In The News

WSJ - Natural-Gas Prices Surge, and Winter Is Still Months Away
Sunday, 09/19/2021

September 19, 2021 – Wall Street Journal

Natural-Gas Prices Surge, and Winter Is Still Months Away

By: Ryan Dezember

The U.S. Energy Information Administration on Thursday will give a fresh estimate of the volume of natural gas in storage, which it last estimated to be 16.5% less than a year ago. Now is the time of year when drillers fill storage tanks and caverns to get through winter, when demand is greatest and households are most exposed to higher prices in their heating bills.

“The time to replenish stocks for the winter is rapidly...

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AFR - Pain as well as gain from soaring LNG prices
Thursday, 09/16/2021

September 16, 2021 – The Australian Financial Review

Pain as well as gain from soaring LNG prices

By: Angela Macdonald-Smith

However, the sky-high prices have some downsides for Australian producers, both in providing more scope for US LNG exports to compete in the Asian market and running the risk of derailing LNG import plans by emerging price-sensitive markets in Asia such as Vietnam.

The soft prices for LNG for much of 2020 largely left US LNG “mostly out of the money” for delivering to Asia or Europe, RBN Energy’s Lindsay...

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CBC - Why natural gas prices have surged to some of their highest levels in years
Thursday, 09/16/2021

September 16, 2021 – CBC News

Why natural gas prices have surged to some of their highest levels in years

By: Tony Seskus

Martin King, senior analyst at RBN Energy, said the Alberta spot price for natural gas was around $4.80 a gigajoule on Thursday morning. With the exception of a February price spike amid a nasty North American cold snap, it's some of the highest prices he's seen in years.

"It's pretty astounding," King said.

"We're seeing seven-year highs for natural gas both in the U.S. and Canada and, on the...

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OilPrice - Europe’s Energy Crisis Is Driving Up Natural Gas Prices Worldwide
Thursday, 09/16/2021

September 16, 2021 – OilPrice.com

Europe’s Energy Crisis Is Driving Up Natural Gas Prices Worldwide

By: Tsvetana Paraskova

U.S. natural gas prices may cool with pleasantly warm early fall weather, analysts say.

Yet, the natural gas/LNG supply squeeze globally is setting the stage for record winter prices, Lindsay Schneider at RBN Energy wrote last week.

“The incredible bull run for global gas prices has been underpinned by high demand for LNG and the cascading effect of a supply squeeze in Europe, brought on by the...

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NGI - Searing Western Heat, Supply Woes Bolster Weekly Natural Gas Prices
Friday, 09/10/2021

September 10, 2021 – Natural Gas Intelligence

Searing Western Heat, Supply Woes Bolster Weekly Natural Gas Prices

By: Kevin Dobbs

National output, which had averaged near 92 Bcf/d during the summer months, struggled to top 90 Bcf through most of the trading week, as producers struggled to assess and address  Ida-imposed damage. Throughout the week, three-fourths of natural gas in the Gulf of Mexico remained shut-in, according to Bureau of Safety and Environmental Enforcement estimates.

Ida “amplified already-heightened supply fears,” said...

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