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U.S. natural gas futures jumped about 6% to a 23-month high on Thursday due to lower output in recent days, an increase in the amount of gas flowing to liquefied natural gas (LNG) export plants to ...
Oil prices hit a three-year low this week, a milestone that comes after six weeks of consecutive gasoline price decline. ... As global events that contributed to higher gas prices in recent years ...
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.
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This rule is intended to stimulate the development of new gas storage facility in the ultimate goal of reducing natural gas price volatility. Commission Chairman Joseph T. Kelliher observed: "Since 1988, natural gas demand in the United States has risen 24 percent. Over the same period, gas storage capacity has increased only 1.4 percent.
A 2007 study found that as of May 2004, there was roughly 8 trillion cubic feet (Tcf) of commercial gas storage capacity in the US, with about 4 Tcf needed to always remain in storage as base gas. Base gas is needed in order to provide enough pressure for gas to be withdrawn on demand. Therefore, total working storage capacity is about 4 Tcf.
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In April 2021, it was announced that Llamas was named senior national correspondent for NBC News and will anchor a primetime newscast for NBC News Now. [ 8 ] [ 9 ] A rebroadcast of the newscast, called Top Story with Tom Llamas, was added to the overnight schedule of most NBC stations on weeknights on March 28, 2022, replacing a replay of Today ...