Last month OPEC’s oil production fell short by 3.58 million barrels per day (bpd), which is 3.5% of global oil… Continue reading The post Oil Supply Shock, Soaring Prices Coming in Next Few Months first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...In a clear sign the Democrat Party is desperate with a national election (national referendum on Biden) just 44 days… Continue reading The post Biden Tells Gasoline Vendors to Lower Prices NOW, Before Election first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Once a month, the analysts at the U.S. Energy Information Administration (EIA) grab the official Henry Hub pricing dart board… Continue reading The post Sept. EIA STEO Predicts $9 NatGas in 4Q22, $6 NatGas for 2023 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...The U.S. natural gas NYMEX futures price for the “front month” October contract lost another 3.8% on Tuesday, hitting a… Continue reading The post Why has NYMEX HH Price Dropped Like a Rock? Closed at $7.84 Weds. first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...A futures contract is a legal agreement to buy or sell a particular commodity asset (like natural gas) at a… Continue reading The post M-U NatGas Futures Prices See Big Drop Compared to Henry Hub first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...We’re carefully watching for the day when the futures price of Henry Hub natural gas passes the important psychological barrier… Continue reading The post HH Futures Price Comes Within a Whisker of Hitting $10/MMBtu first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...According to Bloomberg, natural gas is “the hottest commodity in the world” right now. Since the start of last year,… Continue reading The post NatGas Hottest Commodity in World – US Price Up 100%, Europe 700% first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Wow! What a difference two years can make. At the dawn of the pandemic, the share price for publicly traded… Continue reading The post Marcellus/Utica Drillers Reimburse Stockholders as Cash Piles Up first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Each month the U.S. Energy Information Administration (EIA) issues a monthly Short-Term Energy Outlook (STEO). In May, the STEO made… Continue reading The post EIA Cuts 2H22 LNG Export Prediction by 14%, HH Price by 44% first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Yesterday the NYMEX natural gas price lost 20% of its value in a single day for the second time in… Continue reading The post NYMEX NatGas Price Drops 20% in Single Day re Freeport LNG, Storage first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Strap in–the roller coaster ride continues. Yesterday the NYMEX Henry Hub front-month (July) futures contract for natural gas plunged 10%,… Continue reading The post NYMEX NatGas Price Down 10% After High Storage Number Released first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Freeport LNG provided an update yesterday to inform the public about what happened at its export facility just south of… Continue reading The post NYMEX NatGas Down 20% in Single Day on Freeport LNG Bad News first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Not many months ago it appeared the Marcellus/Utica was about to replay a movie we’ve seen before: not enough pipelines… Continue reading The post M-U Production & Demand Pretty Much in Balance, Prices Remain High first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Although the NYMEX price for natural gas took a plunge yesterday due to news that the country’s second-largest LNG export… Continue reading The post Spot Price for NatGas in Marcellus/Utica Soars, Up 209% in May first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Each month the U.S. Energy Information Administration (EIA) issues a monthly Short-Term Energy Outlook (STEO). Last month, in May, the… Continue reading The post EIA’s STEO Predicts Henry Hub Gas Price to Avg $8.69 in 3Q22 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
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