ACCF Study Finds Building More Pipes Decreases NatGas Price by 10%

The American Council for Capital Formation (ACCF) is a nonprofit, nonpartisan economic policy organization that tilts to the conservative side…. Continue reading The post ACCF Study Finds Building More Pipes Decreases NatGas Price by 10% first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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NYMEX Gas Price Leaps 9.6% to Close at 2-Month High of $2.59

Yesterday the NYMEX Henry Hub futures price of natural gas spiked nearly 10% (9.6%)–in a single day. It closed at… Continue reading The post NYMEX Gas Price Leaps 9.6% to Close at 2-Month High of $2.59 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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NatGas Commodity Price Up 5% Yesterday – Is the Trend Our Friend?

Yesterday the commodity price of the Henry Hub natural gas benchmark (the NYMEX front-month futures price) popped by 5%, rising… Continue reading The post NatGas Commodity Price Up 5% Yesterday – Is the Trend Our Friend? first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Big NatGas Investor Says Commodity Price has Bottomed, Going Higher

John Love, who used to manage the United States Natural Gas Fund (the country’s biggest natural gas ETF), said in… Continue reading The post Big NatGas Investor Says Commodity Price has Bottomed, Going Higher first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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U.S. NatGas Production to Hit Record High in 2023, Demand to Fall

Once a month, U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about… Continue reading The post U.S. NatGas Production to Hit Record High in 2023, Demand to Fall first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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M-U April NatGas Production Falls 400 MMcf/d in Ohio, SW Pa.

S&P Global Commodity Insights reports that natural gas production in the Marcellus/Utica has fallen this month, in April, by some… Continue reading The post M-U April NatGas Production Falls 400 MMcf/d in Ohio, SW Pa. first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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CoBank: The Beginning of the End for Cheap Shale Gas

Lately, we keep reading predictions that the price of natural gas, while in the basement right now (low $2 range),… Continue reading The post CoBank: The Beginning of the End for Cheap Shale Gas first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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April STEO Trims 2023 Henry Hub by Another 3% to $2.94/MMBtu

Once a month, U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about… Continue reading The post April STEO Trims 2023 Henry Hub by Another 3% to $2.94/MMBtu first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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NYMEX Henry Hub Crashing and Burning – Lowest Close in 30 Months

We consider $2/MMBtu to be “the basement” when it comes to the price of natural gas trading at the nation’s… Continue reading The post NYMEX Henry Hub Crashing and Burning – Lowest Close in 30 Months first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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BKV IPO On Hold, M&A Deals Falling Apart Due to Low Gas Prices

CERAWeek, happening this week in Houston, Texas, is one of (perhaps THE) premier oil and gas conferences held each year…. Continue reading The post BKV IPO On Hold, M&A Deals Falling Apart Due to Low Gas Prices first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Analyst Says if Haynesville Doesn’t Dial Back, M-U Will Suffer

Enverus Intelligence Research (EIR), a subsidiary of Enverus, released its latest Macro Forecaster, a report developed for the financial services… Continue reading The post Analyst Says if Haynesville Doesn’t Dial Back, M-U Will Suffer first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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March STEO Slashes 2023 Henry Hub by Another 11% to $3.02/MMBtu

Once a month, U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about… Continue reading The post March STEO Slashes 2023 Henry Hub by Another 11% to $3.02/MMBtu first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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