In The News

Friday, 02/19/2021

February 17, 2021 – Natural Gas Intelligence

Natural Gas Market Chaos Continues as Texas Governor Bans Producers From Selling Outside State

By Leticia Gonzales

…Midwest prices, however, fell by the triple-digits, as did some Rockies pricing locations. East Coast prices also started to crumble. Transco Zone 6 NY next-day gas averaged $13.495, down $1.500 from Tuesday.

“To state the obvious, prices are a function of both demand and supply, and this Arctic event has been a doozy for both sides of that equation,” said RBN Energy LLC...

Friday, 02/19/2021

February 16, 2021 – Natural Gas World

Winter Storm Wreaking Havoc in Texas [Update]

By Dale Lunan

About 34,000 MW of generation – including about 12,000 MW of wind generating capacity – was forced offline as Uri worsened through Monday. Many wind turbines in West Texas, not equipped with cold weather mitigation equipment, froze in the high winds, snow and cold temperatures, while some natural gas wells froze off and pipelines were forced to reduce throughout.

Sheetal Nasta, managing editor for RBN Energy, told NGW in an...

Friday, 02/19/2021

February 16, 2021 – Yahoo Finance

Natural Gas Price Fundamental Daily Forecast – Cold Spell May Break Up Last Week in Feb, but Return March 1-2

By James Hyerczyk

Natural gas futures surged on Tuesday as reports of power outages and production freeze-offs due to extremely cold weather conditions shocked the Gulf Coast. Natural Gas Intelligence (NGI) reported that several states in northern Mexico were impacted by the storm as natural gas shortages shut generators and left more than 4 million customers without electricity for hours on Monday....

Friday, 02/19/2021

February 15, 2021 – Natural Gas World

US Spot Gas Tops $600 as Cold Spreads

Oil, Natural Gas Majors Say Hydrogen May Lie at Heart of Energy Future

By Dale Lunan

Spot gas prices in parts of the US soared as high as US$600/mn Btu over the past weekend, RBN Energy said in a February 15 blog, as the spread of a polar vortex across much of North America pushed natural gas and electricity demand to record highs.

As the vortex, dubbed Winter Storm Uri, spread across large swaths of the Lower-48, temperatures plunged as low as -40...

Friday, 02/19/2021

February 12, 2021 – Natural Gas Intelligence

Oil, Natural Gas Majors Say Hydrogen May Lie at Heart of Energy Future

By Kevin Dobbs

So-called green hydrogen, still in its infancy, is the key for energy companies navigating what many in the industry believe is an inevitable transition from fossil fuels to renewables over the next three decades. Made using water – not hydrocarbons – green hydrogen holds promise as a genuinely clean source of fuel to power everything from factories to homes to cars. Other forms of hydrogen are not carbon free, but...