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The Latest Breaking News from Natural Gas

Peruvian gas firm doubles up as pre-Hispanic tomb-finder

Peruvian archaeologist Cecilia Camargo isn't your usual tomb-finder hunting for lost ruins: she works for the local gas firm.

Reuters

Nat-Gas Prices Plunge on Ample Supplies and Mild Demand

May Nymex natural gas (NGK23) on Wednesday closed down -0.191 (-8.28%). May nat-gas prices Wednesday fell sharply to a 1-1/2 week low on ample supplies and soft demand. Also, forecasts for above-normal U.S. temperatures that will curb heating demand for nat-gas are undercutting prices after Atmospheric G2 said above-normal temperatures...

Barchart

Crude Recovers Early Losses as EIA Crude Inventories Fall More Than Expected

June WTI crude oil (CLM23 ) this morning is up +0.03 (+0.04%), and June RBOB gasoline (RBM23 ) is up +1.18 (+0.46%). May Nymex natural gas (NGK23 ) is down -0.151 (-6.55%). Crude oil and gasoline prices this morning recovered from early losses and are slightly higher after weekly EIA...

Barchart

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California’s Methane Climate Solution Rewards Dairy Gas. Other States Take a Harder Line.

Incentives for cow manure methane prop up gas infrastructure — can California do better?

Capital & Main

Replacing methane with hydrogen to heat homes is a bad idea -- here's why

Hydrogen is an energy-rich gas, which releases no carbon emissions when burned. It can be used in most equipment where fossil fuels such as natural gas (methane) or LPG (liquefied petroleum gas) are currently used. In your home, that might mean a gas boiler, heater, cooker or all three.

The Conversation

Nat-Gas Prices Rebound on Outlook for Cold U.S. Temps

May Nymex natural gas (NGK23 ) on Tuesday closed up +0.034 (+1.50%). May nat-gas prices Tuesday recovered from early losses and posted moderate gains on the outlook for colder U.S. temperatures, which would boost heating demand for nat-gas. The National Oceanic and Atmospheric Organization (NOAA) said that below-normal temperatures are...

Barchart

Crude Oil Prices Retreat on Dollar Strength and Economic Concerns

June WTI crude oil (CLM23 ) this morning is down -1.73 (-2.20%), and June RBOB gasoline (RBM23 ) is down -5.97 (-2.29%). May Nymex natural gas (NGK23 ) is down -0.043 (-1.89%). Crude oil and gasoline prices this morning are sharply lower, with crude falling to a 3-week low. Dollar...

Barchart

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Nat-Gas Prices Push Higher on Below-Normal U.S. Temps

May Nymex natural gas (NGK23 ) on Monday closed up +0.040 (+1.79%). May nat-gas prices Monday morning posted moderate gains on the outlook for colder-than-normal U.S. temperatures that would boost heating demand for nat-gas. The Commodity Weather Group said below-normal temperatures are expected across the eastern half of the U.S....

Barchart

Crude Oil Prices Rise on Stronger Chinese Fuel Demand

June WTI crude oil (CLM23 ) this morning is up +0.73 (+0.94%), and June RBOB gasoline (RBM23 ) is up +2.14 (+0.83%). May Nymex natural gas (NGK23 ) is up +0.014 (+0.63%). Crude oil and gasoline prices this morning recovered from early losses and are moderately higher. A fall in...

Barchart

3 Energy Companies Struggling to Meet Demand With Oil Prices

Strong energy demand, driven by a resurgent China, and tight supplies considering surprise production cuts by OPEC+ could push oil prices higher this year. Despite the energy sector’s promising growth prospects, fundamentally weak energy stocks NextDecade (NEXT), Tellurian (TELL), and Camber Energy (CEI) are finding it challenging to stay afloat…

StockNews.com

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

Bureaucrat Ashish Kundra’s new book ‘A Resurgent Northeast: Narratives of Change’ launched in New Delhi

Author, IAS officer, and senior bureaucrat Ashish Kundra's new book on the history of Northeast India and its people, ‘A Resurgent Northeast: Narratives of Change’, was released on April 21, 2023, at an event in New Delhi. The book was launched in the presence of Kiren Rijiju- Union Minister of…

The Times of India

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

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The National (Scotland)

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Barchart

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,...

StockNews.com

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…

Barchart

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...

Los Angeles Times

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?

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Asharq Al-Awsat

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…

Barchart

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

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...

The Independent UK

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

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.

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