The U.S. exported 20.9 billion cubic feet per day (Bcf/d) of natural gas during 2023, up 10 percent compared to the previous year, according to an April 15 report published by the U.S. Energy Information Administration. U.S. natural gas volumes exported during 2023 were at an all time high. U.S. liquefied natural gas (LNG) exports…...
U.S. natural gas inventories are projected to remain comparatively high through 2025, according to an April 11 report published by the U.S. Energy Information Administration. High natural gas inventories are expected to dampen price volatility in U.S. gas markets and lead to relatively lower natural gas spot prices through 2025. The U.S. ended the winter…...
Natural gas prices at SoCal Citygate, the main price hub in Southern California, averaged $3.61 per million British thermal units (MMBtu) during December 2023, according to a March 25 report published by the U.S. Energy Information Administration. The average spot price during December 2023, was the lowest December spot price in eight years, when adjusting…...
Multiple states in the U.S. have initiated long-term proceedings to examine the operations of natural gas utilities, aiming to incorporate the implications of electrification goals and…Read the full report …...
Multiple states in the U.S. have initiated long-term proceedings to examine the operations of natural gas utilities, aiming to incorporate the implications of electrification goals and emissions reduction requirements into the planning processes of distribution utilities.
The Environmental Protection Agency’s upcoming rule to limit carbon dioxide emissions from fossil fuel-fired power plants will omit existing natural gas-fired plants, according to a Feb. 29 statement. The rule is expected in April. The agency plans to take a new approach to address emissions from the existing gas-fired fleet, covering more pollutants and ensuring…...
The Minnesota Public Utilities Commission has formalized planning requirements for the state’s major natural gas utilities. The initiative stems from the 2021 gas price spike during Winter Storm Uri, which underscored the need for a comprehensive planning approach to safeguard consumers from price volatility. The process aims to ensure safe, reliable, and cost-effective utility service…...
The U.S. is projected to retire 5.2 gigawatts (GW) of electricity generating capacity in 2024, according to a Feb. 20 report published by the U.S. Energy Information Administration. The expected retirement of power generating capacity this year is 62 percent lower than 2023 and is the lowest yearly decline since 2008. Coal and natural gas…...
U.S. natural gas prices during 2023 were relatively lower, due to increases in natural gas supply surpassing the rise in natural gas demand, according to a Feb. 12 report from the U.S. Energy Information Administration. Domestic gas production and imports were robust during 2023, amid a backdrop of high U.S. natural gas storage levels. In…...
For years now, lawmakers and regulators across the U.S. have intensified their scrutiny of the competitive electricity market for residential consumers in order to address…Read the full report…...