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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Natural Gas Prices in “Freefall” with Warm Weather, LNG Delay

The front-month NYMEX futures contract (based on the price of gas trading at the Henry Hub) dropped like a rock… Continue reading The post Natural Gas Prices in “Freefall” with Warm Weather, LNG Delay first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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NYMEX NatGas Price Loses $0.71 in 2 Days on Balmy Forecast

Although there are multiple (and complex) factors that work together to drive the price of natural gas up or down,… Continue reading The post NYMEX NatGas Price Loses $0.71 in 2 Days on Balmy Forecast first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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US NatGas Winter Outlook – Higher Production, Even Higher Demand

U.S. natural gas production is projected to increase a big 4% this winter, but lower-than-average storage along with an estimated… Continue reading The post US NatGas Winter Outlook – Higher Production, Even Higher Demand first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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EIA NatGas Monthly – Prices Reach Multiyear Highs in 2022

Each month the U.S. Energy Information Administration (EIA) publishes a huge report called Natural Gas Monthly. Last Friday, EIA issued… Continue reading The post EIA NatGas Monthly – Prices Reach Multiyear Highs in 2022 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Reuters Says U.S. Must Ramp Up Gas Production Due to LNG Exports

According to a column by a Reuters analyst, U.S. natural gas production will need to increase significantly to continue growing… Continue reading The post Reuters Says U.S. Must Ramp Up Gas Production Due to LNG Exports first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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