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Natural gas prices continued to break out ahead of Thursday inventory report from the Department of Energy. Prices now reflect the sharp decline in natural gas stocks, and have rallied to the ...
Natural gas prices moved higher on Wednesday ahead of Thursday’s inventory report from the Department of Energy. Expectations are that inventories will rise by 57 Bcf according to Estimize. This ...
Natural gas prices rebounded on Tuesday, but traders are reluctant to purchase natural gas due to cooler than normal weather than is forecast to cover most of the United States over the next 8-14 ...
Natural gas prices whipsawed tumbling lower as riskier asset came under pressure and then rebounding into the close. Inventories increased in line with expectations, but the colder than normal ...
Natural gas prices edged lower on Thursday following a draw in natural gas inventories that was in line with expectations. The weather over the next 8-14 days is expected to be warmer than normal ...
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. Datasource.
In 2012, the United States produced 25.3 trillion cubic feet of marketed natural gas, with an average wellhead value of $2.66 per thousand cubic feet, for a total wellhead value of $67.3 billion. [2] In 2013, the country produced 30.0 trillion cubic feet (TCF) of marketed gas. [3] With 7,545 billion cubic feet (BCF), the leading gas-producing ...
Expectations are that natural gas inventories will rise by 99 Bcf