Tag: U.S. natural gas

U.S. natural gas prices rose by 3% on Monday following forecasts that weather is set to remain hotter than expected through early September, particularly in Texas. This historically warmer weather has propelled an increased demand for air conditioning, thereby spurring an increase in natural...

U.S. natural gas futures declined by approximately 2% on Tuesday amid lower gas flows to domestic liquified natural gas (LNG) plants. The downfall comes as milder weather forecasts drive down demand for heating. Power generated by gas countrywide rose by 43% over the past...

The Group of Seven nations agreed during their meeting on Saturday to reinstate support for gas investments amid concerns by climate change activists that this move could compromise climate change goals. The G7 called this a "temporary" step that would help the nations concerned...

Cheniere Energy Inc. reported a record first quarter profit despite being faced with falling natural gas prices. The company drew a net income for the period attributable to common stockholders of $5.4 billion, thereby beating estimates by a wide margin, the company confirmed in...

U.S. power consumption is expected to decline in 2023 by about 1% compared to the record high reached in the previous year, the U.S. Energy Information Administration (EIA) reported in its Short-Term Energy Outlook (STEO) released on Tuesday. This decline is expected to be a...

U.S. natural gas futures were up by about 1% on Tuesday as the volume of gas flowing to liquified natural gas (LNG) export plants remains at historically high levels. These high levels of gas flow come after Freeport LNG's plant in Texas reopened in February...