US oil and gas rig count posted its largest week-on-week decline of the year, declining by seven rigs vs. a week ago to 583 for the week ending April 11 according to Baker Hughes.

Amid concerns that funding for California’s hydrogen hub could be on the chopping block, a bipartisan group of lawmakers has asked the Department of Energy (DOE) to preserve funding for the $1.2 billion project, which they described as a “strategic investment in energy innovation.” The letter was

Natural gas production in Appalachia was on a sharp upward trajectory during the early part of the Shale Era but has stalled in recent years as pipelines out of the region have become much more cumbersome to build.

Combined natural gas production of the equity partners in LNG Canada was estimated to be 2.09 Bcf/d in February (combined height of the rightmost colored bars in chart below), a modest drop from 2.20 Bcf/d recorded in January, and fractionally higher than one year ago.

The EIA reported total U.S. propane/propylene inventories had a build of 1.5 MMbbl for the week ended April 4, which was more than industry expectations for an increase of 611 Mbbl and the average build for the week of 472 Mbbl. Total U.S.