The Latest Breaking News from Natural Gas

NZ is running out of gas – literally. That’s good for the climate, but it’s bad news for the economy

The coalition government recently announced its plan to reverse a ban on new oil and gas exploration to deal with an energy security challenge brought on by rapidly declining natural gas reserves.

The Conversation · Aug 12, 2024

Nat-Gas Prices Supported by the Outlook for Hotter US Temps

Sep Nymex natural gas (NGU24 ) on Monday closed up by +0.046 (+2.15%). Sep nat-gas prices on Monday climbed to a 2-1/2 week high on Friday and settled moderately higher. Forecasts for hotter US temperatures that will boost nat-gas demand from electricity providers to run air conditioning pushed prices higher...

Barchart · Aug 12, 2024

Federal officials investigating natural gas explosion in Maryland that killed 2

The National Transportation Safety Board, which has jurisdiction over pipelines, is investigating a natural gas explosion at a home in Bel Air, Maryland, that killed two people

The Independent UK · Aug 12, 2024

‘Every building sits on a thermal asset’: how networked geothermal power could change cities

The ground is humming with geothermal energy that could heat or cool our homes – and now the big US utilities are starting to take note

The Guardian - UK · Aug 9, 2024

Nat-Gas Prices Climb as Weekly Inventories Rise Less Than Expected

Sep Nymex natural gas (NGU24 ) on Wednesday closed up by +0.015 (+0.71%). Sep nat-gas prices Thursday climbed to a 2-week high after weekly EIA nat-gas supplies rose less than expected. The EIA reported that nat-gas inventories rose +21 bcf, below expectations of +25 bcf and below the five-year average...

Barchart · Aug 8, 2024

How Low Can Natural Gas Fall?

Nearby U.S. natural gas prices are flirting with the $2 per MMBtu level despite a record-hot summer, during which cooling demand has increased. Over the coming months, the market will shift to concerns over the peak heating season, when natural gas futures prices tend to reach highs.

Barchart · Aug 8, 2024

Forecasts for Warmer US Temps Boost Nat-Gas Prices

Sep Nymex natural gas (NGU24 ) on Wednesday closed up by +0.102 (+5.07%). Sep nat-gas prices Wednesday added to Tuesday's advance and closed sharply higher on forecasts for hotter US temperatures. On Wednesday, forecaster Atmospheric G2 said late-summer heat will spread over the middle of the US from Aug 12-16,...

Barchart · Aug 7, 2024

Nat-Gas Prices Jump as Hotter US Forecasts Spur Short Covering

Sep Nymex natural gas (NGU24 ) on Tuesday closed up by +0.068 (+3.50%). Sep nat-gas prices Tuesday posted moderate gains as short-covering emerged after US weather forecasts turned hotter for the middle of this month. On Tuesday, the Commodity Weather Group said that forecasts shifted hotter for the midwestern to...

Barchart · Aug 6, 2024

French imports of Russia's liquified natural gas surge, and Ukraine supporters seek a stop

New analyses of trade data show that shipments of Russian liquified natural gas to France more than doubled the first half of this year

The Independent UK · Aug 6, 2024

Nat-Gas Prices Pressured by Cooler US Temps and Elevated Stockpiles

Sep Nymex natural gas (NGU24 ) on Monday closed down -0.025 (-1.27%). Sep nat-gas prices on Monday dropped to a 3-1/2 month nearest futures low and closed moderately lower. Forecasts for cooler US weather amid elevated nat-gas stockpiles are weighing on prices. Forecaster Maxar Technologies said Monday that forecasts trended...

Barchart · Aug 5, 2024