Last month, we reported that while short-term crude prices were near 20-year lows, natural gas futures prices for the year 2021 were reaching 24-month highs. The rally in natural gas prices in 2021 wa...
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The market price for oil has been consistently bearish since global oil demand destruction conversations began in early March. On Monday, April 20th, that outlook manifested itself into a day that oil...
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On Sunday, March 8th, the NYMEX natural gas market opened at approximately $1.67/MMBtu. By the early morning hours of Marh 9th, it dropped down to almost $1.60 and ended the day up about 9¢, at $1.78/...
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Last week, Williams Company and its partners announced that they have cancelled plans for the construction of the Constitution Pipeline. This new 124-mile natural gas pipeline, shown in Figure 1, woul...
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It is hard to believe that natural gas traders and analysts remain bearish given current prices. But the amount of gas being produced is outpacing demand and continues to place downward pressure on pr...
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Natural Gas basis prices for the winter of 2019/2020 have decreased by 28% since the middle of October. Figure 1 shows how the basis price for this winter started to rally in August, reaching its peak...
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This week, a major milestone was reached in the natural gas market. For the first time in two years, the amount of natural gas in storage has exceeded the 5-year average. In Figure 1, the 5-year range...
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In New York, natural gas is the new front in the war on climate change. While natural gas is much cleaner than coal, environmental groups argue that expanding natural gas infrastructure (building pipe...
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Over the last two weeks, there has been a significant increase in the price of prompt month (October) natural gas. Since the beginning of the year, prompt month gas prices had been declining. That sli...
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