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The Latest Breaking News from Natural Gas

Crude Climbs on Strength in U.S. Manufacturing Activity

June WTI crude oil (CLM23 ) this morning is up +0.47 (+0.61%), and June RBOB gasoline (RBM23 ) is up +1.90 (+0.74%). May Nymex natural gas (NGK23 ) is down -0.038 (-1.69%). Crude oil and gasoline prices this morning are moderately higher. Crude prices found support from today's U.S. news...

Barchart

Ready to switch from gas to electric appliances? Here’s how

By rejecting Berkeley, California’s ban on natural gas lines in new buildings, a federal appeals court has thrown into doubt dozens of similar prohibitions. But what does it mean for you?

Los Angeles Times

Erdogan Launches Black Sea Gas Deliveries

Turkish President Recep Tayyip Erdogan on Thursday launched Türkiye’s first delivery from a Black Sea gas reserve a few weeks ahead of a general election, as Ankara aims towards energy independence. In 2020, the country discovered gas reserves off the coast of Zonguldak in the Black Sea region, which Erdogan…

Asharq Al-Awsat

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Nat-Gas Prices Rebound on Forecasts for Below-Normal U.S. Temps

May Nymex natural gas (NGK23 ) on Thursday closed up +0.027 (+1.22%). Nat-gas prices Thursday recovered from early losses and closed moderately higher. Forecasts for colder-than-usual U.S. weather that will boost heating demand for nat-gas sparked short covering late Thursday morning after the Commodity Weather Group said below-normal temperatures are...

Barchart

Economic Concerns Drive Crude Prices Lower

May WTI crude oil (CLK23 ) this morning is down -1.90 (-2.40%), and May RBOB gasoline (RBJ23 ) is down -7.11 (-2.69%). May Nymex natural gas (NGK23 ) is down -0.073 (-3.29%). Crude oil and gasoline prices this morning are retreating, with crude posting a 2-1/2 week low and gasoline...

Barchart

Nat-Gas Prices Retreat on a Milder U.S. Weather Forecast

May Nymex natural gas (NGK23 ) on Wednesday closed down -0.144 (-6.09%). May nat-gas prices Wednesday fell sharply as updated weather forecasts signal milder U.S. weather, curbing heating demand for nat-gas. Forecaster Atmospheric G2 said that while colder-than-normal temperatures are expected across a large portion of the central and eastern...

Barchart

Crude Prices Fall as a Slide in Stocks Sparks Risk Aversion

May WTI crude oil (CLK23) this morning is down -1.12 (-1.39%), and May RBOB gasoline (RBJ23) is down -7.17 (-2.61%). May Nymex natural gas (NGK23) is down -0.128 (-5.41%). Crude oil and gasoline prices this morning are moderately lower and dropped to 2-1/2 week lows. A stronger dollar today is...

Barchart

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Court tosses Berkeley gas ban, but wider impact is unclear

It's unclear what kind of impact a federal appellate court's ruling to overturn a first-in-the-nation natural gas ban from 2019 in Berkeley, California will have

The Independent UK

Ninth Circuit Rules Berkeley Gas Hookup Ban Is Preempted

A local California ordinance prohibiting natural gas hookups in new construction conflicts with federal law according to a federal appellate court.

Reason

Nat-Gas Prices Soar on Colder U.S. Temps

May Nymex natural gas (NGK23 ) on Tuesday closed up +0.091 (+4.00%). May nat-gas Tuesday rallied sharply for a second day and posted a 4-week high. Nat-gas prices rallied on outlook for colder temperatures in the U.S. that would boost heating demand for nat-gas in the northern regions of the...

Barchart

Crude Oil Higher on Dollar Weakness and Chinese Economic Strength

May WTI crude oil (CLK23 ) this morning is up +0.31 (+0.38%), and May RBOB gasoline (RBJ23 ) is down -1.40 (-0.50%). May Nymex natural gas (NGK23 ) is up +0.061 (+2.68%). Crude oil and gasoline prices this morning are mixed, with gasoline falling to a 2-week low. A weaker...

Barchart

Natural Gas- The Injection Season Begins

Nearby natural gas futures rose to a fourteen-year high in August 2022 when they probed above the $10 per MMBtu level. In Q1 2023, the price fell to a low below $2 and was around close to the low on April 18. Natural gas is a boom-and-bust energy commodity that…

Barchart

Court throws out Berkeley, California's ban on natural gas

A federal appeals court has overturned Berkeley, California’s first-in-the-nation ban on natural gas in new construction, agreeing with restaurant owners who argued the city bypassed federal energy regulations when it approved the ordinance

The Independent UK

Environment groups sue EU over green label for gas, nuclear

Environmental groups have started legal action against the European Union’s executive branch in a bid to block a move to include natural gas and nuclear power generation on a list of sustainable activities

The Independent UK

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Barchart

Nat-Gas Prices Surge on Cold U.S. Temps and Record LNG Exports

May Nymex natural gas (NGK23 ) on Monday closed up +0.161 (+7.62%). May nat-gas Monday rallied sharply to a 3-week high as a shift in U.S. weather forecasts to winter-like temperatures will boost heating demand for nat-gas. Forecaster Atmospheric G2 said below-normal temperatures are seen boosting heating demand across the...

Barchart

Crude Oil Prices Fall on Weakness in Global Fuel Demand

May WTI crude oil (CLK23 ) this morning is down -1.29 (-1.56%), and May RBOB gasoline (RBJ23 ) is down -6.57 (-2.32%). May Nymex natural gas (NGK23 ) is up +0.177 (+8.37%). Crude oil and gasoline prices this morning are moderately lower, with gasoline falling to a 1-1/2 week low....

Capital & Main

With a New Pennsylvania Governor, Lawmakers Push to Move Drilling Sites From Communities

Proposed legislation would prohibit new fracking wells within 2,500 feet of an existing building or water well.

WEKU

A 15-year-old law would end fossil fuels in federal buildings, but it's on hold

A 2007 law could help the country meet its climate change goals by barring fossil fuels from new and remodeled federal buildings. But the law has been on hold and gas utilities want to repeal it.

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Asharq Al-Awsat

G7 Ministers Agree to Speed up Renewable Energy Development

The Group of Seven rich nations have agreed to speed up the development of renewable energy and called for reduced natural gas consumption as they aim to ramp up the phasing out of fossil fuels, the group said in a communique on Sunday. While members recognized the need to reduce…

Barchart

Nat-Gas Prices Rebound on Summer-Like U.S. Temps

May Nymex natural gas (NGK23 ) on Friday closed up +0.107 (+5.33%). May nat-gas Friday recovered from a 2-1/2 year nearest-futures low and closed sharply higher. Forecasts for summer-like weather in the eastern U.S. that will boost nat-gas demand from utility companies to power air conditioning sparked short-covering in nat-gas...

Barchart

Crude Gains on the Outlook for Tighter Global Oil Supplies

May WTI crude oil (CLK23 ) this morning is up +0.66 (+0.80%), and May RBOB gasoline (RBJ23 ) is down -0.55 (-0.19%). May Nymex natural gas (NGK23 ) is up +0.052 (+2.59%). Crude oil and gasoline prices this morning are mixed. Crude has support on today's projection from the International...

The Guardian - US

Biden approves Alaska gas exports as critics condemn another ‘carbon bomb’

Energy department gives green light to exports from liquefied natural gas (LNG) program, after Willow project approved last month

The Independent UK

Senegal gas deal drives locals to desperation, prostitution

When the gas rig arrived off the coast of Saint-Louis, residents of the seaside Senegalese town found reason to hope

The Independent UK

Environmentalists: Wasted gas hurts climate, state revenue

Environmentalists and government watchdog groups have released a study estimating that Louisiana lost more than $82 million of natural gas in 2019 due to leaks, venting or flaring at production sites

Barchart

Nat-Gas Prices Tumble on Abundant U.S. Supplies

May Nymex natural gas (NGK23 ) on Thursday closed down -0.086 (-4.11%). May nat-gas on Thursday closed sharply lower for a second day on the outlook for abundant U.S. nat-gas supplies. Thursday's weekly EIA nat-gas inventories rose +25 bcf, close to expectations, which left U.S. nat-gas stockpiles a hefty +18.9%...

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