Natural Gas
Natural gas outlook: Cold weather conditions elevate consumption levels
Extremely cold weather conditions moving across the country strained production capability and elevated consumption levels related to heating needs this report week (January 26-February 2). Spot prices increased sharply in many parts of the country, including the West and Midcontinent regions, where prices had shown little upward pressure this winter. During the report week, the Henry Hub spot price increased $0.15 to $4.55 per million Btu (MMBtu).
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Natural gas outlook: February 2011 contract price falls
At the New York Mercantile Exchange (NYMEX), the February 2011 contract price fell 7.0 cents to $4.491 per MMBtu from the previous Wednesday.
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Natural Gas Outlook: Prices Fall As Bitter Cold Weather Subsides
Natural gas prices fell at most market locations across the country, as bitterly cold weather subsided. At the Henry Hub, the natural gas price fell 7 cents from $4.55 per million Btu (MMBtu) on Wednesday, January 12, to $4.48 per MMBtu on Wednesday, January 19.
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Natural Gas Outlook: Cold Forecasts Lift Futures Prices Higher
At the New York Mercantile Exchange, futures prices increased during the report week, likely in part due to forecasts of continuing cold weather and improving economic conditions.
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U.S. Natural Gas Consumption Expected To Decline In 2011
EIA expects total natural gas consumption to decline by 0.9 percent in 2011. Projected residential and commercial consumption fall by about 2.7 percent in 2011 partly because of the forecast of 1.3 percent fewer heating degree-days during the winter months this year compared with last year
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US GAS: Futures Fall As Forecasters See Late-January Warmth
Natural gas futures fell Thursday as slightly warmer weather forecasts hit gas-heating demand expectations and limited the boost from a government report that showed a larger-than-average decline in gas inventories.
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Natural Gas Outlook: Cold Weather Leads To Higher Spot Prices
Natural gas spot prices rose at all domestic pricing points, likely in response to expectations for still-colder weather. The Henry Hub price rose 33 cents per million Btu (MMBtu) (about 8 percent) for the week ending January 5, to $4.52 per MMBtu.
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Natural Gas Outlook: Demand Higher On Cold Weather, Spot Prices Down
Extremely cold weather conditions moving across the country boosted demand for space heating this report week. Spot prices nonetheless decreased in most markets, likely influenced by storage for winter usage remaining near historical highs and very strong current supplies.
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Video: Gas Company Explores Protein Scraps For Natural Fuel
The Gas Company is testing out a plan to turn beef, pork, chicken and fish scraps into natural gas.
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Natural Gas Outlook: Spot Prices Increase Across The Board
At the New York Mercantile Exchange (NYMEX), the price of the natural gas near-month contract (January 2011) also increased, rising from $4.269 per MMBtu on December 1 to $4.606 per MMBtu on December 8.
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Natural Gas Outlook: Spot Prices Increase Across The Board
At the New York Mercantile Exchange (NYMEX), the price of the natural gas near-month contract (January 2011) also increased, rising from $4.269 per MMBtu on December 1 to $4.606 per MMBtu on December 8.
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