NYMEX Price Crashes Following Warm 15-Day Weather Predictions

Even though the Freeport LNG export facility is in the midst of restarting and is now using 1.5 Bcf/d (billion… Continue reading The post NYMEX Price Crashes Following Warm 15-Day Weather Predictions first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

Read More...

Ongoing Low NatGas Prices Affecting Production, M&A, Everything

According to a recent Reuters article, “A 46% drop in natural gas prices this year is rippling across the U.S…. Continue reading The post Ongoing Low NatGas Prices Affecting Production, M&A, Everything first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

Read More...

New England to See Sky-High Electricity Bills Well into the 2030s

Here’s a fact that mainstream media largely ignores: Households in the Boston area pay about 50% more for electricity than… Continue reading The post New England to See Sky-High Electricity Bills Well into the 2030s first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

Read More...

NYMEX Futures Price Hits 21-Month Low, Settles at $2.68/MMBtu

This is getting painful. Are we beginning to settle into “lower for longer” once again, with natural gas prices trading… Continue reading The post NYMEX Futures Price Hits 21-Month Low, Settles at $2.68/MMBtu first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

Read More...

NYMEX HH Price Crashes Again, Closes Below $3 First Time 20 Mos.

It’s brutal out there–with respect to the price of the NYMEX Henry Hub futures price. Yesterday the HH dropped below,… Continue reading The post NYMEX HH Price Crashes Again, Closes Below $3 First Time 20 Mos. first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

Read More...

Expert Says Price of NatGas Will Soar Again When Freeport Restarts

What the heck? This morning the price for the “front month” NYMEX Henry Hub futures contract (for February) almost sank… Continue reading The post Expert Says Price of NatGas Will Soar Again When Freeport Restarts first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

Read More...

Henry Hub Price is Crashing – When Will it Go Higher Again?

Yesterday the NYMEX Henry Hub price for natural gas dropped 27.5 cents from the previous day to close at $3.31/MMBtu…. Continue reading The post Henry Hub Price is Crashing – When Will it Go Higher Again? first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

Read More...

EQT CEO Says “Gas Markets in the U.S. are Broken”

The CEO of the largest natural gas driller/producer in the U.S., EQT’s Toby Rice, is currently attending the Atlantic Conference… Continue reading The post EQT CEO Says “Gas Markets in the U.S. are Broken” first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

Read More...

US NatGas on Track for Record Low Demand in January

U.S. natural gas demand is on track to hit record lows in January if unseasonably warm weather sticks around, according… Continue reading The post US NatGas on Track for Record Low Demand in January first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

Read More...

January STEO Predicts Record NatGas Production in 2023, 2024

Once a month, the analysts at the U.S. Energy Information Administration (EIA) issue the agency’s Short-Term Energy Outlook (STEO), their… Continue reading The post January STEO Predicts Record NatGas Production in 2023, 2024 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

Read More...

NYMEX Natural Gas Price Nosedives – Price Hits New One-Year Low

The “front month” (Feb. 2023) NYMEX Henry Hub price for natural gas took another nosedive yesterday, hitting its lowest price… Continue reading The post NYMEX Natural Gas Price Nosedives – Price Hits New One-Year Low first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

Read More...

S&P Sees “Headwinds” for Expanded NatGas Production in 2023

S&P Global Commodity Insights published an analysis article speculating on the overall level of natural gas production we can expect… Continue reading The post S&P Sees “Headwinds” for Expanded NatGas Production in 2023 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

Read More...

NatGas Price in Freefall Due to Warm Weather – Prospects for 2023

The NYMEX Henry Hub price for natural gas is once again in freefall. Over the four previous trading sessions, the… Continue reading The post NatGas Price in Freefall Due to Warm Weather – Prospects for 2023 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

Read More...

Bottom Drops Out of Natural Gas Price as Weather Forecast Warms

While the commodity price of natural gas has always drifted up and down, we can’t remember a time (in our… Continue reading The post Bottom Drops Out of Natural Gas Price as Weather Forecast Warms first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

Read More...

December STEO Prediction: Production & Prices Up in 2023

Once a month, the analysts at the U.S. Energy Information Administration (EIA) issue the agency’s Short-Term Energy Outlook (STEO), their… Continue reading The post December STEO Prediction: Production & Prices Up in 2023 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

Read More...