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Natural Gas

Natural Gas Market is Poised for a Wild Ride this Fall

Since the attacks on the United States nineteen years ago, energy independence became a greater priority. Over the past years, we have become energy independent and the world’s leading producer of petroleum and natural gas. The upcoming election could determine… Continue Reading →

August Sees Natural Gas Prices Rally

Natural gas prices have soared to their highest levels since December 2019, driven by slowing production, extreme heat in certain areas, and strong demand. The August natural gas contract settled at $1.854 per MMBtu and the September contract moved into… Continue Reading →

Summer Heat Drives Demand, but Natural Gas Prices Remain Low

The month of July has ushered in record heat across the U.S. and is on track to be one of the hottest months, since 1950, when EIA began keeping records. ERCOT (Texas) set a new peak demand record for July,… Continue Reading →

Demand is Lagging, but Summer Weather Could Drive Natural Gas Pricing

After experiencing some price volatility in early May, natural gas prices have experienced an overall decline and returned to more of a sideways trading pattern, as the market attempts to digest the continuing changes in supply and demand. The June… Continue Reading →

A Bullish Run in Natural Gas Prices Subsides on Weak Demand

Natural gas prices have been on a wild ride these past couple of weeks. After a steady increase, based upon news of a dramatic decrease in oil production and therefore, a decline in associated gas production, the prompt month surpassed… Continue Reading →

Financial and Economic Uncertainty Weigh on Energy Markets

Economic uncertainty has been weighing on all markets, as the effects of COVID-19 have been shuttering businesses and overturning industries, resulting in employee furloughs and lay-offs. The energy commodity markets have been focused upon the oil market and its ability… Continue Reading →

Energy Markets Feel Impact of Volatile Financial Markets

While the financial markets have been whipsawing this week amid the news of the spread of Coronavirus, bearish pressure on the commodity markets has intensified. As oil prices have tumbled into bearish territory, there is concern across the market of… Continue Reading →

Natural Gas Prices Decline with Continued Warmer Temperatures

This year, Punxsutawney Phil took his place on Gobbler’s Knob and did not see his shadow. According to legend, this indicates an early spring in on the way. Meteorologists don’t always agree with Punxsutawney Phil, but this time, AccuWeather meteorologists… Continue Reading →

Natural Gas Bears Ring in the New Year with Low Prices

A new year, a new decade, and it’s the natural gas bears that are celebrating. The January 2020 contract settled at $2.158 per Dth, its lowest level since January 1999, following the lowest summer gas prices in 20 years. Typically,… Continue Reading →

Natural Gas Declines with High Production Output

Since early November, natural gas prices have continued to slide. A significant change from this time last year, the December contract settled at $2.470 per MMBtu, nearly 48% below the December 2018 settle. Throughout the month of November, natural gas… Continue Reading →

Colder Temperatures Bring Bulls to the Natural Gas Market

The eastern half of the United States is starting to experience or is bracing for below-average temperatures and our first real taste of winter temperatures. The Midwest and Northeast have already been experiencing colder temperatures, but next week is expected… Continue Reading →

Natural Gas Prices Lose Momentum and Turn Lower Amid Fall Temperatures

Last month, natural gas prices were rising and the October contract was pushing $2.50 per MMBtu. At month’s end, the October contract settled at $2.428 per MMBtu, but market sentiment has turned bearish. Natural gas prices have declined 16 of… Continue Reading →

Natural Gas Showing Signs of Volatility

Natural gas has experienced an uptick in pricing, after experiencing multi-year lows in July, off the backs of record level production and average temperatures. The September contract rolled off the board at $2.251 per MMBtu, a 5% increase from the… Continue Reading →

Natural Gas Prices Hit Three Year Lows with Record High Demand

Natural gas demand is at record highs, but prices continue to fall. Earlier this week, natural gas prices dropped to three-year lows while supply growth continues to outpace increasing consumption. The August contract settled at $2.141 per MMBtu, 6.5% below… Continue Reading →

A Complacent Natural Gas Market Starts to See Some Price Action

The natural gas market has been relatively complacent in recent weeks, while traders kept a close eye on the weather forecast. Tropical Storm Barry has returned some bullish sentiment back into this market, along with a forecast of above normal… Continue Reading →

Natural Gas Tumbles after Robust Storage Report

Natural gas prices settled at a three-year low this week, after another robust storage injection. The U.S. Energy Information Administration (EIA) reported an injection of 119 Bcf for the week ending May 31st, which well surpassed analysts’ expectation of 109… Continue Reading →

Natural Gas Bulls Continue to Sit the Sidelines

The bulls of the natural gas market have been pushed to the sidelines, while the bears have kept pricing below $3.00 per MMBtu. The May contract settled at $2.566 per MMBtu, more than 5% below the April contract and the… Continue Reading →

Natural Gas Prices Declining While Temperatures Increasing

Spring is upon us and the warmer temperatures these past couple of weeks have decreased demand for heating purposes. The U.S. Energy Information Administration (EIA) has reported two consecutive weeks of natural gas storage injections. Natural gas storage levels are… Continue Reading →

A Trip to the Top…of an LNG Tank

The Women’s Energy Network of Atlanta recently hosted a tour of Southern Company Gas’s Cherokee LNG (liquified natural gas) facility in Ball Ground, GA. As LNG continues to play a larger role in the U.S. natural gas market, it was… Continue Reading →

Strong Production Balances Increased Demand for Recent Heating

Natural gas has spent this past week trading in a very tight range, not pushing past key resistance levels, or dropping below key support levels. The March contract settled at $2.855 per MMBtu, about a dime below the February settle,… Continue Reading →

Bears Return to the Natural Gas Market upon Warmer Weather Forecasts

Natural gas prices have returned to sub-$3 levels for the remainder of 2019, with only next winter trading just slightly above $3.00 per MMBtu. The February contract settled at $2.950 per MMBtu, 19% below the January settlement and the February… Continue Reading →

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