are the cheapest to commission, as they take advantage of existing wells, internal distribution systems, and pipeline connections. They are also widely available. [4]
Natural Gas Weekly Update: Weekly summary and discussion of events and trends in U.S. natural gas markets. [12] Data and Surveys Gasoline and Diesel Fuel Update: Weekly price data for U.S. national and regional averages. Monthly Energy Review: Provides statistics on monthly and annual U.S. energy consumption going back in some cases to 1949.
Natural gas storage was utilized as needed and customers who contracted for firm natural gas supply, delivery and prices largely avoided price fluctuations, even while other parts of the country ...
Marketed natural gas production in 2015 was 28.8 trillion cubic feet, a 5.4 percent increase over 2014, and a 52 percent increase over the production of 18.9 trillion cubic feet in 2005. [5] The natural gas industry includes exploration for, production, processing, transportation, storage, and marketing of natural gas and natural gas liquids. [6]