(BOE Report) – U.S. spot natural gas prices for Tuesday at the Waha Hub in West Texas turned positive for the first time since early February as demand for the fuel rises with the coming of the summer air conditioning season and energy firms start to wrap up spring pipeline maintenance. Electric companies burn more gas as homes and businesses
(Oil & Gas 360) By Greg Barnett, MBA, Part 1 of 3- The United States possesses one of the largest natural gas reserves in the world, supported by an extensive pipeline network, mature production capabilities, and decades of operational expertise. Yet despite this structural advantage, natural gas has never been fully deployed as a transportation fuel at national scale. This
(BOE Report) – The Iran war has become an additional driver of demand for gas turbines, Siemens Energy executives said on Thursday, at a time when manufacturers are already flooded with orders due to the massive data centre expansion in the United States. Along with rivals GE Vernova and Mitsubishi Heavy Industries, Siemens Energy has seen demand for gas turbines
Natural Gas Inventories as of June 5, 2026 The EIA has released its natural gas inventory report, showing a net increase of 108 Bcf as of June 5, 2026. Working gas in storage was 2,688 Bcf as of Friday, June 5, 2026, according to EIA estimates. This represents a net increase of 108 Bcf from the previous week. Stocks were
(Oil Price) – Data centers are placing unprecedented strain on electric grids across the country and across the world as the rapid integration of artificial intelligence into virtually every market sector unleashes an energy monster that we are woefully unprepared to feed. Meeting projected demand growth in coming months and years will require creative solutions and cutting-edge energy innovation, but it will
(World Oil) – Zephyr Energy has advanced its Paradox basin development in Utah after completing a key pipeline integrity assessment that clears the way for the regulatory approvals needed to begin exporting natural gas from the project. The company reported the successful completion of an in-line inspection (ILI) of the 20.9-mi pipeline connecting Zephyr’s Powerline Road Gas Plant to the Northwest Pipeline system operated
(BOE Report) – Alberta is touting its abundant supply of cheap fossil fuels to entice tech companies to build data centers for the AI boom, a move that would undermine Canada’s plan to link new data center development with clean energy expansion. Canada is the world’s fifth-largest producer of natural gas, around 60% of which comes from Alberta. As well
(Oil & Gas 360) By Greg Barnett, MBA – The latest Monthly Energy Review, released May 26, 2026, does not introduce a new story. It confirms an existing one. The U.S. energy system remains balanced, production remains elevated, and consumption remains flat. On the surface, the system looks calm. That appearance has not changed since the first interpretation of this
(By Oil & Gas 360) – Natural gas markets are increasingly being pulled in two different directions. On one side, a combination of rising LNG exports, growing power demand, AI-driven electricity consumption, and ongoing geopolitical disruptions is supporting prices through the remainder of 2026. On the other, a massive wave of new LNG supply scheduled to enter the market beginning
(World Oil) – The U.S. House of Representatives has passed legislation that would extend a key federal program supporting oil and natural gas permitting activities on public lands, drawing support from industry groups that say the measure helps improve permitting efficiency while remaining fully industry funded. The License to Drill Act (H.R. 7831), introduced by Rep. Mike Kennedy, R-Utah, would reauthorize the
(Investing) – U.S. natural gas prices are set to continue their recent recovery into the third quarter, supported by rising LNG export flows and stronger power demand, though oversupply risks loom for 2027, according to Morgan Stanley. Henry Hub, the U.S. benchmark, had stayed below roughly $3 per million British thermal units for much of May as mild weather and softer LNG
Natural Gas Inventories as of May 29, 2026 The EIA has released its natural gas inventory report, showing a net increase of 95 Bcf as of May 29, 2026. Working gas in storage was 2,578 Bcf as of Friday, May 29, 2026, according to EIA estimates. This represents a net increase of 95 Bcf from the previous week. Stocks were
