According to the International Energy Agency (IEA), the “lifeblood” of the global energy system is…investment. That is, money. Without investment, new sources of energy don’t appear. In 2016 IEA began to publish an annual report called World Energy Investment, in order to track spending on all forms of energy worldwide. Earlier this week IEA published
Read More...While on the surface the liquefied natural gas (LNG) marketplace may seem simple and straightforward, when you dig down you’ll find it is complex. There are different kinds of contracts between those who sell the gas, those who liquefy and ship it, and those who buy it. The LNG marketplace is, with the entrance of
Read More...The pipeline situation today in the Marcellus/Utica region is far different than it was just a year or two ago. Not long ago lack of pipelines meant we had an overabundance of natural gas in the region without buyers, driving prices into the basement. Today? It’s all different. Because of new and expanded pipelines coming
Read More...The Natural Gas Supply Association (NGSA) yesterday released its 2019 Summer Outlook for Natural Gas report (summary below). It’s not much different than the Winter Outlook was (see NGSA Winter Forecast: High Demand + High Production = Flat Prices). NGSA predicts natural gas demand will reach new all-time highs this summer. However, natural gas production
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Trinidad’s Atlantic LNG facility Although natural gas prices in New England at the Algonquin City Gate trading hub (Boston) spiked a few times this past winter, they didn’t spike anywhere near as
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. This is nuts! This is insane! Because of overproduction, lack of pipelines, and an existing pipeline down for maintenance, natural gas sellers at the Waha natural gas trading hub (in West Texas)
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