The infrastructure behind America’s power grid is in pretty bad shape, and has more and more Americans turning to backup home generators. Generac, the largest U.S. 106 more words
Tags » Natural Gas
Prices for natural gas are bouncing this morning in New York as a blizzard blasts through the northeastern United States.
Natural gas futures are up 3.5% to roughly $3 per million British thermal units on the New York Mercantile Exchange. 8 more words
Oversupply in the natural gas market is likely to lead to lower prices this summer. While lower drilling rig counts are anticipated due to the weak price environment for both crude and natural gas, 2014’s record production growth leaves the market well positioned to coast into stronger annual production even if the month to month gains flatten out. 44 more words
Boston is just two states away from one of the world’s biggest new natural gas fields, but it’s relying on international cargos to help keep the region’s gas prices in check this winter. 175 more words
Natural-gas futures sold off Thursday after a smaller-than-expected drain on storage levels added to pessimism about an oversupplied market. The front-month February contract settled down 13.9 cents, or 4.7%, at $2.835 a million British thermal units on the New York Mercantile Exchange. 29 more words
Right now, oil is cheap, but we know that demand will return at some point, and the world’s appetite for energy is going to grow. We remain the world’s biggest energy consuming country, and when prices begin rising once again, we are going to need better energy infrastructure to ensure adequate supplies. 27 more words
The Republican-controlled House has easily passed a bill designed to expedite the approval of natural gas pipelines.
The House on Wednesday cleared legislation setting a one-year deadline for the Federal Energy Regulatory Commission to approve new applications to build gas pipelines. 12 more words