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Energy / Gas Prices

Why Natural Gas Prices Will Rise This Summer

Mar 27, 2018 at 17:15 | Nick Cunningham

Record production of natural gas is snuffing out any price rally that might have occurred from the bout of cold weather this winter. The gas market saw a jolt at…

Azerbaijan-Europe Gas Pipeline Gets $1B In Funding

Mar 23, 2018 at 17:52 | Eurasianet

The European Investment Bank (EIB) has approved 932 million Euros ($1.15 billion) in loans for the Trans Anatolian gas Pipeline (TANAP) being constructed across Turkey to carry gas from Azerbaijan…

China Is Single-Handedly Solving The Gas Glut

Mar 02, 2018 at 17:14 | Tim Daiss

While there’s no secret that China has increased its natural gas usage, at least for those that follow energy developments, this winter’s gas demand for the country of 1.3 billion…

The Benefits Of Higher U.S. Gasoline Taxes

Feb 26, 2018 at 13:27 | Robert Rapier

Recently Democratic Senator Tom Carper of Delaware said that President Trump was floating the possibility of a fuel tax increase of 25 cents per gallon to pay for his new infrastructure plan.…

LNG Prices Remain Strong Despite Oversupply Concerns

Feb 16, 2018 at 16:45 | Ag Metal Miner

With major new projects coming onstream in Australia and the rising output from the U.S. shale producers, the global liquefied natural gas (LNG) market was widely predicted to enter a…

Why Natural Gas Prices Just Tanked

Feb 01, 2018 at 12:21 | Jude Clemente

The NYMEX February natural gas contract expired Monday at $3.63 per MMBtu, the highest expiration for a contract we have seen since January 2017. Now the prompt month, March gas…

New Importers Keep LNG Markets Tight

Jan 19, 2018 at 17:08 | Alan Mammoser

As the U.S. and Australia join Qatar as major natural gas exporters, the LNG supply surge that began to materialize in 2014 continues. Yet despite growing supply, the long-anticipated…

Will 1 Billion EVs Crash Gasoline Demand?

Jan 08, 2018 at 14:47 | Jon LeSage

Vehicle fuel consumption should see a major decline globally, but it won’t happen for a couple of decades. Last year was big on announcements from automakers, and suppliers, and tech…

Gas Wars: The First Energy Conflict In 2018

Jan 02, 2018 at 13:40 | ZeroHedge

The eastern Mediterranean is expected to witness the first conflict of 2018, as developments at the end of 2017 are signaling worsening relationships between Turkey and the Greek Cypriot-Greece-Israel-Egypt bloc. Territorial…

Oil-Rich Venezuela Is Out Of Gasoline

Dec 29, 2017 at 14:11 | MINING.com

After lining up for an entire day to get a plane ticket to visit her relatives in the western city of Mérida, Josefina García did not know if she and…

Is Premium Gasoline A Waste Of Money?

Dec 19, 2017 at 13:42 | Robert Rapier

If you are like many Americans, you may occasionally treat your car to premium gasoline. You might not be certain whether it helps, but it can’t hurt, right? Maybe not, but…

UK Gas Prices Rise Most In 8 Years On Explosion, Outages

Dec 12, 2017 at 11:06 | ZeroHedge

It has been a tough week already for those that heat their homes in Britain (and those that trade Natural Gas). Following extreme weather warnings and the forties pipeline…

Are NatGas Prices About To Explode?

Dec 11, 2017 at 14:05 | Kent Moors

American natural gas prices are at their lowest since February. As I write this, Henry Hub (the primary confluence of pipelines in northern Louisiana at which the NYSE daily futures…

Gasoline Prices Begin To Fall As Demand Tapers Off

Dec 04, 2017 at 14:31 | Zainab Calcuttawala

Gasoline prices in the United States are slowly falling after a Thanksgiving high, according to emerging data on the fuel’s price points. But drivers should enjoy the current falling…

Thanksgiving Travelers Smash Records

Nov 22, 2017 at 17:25 | Haley Zaremba

As we all know from the personal experience of enduring long lines at the airport and inching along frosty highways in bumper-to-bumper holiday traffic, Thanksgiving week is unquestionably one of…

Shell Gears Up For Peak Gasoline

Nov 07, 2017 at 13:41 | Jon LeSage

Royal Dutch Shell is hedging its bets over the next two decades with expectations that motor fuel consumption will be diminishing and other markets rising. Since the oil price plummet…

U.S. Gasoline Demand Climbs To Record Highs

Nov 01, 2017 at 10:01 | Irina Slav

Gasoline demand in the United States reached the highest level on record in August this year, at 9.77 million bpd, or up by 83,000 bpd from August 2016. That’s according to…

LNG Becomes A Buyer’s Market

Oct 23, 2017 at 16:51 | Tsvetana Paraskova

The world’s liquefied natural gas (LNG) market has dramatically changed over the past few years. Continuously growing supply has led to a glut, and the U.S. starting LNG exports has…

Will Low Oil Prices End Saudi Arabia’s Gas Subsidies?

Sep 18, 2017 at 12:24 | Tsvetana Paraskova

Although Saudi Arabia has managed to narrow its budget deficit, the Kingdom continues to feel the fiscal pressure of low oil prices, and is mulling over the phasing out…

Hurricane Irma’s Wrath Weighs On Natural Gas

Sep 12, 2017 at 17:18 | Nick Cunningham

Hurricane Irma has left millions of people without power in Florida, a critical situation that could take a painfully long period of time to sort out. Estimates vary, but some…

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