Oil Price Despite multi-year low natural gas prices in the United States, domestic producers continue to be optimistic about the long-term prospects of gas as a fuel, both in America and abroad. The current oversupply in the U.S. natural gas market is set to ease in the coming months as many operators are curtailing production in response to the February
World Oil (Bloomberg) – The chief of the largest U.S. producer of natural gas has warned that a lack of pipelines and storage facilities will trigger dramatic price swings in the years ahead, causing them to surge as much 350%. Gas demand in the U.S. has jumped 50% since 2010, while pipeline and storage capacity have increased just 25% and
Natural Gas Inventories as of March 15, 2024 The EIA has released its natural gas inventory report, showing a net increase of 7 Bcf as of March 15, 2024. Working gas in storage was 2,332 Bcf as of Friday, March 15, 2024, according to EIA estimates. This represents a net increase of 7 Bcf from the previous week. Stocks were
Natural Gas Inventories as of March 8, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 9 Bcf as of March 8, 2024. Working gas in storage was 2,325 Bcf as of Friday, March 8, 2024, according to EIA estimates. This represents a net decrease of 9 Bcf from the previous week. Stocks were
Natural Gas Inventories as of March 1, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 40 Bcf as of March 1, 2024. Working gas in storage was 2,334 Bcf as of Friday, March 1, 2024, according to EIA estimates. This represents a net decrease of 40 Bcf from the previous week. Stocks were
Natural Gas Inventories as of February 23, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 96 Bcf as of February 23, 2024. Working gas in storage was 2,374 Bcf as of Friday, February 23, 2024, according to EIA estimates. This represents a net decrease of 96 Bcf from the previous week. Stocks were
Natural Gas Inventories as of February 16, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 60 Bcf as of February 16, 2024. Working gas in storage was 2,470 Bcf as of Friday, February 16, 2024, according to EIA estimates. This represents a net decrease of 60 Bcf from the previous week. Stocks were
Natural Gas Inventories as of February 9, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 49 Bcf as of February 9, 2024. Working gas in storage was 2,535 Bcf as of Friday, February 9, 2024, according to EIA estimates. This represents a net decrease of 49 Bcf from the previous week. Stocks were
Natural Gas Inventories as of February 2, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 75 Bcf as of February 2, 2024. Working gas in storage was 2,584 Bcf as of Friday, February 2, 2024, according to EIA estimates. This represents a net decrease of 75 Bcf from the previous week. Stocks were
Natural Gas Inventories as of January 26, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 197 Bcf as of January 26, 2024. Working gas in storage was 2,659 Bcf as of Friday, January 26, 2024, according to EIA estimates. This represents a net decrease of 197 Bcf from the previous week. Stocks were
Natural Gas Inventories as of January 19, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 356 Bcf as of January 19, 2024. Working gas in storage was 2,856 Bcf as of Friday, January 19, 2024, according to EIA estimates. This represents a net decrease of 326 Bcf from the previous week. Stocks were
Natural Gas Inventories as of January 12, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 154 Bcf as of January 12, 2024. Working gas in storage was 3,182 Bcf as of Friday, January 12, 2024, according to EIA estimates. This represents a net decrease of 154 Bcf from the previous week. Stocks were
