US LNG Feedgas Demand at an All-Time High

U.S. LNG feedgas demand is at an all-time high, topping 13.8 Bcf/d in November. That surpasses the previous all-time high set in April this year, when feedgas demand peaked after Freeport LNG ramped up to full service following the prolonged outage that began in June 2022.

Trans Mountain's Woes Continue as Canada Announces $C888 Million Write-Down

When it rains, it pours.

Wolf Carbon Solutions to Refile Application for CO2 Pipeline

Wolf Carbon Solutions submitted a motion last week to withdraw its application to the Illinois Commerce Commission (ICC) for the development and operation of a carbon dioxide (CO₂) pipeline system known as the Mt. Simon Hub.

Natural Gas Storage is Back – Winter-Summer Forward Spreads Up To $0.80/MMbtu Average

The most powerful influence on the value of natural gas storage in North America is the difference between the average winter price in the forward curve, versus the average summer price. Seasonal natural gas supplies are stored in the summer and withdrawn to meet winter demand.

TC Energy's Virginia Reliability Project Gets FERC Approval

FERC on November 17 approved TC Energy’s Virginia Reliability Project (VRP), a brownfield expansion of Columbia Gas Transmission (TCO) that will provide an incremental 100 MMcf/d of firm mainline capacity for delivery in Columbia’s Market Area 34 in south

Crude Exports Shift Into High Gear

Crude supplies remained strong with production and imports adding 13.2 MMb/d and 6.5 MMb/d, respectively, to domestic markets. Domestic demand has been on the rise with refinery input increasing 100 Mb/d to 15.5 MMb/d as we clear the peak of maintenance season.

December Gas Futures Post Modest Gain Despite Bearish Storage Report

The EIA on Wednesday reported a 7-Bcf withdrawal for the week ended November 17, decreasing the U.S. working gas inventory to 3,826 Bcf. The build was bearish vs. last year’s 80-Bcf draw and the five-year average draw of 50 Bcf for the comparable week and expanded the surpluses vs.

Canadian Propane Inventories At or Below Average Levels In October, Butane Stocks Slip Again

Data reported by the Canada Energy Regulator (CER) for Canada’s propane inventories at the end of October place them near the middle of the five-year range.

Uranium Prices hit 15 year high

Uranium prices are up over 8% in the last three weeks, and nearly 60% over this year's lows, to $80.75 per ton. The thinly-traded commodity (the vast majority of supply is via long-term contracts) is getting squeezed. Demand has been strong with natural gas supply difficulties in Europe pushi

U.S. Propane Weekly Inventories Draw Slightly Below Industry Expectations as PADD 1 Stocks Build Despite Strong Exports

The EIA reported that total U.S. propane/propylene inventories fell by 470 Mbbl for the week ended November 17, which was less than average industry expectations for a 920-Mbbl decline and the 778 Mbbl average draw for the week. Total U.S.

Website Upgrades