Natural gas prices in the Permian spent the first half of the year in the red. Then, in mid-June, Kinder Morgan flipped a switch and now Waha prices are back above zero. The “switch” was a compression expansion on Gulf Coast Express, which added a desperately needed 570 MMcf/d of takeaway capacity.
Demand for natural gas in Northeast and pipeline capacity out of Appalachia are poised to grow in the coming years, but will production follow suit? Even if market conditions improve, it’s not a done deal. Today, we look at which producers are best positioned to grow if conditions warrant.
Total U.S. LNG feedgas demand was down sharply last week, with lower intake at Freeport, Sabine Pass, Corpus Christi and Calcasieu Pass.
There are several approaches hyperscalers can take to mitigate the climate-related impacts of their increasing gas consumption for data centers. These include buying and retiring environmental credits; capturing and sequestering gas-plant CO2; and developing more renewables and nuclear capacity.
Efforts to develop a new LNG export terminal along the Delaware River near Philadelphia appeared to be going nowhere. But now it seems that Penn America Energy’s moribund plan for such a project has gained new life with a new company name and a new site — in Eddystone Borough, PA.
U.S. LNG feedgas demand rose last week as Golden Pass LNG restarted following a brief shutdown.
A number of states have been early movers in the data center world, but several in the Northeast — while not yet major data center hubs — are laying the groundwork for a much bigger role. Today, we examine the plans of several states and how they could impact the region’s natural gas market.
Many hyperscalers now acknowledge that they will rely heavily on natural gas-fired generation to power their new data centers, at least for the near term. But that conflicts with “net zero” goals, so many AI giants are moving to mitigate the environmental impact of their fast-rising gas use.
U.S. LNG feedgas demand rose last week as Freeport returned to full operations and Corpus Christi Stage III began taking feedgas at its seventh and final train.
Liquids pipelines operate quite differently from their gas-pipeline cousins. They are regulated under a different law than gas pipelines, plus they face broader competition. As a result, they enjoy more flexibility in some respects but less in others than gas systems.
