2023 natural gas annual build begins

Warmer weather across the country is ushering in spring-like conditions and inventories of natural gas are again building. This year’s turn came earlier than last year’s, with stocks in underground storage rising 25 billion cubic feet (Bcf) in the first week of April. The [...]

Mild start to fall helps natural gas stocks recover

With the end of summer heat and milder temperatures across the U.S., the Energy Information Administration’s reports a clear boost to natural gas inventory. Recent weekly reports show stocks growing by over 100 billion cubic feet (Bcf) per day, helping to narrow the gap [...]

Natural gas stocks finally turn the corner as spring arrives

Having passed the official start of spring, natural gas stocks in underground storage across the U.S. finally posted their first gain since last fall in Thursday’s EIA report. Nationwide stocks showed a 26 billion cubic feet (Bcf) bump over last week, with six out [...]

Year-end winter storms & warmer weather impact natural gas

An extremely active pattern across the northern Pacific Ocean brought record levels of snow to the western U.S. and mountain region in the final two weeks of December. Staffing issues brought on by rampant COVID spread and heavy snow across the western half of [...]

Will the natural gas bear emerge from hibernation?

March came in like a lamb, with warmer than normal temperatures finally breaking the arctic air mass that caused so much trouble in January and February from the Midwest all way to the Gulf Coast. The ERCOT (Electric Reliability Council of Texas) crisis caused [...]

Natural gas rig counts stabilizing

October’s early start to winter saw subfreezing temperatures and snow across the upper Midwest. Prices for natural gas have been trading sideways in the $3.00 to $3.30 range despite all lingering uncertainty due to COVID-19 recovery. EIA’s natural gas stocks report saw its first [...]

Despite record stocks, natural gas prices surge to five-year high

Last week, Hurricane Delta tracked across the Gulf of Mexico following a similar trajectory to Hurricane Laura over a month ago, through the primary offshore drilling region off the coast of Texas and Louisiana. As a safety precaution, offshore platforms were again evacuated and [...]

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