Tuesday, June 2, 2026

Natural Gas Prices Up after Smaller than Expected Inventory Build

U.S. natural gas inventories show 15 Bcf build U.S. natural gas inventories saw a smaller than expected build today, according to information from the Department of Energy. The DOE reported natural gas inventories for the week ended March 18, 2016, were up 15 Bcf to 2,493 Bcf. The current level of natural gas in storage is still above average, but

Gas Rigs Increase as the Total Rig Count Continues to Fall

Total U.S. rig count down by 12 rigs this week The total number of rigs in the United States continues to fall as the oil price recovery remains insufficient to drill new wells. The U.S. rig count fell by 12 this week to 464, according to Baker Hughes, which released its weekly data a day early ahead of the Easter