Natural gas market didn’t shift as the crude oil market did last week, but natural gas prices did come down during the week. By the end of the week, the Nymex Henry Hub Future Price (October delivery) reached $3.70/ MMbtu,…
The natural gas prices started to decline in recent days over the decline in US demand for natural gas for cooling purposes. Here is a summary of the recent U.S natural gas market EIA report regarding the week ending on…
The natural gas markets settled last week, after the weather disruptions from recent weeks in the Gulf of Mexico and East coast of the US have stir up the energy market. Natural gas (Henry Hub) prices declined last week by…
Following the damaged caused by Hurricane Irene mainly in the East Coast, the recent Tropical Depression Lee entered the Gulf of Mexico and caused production shut downs. There may be further weather disputation in this Hurricane season (currently there are…
Hurricane Irene has passed and caused a sharp fall in demand for electricity and consequently fall in natural gas consumption; there were some reports of damage to natural gas infrastructure but it didn’t affect the natural gas production. EIA estimates…
Natural gas prices (Henry Hub) started off the week with rises that soon turned into falls; by the end of the week, natural gas prices didn’t do much and finished the week near the same price they have started. There…
The weather forecasts predict that the upcoming Hurricane Irene will strike North Carolina coming Saturday. Some predict that the upcoming Hurricane will reduce demand for natural gas as the rain and wind will curb the electricity demand for cooling households.…
The decline in temperatures throughout the US caused a dramatic fall in natural gas consumption for the power sector resulting in decreases in the natural gas prices (Henry Hub) during the week. This also means a sharp decline in imports…
Natural gas prices (Henry Hub) started August with falls, while the natural gas storage continues to pile up. Here is a summary of the recent U.S natural gas market EIA report regarding the week ending on August 5th: Natural gas…
Natural gas prices (Henry Hub) continued their downward trend they have had during the last couple of weeks of July. The domestic demand for natural gas is still robust, but experienced a small decline last week; US natural gas production…