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gasfacts2019

Alaska’s North Slope is estimated to hold 53.8 Tcf of natural gas hydrate resources, a sharp reduction from a survey taken 10 years ago, the U.S. Geological...

The U.S. Court of Appeals for the District of Columbia has handed opponents of the Nexus Gas Transmission system a partial victory in a key decision directing FERC to reconsider its approval for the pipeline that could have implications for infrastructure serving liquified natural gas (LNG) export facilities.

This upcoming winter may continue a general trend of starting later in the season, with a potential “false start” that begins as the West receives the cold temperatures first and the East following later in the season, which holds implications for natural gas prices, according to WeatherBELL Analytics’ Joe Bastardi, chief meteorologist.

Coming off big gains the previous two sessions, natural gas futures stalled Tuesday as a rally in the early morning hours quickly lost steam. The October Nymex contract settled at $2.580/MMBtu, off 0.5 cents after trading as high as $2.648. November also fell 0.5 cents to settle at $2.620.

Natural gas futures were trading several cents lower early Wednesday, with recent price action leading analysts to wonder if the recent short-covering rally could be coming to an end. The October Nymex futures contract was down 3.4 cents to $2.546/MMBtu shortly after 8:30 a.m.ET.

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