In The News

Wednesday, 10/09/2019

October 8, 2019 – The Wall Street Journal

Natural-Gas Producers Hard Hit by Tanking Prices

Supply glut drives down price, creates existential dilemma for gas-field companies

By Sarah Troy

It is going to take a heck of a winter to ease the pain for natural-gas investors and producers.

Dragged down by a supply glut, U.S. natural-gas futures recently suffered their longest losing streak since at least 1990, according to Dow Jones Market Data. The front-month gas futures contract fell 12 consecutive trading sessions...

Wednesday, 10/09/2019

October 8, 2019 – Seeking Alpha

Gas producers slammed as supply glut drives down prices

By Carl Surran

[…] "It is going to take a cold winter and more exports to keep natural gas prices out of the cellar," says RBN Energy's Rusty Braziel, chief executive of RBN Energy, and Tudor Pickering Holt analysts recently warned that nat gas might fall below $2/MMBtu before prices hit a floor. […]

[…] U.S. production rose to a record 37T cf last year, and the Energy Information Administration forecasts dry natural...

Wednesday, 10/09/2019

September 27, 2019 – Houston Chronicle

Enterprise Products Partners builds multibillion dollar empire ‘chasing demand’

By Sergio Chapa

Every morning at 8 a.m., executives and staff at Enterprise Products Partners meet in the board room of the company’s downtown Houston headquarters. Only one topic is on the agenda: how to make money that day.

The tradition began in 1968 when the late Houston businessman Dan Duncan founded the company as a propane delivery business. Some five decades later, the company has not only found ways to make money...

Thursday, 10/03/2019

October 02, 2019 – Natutal Gas Intelligence

Too Much Production, Not Enough Demand Leave NatGas Prices Lower Again

By Leticia Gonzales

With only pockets of demand across the United States, a significant drop in production on Tuesday did little to stop a slide in natural gas prices that has left the prompt month nearly a quarter lower than it was a week ago. The November Nymex gas futures contract fell another 4.7 cents to settle at $2.283/MMBtu. December dropped 2.4 cents to $2.48.

Cash prices were mixed as the upper high pressure that is...

Wednesday, 09/25/2019

September 23, 2019 – CNBC

The days of sharp, sustained spikes in oil prices are likely gone for now, analyst tells Jim Cramer

By Kevin Stankiewicz

Global shakeups that cause dramatic and sustained spikes in oil prices are, for now, unlikely to occur, oil expert Rusty Braziel told CNBC’s Jim Cramer on Monday.

Braziel’s remarks on “Mad Money” come a little more than a week after half of Saudi Arabia’s oil production was knocked...