The U.S. has the largest liquefied natural gas export capacity in the world and emerged as the top exporter as of July 2022, according to a Sep. 6 report from the U.S. Energy Information Administration. U.S. LNG exports averaged 11.2 billion cubic feet per day (bcf/d) during the first half of 2022, up by 12…...
Natural gas pipeline exports from West Texas to Mexico were documented to be at record levels at 1.6 billion cubic feet per day (bcf/d) during May 2022, according to an Aug. 18 report from the U.S. Energy Information Administration. The administration also reported U.S. gas pipeline exports to average 1.4 bcf/d for the period Jan-May…...
The U.S. emerged as the world’s top liquefied natural gas exporter during the first half of 2022, according to a July 25 report from the U.S. Energy Information Administration. U.S. LNG exports averaged 11.2 billion cubic feet per day (bcf/d), up by 12 percent compared to the same period in 2021. An increase in U.S…....
The U.S. Energy Information Administration slashed its spot natural gas price forecasts for the second half of 2022 according to a July 12 report primarily due to lower-than-expected liquefied natural gas exports stemming from the extended outage at the Freeport LNG facility. The agency expects 10.5 billion cubic feet per day in U.S. LNG exports…...
The Pennsylvania Public Utility Commission on June 17 published complete details of their $234 million impact fees spendings in 2021 on natural gas producers. Till date, the commission has distributed $2.2 billion impact fees to Pennsylvania communities including this year’s distribution. The impact fee, also known as unconventional gas well fee, is paid by all…...
Several states that have ambitious clean energy and emissions reduction mandates are investigating the role of natural gas in the shift to a low-carbon power system. Actions at the federal level, spurred by the Biden administration’s goal of net-zero emissions by 2050, are also catalyzing efforts to decarbonize the gas system.
U.S. President Joe Biden announced on March 8 that the U.S. will ban imports of Russian oil and gas and energy, “targeting the main artery of Russia’s economy.” This is latest action taken by the Biden administration in response to Russia’s invasion of Ukraine that began nearly two weeks ago. Biden noted that the effort…...
Russia’s attack on Ukraine has roiled global markets, causing oil prices to soar at a time when the world is recovering from the economic fallout of the COVID-19 pandemic. The conflict, entangled with the global energy crisis, has been met with heavy economic sanctions from the U.S. and most European countries. Companies across the oil and gas value chain have also announced plans to abandon investments in Russia.
A group of 18 U.S. Senators on March 3 introduced legislation called the “Ban Russian Energy Imports Act” aimed to prohibit the import of Russian crude oil, petroleum, petroleum production, liquified natural gas and coal, following Russia’s invasion of Ukraine. The bill would declare a national emergency with respect to Russian aggression and at once…...
Russia’s invasion of Ukraine has been met with heavy economic sanctions from the U.S. and most European countries, while companies across the oil and gas value chain have announced plans to abandon investments in Russia. The Railroad Commission of Texas has also shown its support to encourage oil and gas companies to discontinue business associations…...