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gasfacts2019

A perplexing surge in natural gas forward markets continued for a third straight week, stacking double-digit gains on top of already hefty prices through the upcoming winter, according to NGI’s Forward Look.

The U.S. House of Representatives has approved a trio of measures that would block Trump administration efforts to expand areas of oil and natural gas drilling off shores of the United States.

The Pennsylvania Department of Environmental Protection (DEP) has ordered Sunoco Pipeline LP to cover exposed pipelines carrying refined products and natural gas liquids (NGL) at dozens of locations across the state.

The Environmental Protection Agency (EPA) and Department of the Army published Thursday a final rule to repeal the 2015 Clean Water Rule (CWR), which extended regulatory protection to smaller upstream rivers and creeks, saying they would restore the regulatory text that existed before the Obama-era rule.

Natural gas bulls regained some of their lost momentum Thursday after last week’s heat helped produce a smaller-than-expected inventory build in the latest government storage data. After slipping during the previous two sessions, the October Nymex contract gained 2.2 cents to settle at $2.574/MMBtu; November added 1.6 cents to $2.605.

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