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The Latest Breaking News from Natural Gas

China boosts German business optimism, but challenges ahead

A key measure of German business optimism rose in April for the seventh month in a row amid lower natural gas prices and the reopening of the Chinese economy after COVID-19 restrictions

The Independent UK

Sky-high summer surge

Greater power usage during the summer months is heating up electricity prices as people crank up air conditioners.

Bangkok Post

Corporate con? Giant polluting investors are behind the push for hydrogen heating

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The National (Scotland)

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Nat-Gas Prices Close Moderately Low on Abundant U.S. Supplies

May Nymex natural gas (NGK23 ) on Friday closed down -0.016 (-0.71%). May nat-gas prices Friday settled moderately lower. Abundant U.S. nat-gas supplies are undercutting prices as total U.S. nat-gas stockpiles as of Apr 14 were 1.930 tcf, or +20.5%, above the 5-year average for this time of year. However,...

Barchart

The Worst Energy Stocks to Own This Month

While a resurgent global energy demand amid constrained supplies could lead to short-term gains for U.S. energy producers, a decline in the use of fossil fuels can’t be ruled out in the medium to long run. Hence, the weak fundamentals of New Fortress Energy (NFE), HighPeak Energy (HPK), and Lightbridge…

StockNews.com

Crude Climbs on Strength in U.S. Manufacturing Activity

June WTI crude oil (CLM23 ) this morning is up +0.47 (+0.61%), and June RBOB gasoline (RBM23 ) is up +1.90 (+0.74%). May Nymex natural gas (NGK23 ) is down -0.038 (-1.69%). Crude oil and gasoline prices this morning are moderately higher. Crude prices found support from today's U.S. news...

Barchart

Ready to switch from gas to electric appliances? Here’s how

By rejecting Berkeley, California’s ban on natural gas lines in new buildings, a federal appeals court has thrown into doubt dozens of similar prohibitions. But what does it mean for you?

Los Angeles Times

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Erdogan Launches Black Sea Gas Deliveries

Turkish President Recep Tayyip Erdogan on Thursday launched Türkiye’s first delivery from a Black Sea gas reserve a few weeks ahead of a general election, as Ankara aims towards energy independence. In 2020, the country discovered gas reserves off the coast of Zonguldak in the Black Sea region, which Erdogan…

Asharq Al-Awsat

Nat-Gas Prices Rebound on Forecasts for Below-Normal U.S. Temps

May Nymex natural gas (NGK23 ) on Thursday closed up +0.027 (+1.22%). Nat-gas prices Thursday recovered from early losses and closed moderately higher. Forecasts for colder-than-usual U.S. weather that will boost heating demand for nat-gas sparked short covering late Thursday morning after the Commodity Weather Group said below-normal temperatures are...

Barchart

Economic Concerns Drive Crude Prices Lower

May WTI crude oil (CLK23 ) this morning is down -1.90 (-2.40%), and May RBOB gasoline (RBJ23 ) is down -7.11 (-2.69%). May Nymex natural gas (NGK23 ) is down -0.073 (-3.29%). Crude oil and gasoline prices this morning are retreating, with crude posting a 2-1/2 week low and gasoline...

Barchart

Investors Fed Up With Fickle Stocks Cash In On This Alternative

Fed up with S&P 500 stock prices whipping all over the past year? Some investors looking for more stability think they've found a more for-sure bet: gold ETFs.

Investors Business Daily

Nat-Gas Prices Retreat on a Milder U.S. Weather Forecast

May Nymex natural gas (NGK23 ) on Wednesday closed down -0.144 (-6.09%). May nat-gas prices Wednesday fell sharply as updated weather forecasts signal milder U.S. weather, curbing heating demand for nat-gas. Forecaster Atmospheric G2 said that while colder-than-normal temperatures are expected across a large portion of the central and eastern...

Barchart

Crude Prices Fall as a Slide in Stocks Sparks Risk Aversion

May WTI crude oil (CLK23) this morning is down -1.12 (-1.39%), and May RBOB gasoline (RBJ23) is down -7.17 (-2.61%). May Nymex natural gas (NGK23) is down -0.128 (-5.41%). Crude oil and gasoline prices this morning are moderately lower and dropped to 2-1/2 week lows. A stronger dollar today is...

Barchart

Court tosses Berkeley gas ban, but wider impact is unclear

It's unclear what kind of impact a federal appellate court's ruling to overturn a first-in-the-nation natural gas ban from 2019 in Berkeley, California will have

The Independent UK

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Reason

Ninth Circuit Rules Berkeley Gas Hookup Ban Is Preempted

A local California ordinance prohibiting natural gas hookups in new construction conflicts with federal law according to a federal appellate court.

Barchart

Nat-Gas Prices Soar on Colder U.S. Temps

May Nymex natural gas (NGK23 ) on Tuesday closed up +0.091 (+4.00%). May nat-gas Tuesday rallied sharply for a second day and posted a 4-week high. Nat-gas prices rallied on outlook for colder temperatures in the U.S. that would boost heating demand for nat-gas in the northern regions of the...

Barchart

Crude Oil Higher on Dollar Weakness and Chinese Economic Strength

May WTI crude oil (CLK23 ) this morning is up +0.31 (+0.38%), and May RBOB gasoline (RBJ23 ) is down -1.40 (-0.50%). May Nymex natural gas (NGK23 ) is up +0.061 (+2.68%). Crude oil and gasoline prices this morning are mixed, with gasoline falling to a 2-week low. A weaker...

Barchart

Natural Gas- The Injection Season Begins

Nearby natural gas futures rose to a fourteen-year high in August 2022 when they probed above the $10 per MMBtu level. In Q1 2023, the price fell to a low below $2 and was around close to the low on April 18. Natural gas is a boom-and-bust energy commodity that…

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The Independent UK

Court throws out Berkeley, California's ban on natural gas

A federal appeals court has overturned Berkeley, California’s first-in-the-nation ban on natural gas in new construction, agreeing with restaurant owners who argued the city bypassed federal energy regulations when it approved the ordinance

The Independent UK

Environment groups sue EU over green label for gas, nuclear

Environmental groups have started legal action against the European Union’s executive branch in a bid to block a move to include natural gas and nuclear power generation on a list of sustainable activities

Barchart

Nat-Gas Prices Surge on Cold U.S. Temps and Record LNG Exports

May Nymex natural gas (NGK23 ) on Monday closed up +0.161 (+7.62%). May nat-gas Monday rallied sharply to a 3-week high as a shift in U.S. weather forecasts to winter-like temperatures will boost heating demand for nat-gas. Forecaster Atmospheric G2 said below-normal temperatures are seen boosting heating demand across the...

Barchart

Crude Oil Prices Fall on Weakness in Global Fuel Demand

May WTI crude oil (CLK23 ) this morning is down -1.29 (-1.56%), and May RBOB gasoline (RBJ23 ) is down -6.57 (-2.32%). May Nymex natural gas (NGK23 ) is up +0.177 (+8.37%). Crude oil and gasoline prices this morning are moderately lower, with gasoline falling to a 1-1/2 week low....

Capital & Main

With a New Pennsylvania Governor, Lawmakers Push to Move Drilling Sites From Communities

Proposed legislation would prohibit new fracking wells within 2,500 feet of an existing building or water well.

WEKU

A 15-year-old law would end fossil fuels in federal buildings, but it's on hold

A 2007 law could help the country meet its climate change goals by barring fossil fuels from new and remodeled federal buildings. But the law has been on hold and gas utilities want to repeal it.

Asharq Al-Awsat

G7 Ministers Agree to Speed up Renewable Energy Development

The Group of Seven rich nations have agreed to speed up the development of renewable energy and called for reduced natural gas consumption as they aim to ramp up the phasing out of fossil fuels, the group said in a communique on Sunday. While members recognized the need to reduce…

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