Hedging future production is an important strategy for oil and gas producers, and helps ensure future supply. Companies in Appalachia use it as a way to fight against price volatility at local hubs.
Once again, the latest “Polar Vortex” exposed the problems of the anti-pipeline business in the Northeast. This is a massive problem for a region that is increasing using more natural gas yet doesn’t produce any itself. The need for more pipeline capac…
Natural gas is the reliable, flexible energy source we need to bring more wind and solar power online. Gas can be ramped up in a matter of minutes to compensate for their natural intermittency.
Natural gas prices have significantly declined, and the current upside to the market isn’t great.
The U.S. has become too reliant on outside nations for the key minerals needed for the future energy and technology world. Fortunately, we have the reserves to change this and become more self-sufficient, just like we have for oil and gas in the past d…
Let’s close out the year with a few graphics on the U.S. oil market. Many sides to this story, but know that our own rising production is the lid on prices.
The winter is natural gas’ time to shine, and demand can double over summer. Let’s get some thoughts on gas prices as we stand at the beginning of the heating season.
The world is much more poor that most Westerners realize, and limiting energy options cannot be a goal.
Oil prices were up but have fallen down a bit again. Extending the OPEC, non-OPEC production cut agreement beyond March 2018 is an obvious necessity.
It’s taken a while of course, but U.S. natural gas prices have started to rise right at the start of the winter heating season, where demand can double from summer to up over 140 Bcf/d.
Pennsylvania’s Marcellus shale gas play offers huge environmental and economic benefits for the entire nation.
Sunken prices and an economic spiral has left Venezuela’s oil sector in the lurch and that’s a problem for the entire global oil market.
The Clean Power Plan was heavy handed regulation that was trying to accomplish what the free market is already accomplishing: significant declines in U.S. power sector CO2 emissions.
Hurricanes in the Gulf region are more significant for U.S. crude production than they are for U.S. natural gas production, with Nate lowering output more so than Harvey.
A combination of factors have converged to make U.S. WTI crude oil significantly cheaper than Brent, and American crude exporters are enjoying the benefits.
LNG exports from the U.S. to the world deserve policy support, as they help us and help a mostly poor world get more access to modern, clean energy.
Natural gas prices have been pretty flat staying below $3, but a colder winter amid a lower-than-normal storage level could quickly change that and install $4 gas again.
Propping up uneconomical nuclear power plants with subsidies is governments choosing winners and losers and is unwise energy policy.
U.S. natural gas prices will remain extremely low for a very long time. And importantly, more production and exports will help us solve many of the world’s energy and climate challenges without increasing our own prices, so they must be supported.
The global LNG market continues to change, so let’s hit some key graphics to help Americans better understand this market – a market that we will continually make a splash into.
Led by the great Utica shale play, Ohio is emerging as one of the most import U.S. natural gas states of them all. Fact is: as our power system continually turns to gas, we only have 10 significant gas producing states. So, thanks Ohio!
Unlike gasoline, the impact of Harvey on natural gas prices has been highly limited. In future, storms in the area will indeed be bearish for pricing via demand destruction. An article dedicated to the great people of the Gulf.
The U.S. gas market is our fastest growing and most dynamic major energy market. Gas has been our main source of power and is the required backup for wind and solar power. There’s perpetual value in analyzing where the gas market stands at any given mo…
For analyzing the oil market, stick to the fundamentals. These are the most vital of all possible words: “oil demand is significantly increasing.”
Mexico’s road to shale gas will be long and winding, but we know that the resource is surely there. Given the shift to using gas over oil, significant production is essential the country’s energy future.
While U.S. crud oil production has surged, our imports have also remained very high. Given the complicated inner workings of the oil market, however, and the fact that Canada is increasing our main supplier: don’t fret.
Always keep up to date on the natural gas market: gas is the most dynamic major fuel, with ever increasing demand. And the developing nations are just now starting to get access to gas.
Nigeria faces serious oil production problems, but a gradual rebound is starting. The huge economic potential of Africa’s largest nation is undeniable and should make oil companies want to help out.
Asia is easily the world’s most vital incremental gas demand market. And U.S. LNG is highly desirable in the region.
By exporting more oil and natural gas, the U.S. has a very unique opportunity to buffer the rising influence of Russia.
The global LNG market is perhaps the fastest growing major energy market in the world. It’s constant rise stems from a constantly globalizing world and the increasing desire to use natural gas to lower greenhouse gas emissions and support intermittent …
A variety of factors are increasingly critical to today’s and tomorrow’s oil market. Let me illustrate just a few.
Natural gas is the fastest growing major fuel in both the U.S. and the world. Becoming more aware of the factors that can increase prices is a continual must.
Make no mistake: some huge gas pipeline projects are coming to the critical Northeast to help production, but to also increase gas-on-gas competition.
Mexico’s oil sector has been in decline since giant oil field Cantarell peaked in 2004. But, make no mistake, the historic 2013 Energy Reforms will help re-install Mexico as one of the world’s leading producers.
Although competitors, Australia and the U.S. have very different gas markets, and the latter is unlikely to face the LNG problems faced by the former.
California Governor Jerry Brown should know that its oil and natural gas that power his state.
The world’s most basic energy fact is a simple one: global oil demand will continue to increase.
Potential long-term U.S. LNG supply contracts with China could help reduce pollution and make natural gas the world’s most important fuel in a carbon constrained world.
The U.S. oil export boom is of historical significance and will continually change the global oil market. It could be the basis of a growing energy relationship with China, for instance, that would give both countries leverage over Russia, Iran, and so…
Oil and natural gas account for about 65% of total U.S. energy demand, and it’s always worthwhile to see some new charts on the market conditions of these two critical energy sources.
Coal, oil, and natural gas will remain critical energy sources for decades to come, so the risk that more investments in them will become stranded isn’t practical.
More exports amid flat production are the bullish factors for natural gas, but know that even a rise to $4 is still low historically.
Not only has Pennsylvania surged its own natural gas production, but the state has really been the driving force behind a national “dash to gas.” And there’s so much more to come for the Keystone State.
There are logical reasons why California might not be the clean energy leader some claim that it is.
The U.S. splash into the global LNG game is a game-changer, and although we face heavy competition, a tightening of global supplies in the early-2020s will open the door for us even more.
Mexico importing increasingly huge amounts of piped U.S. natural gas is a well covered story, but Mexico has also been taking in U.S. LNG due to pipeline constraints from an underdeveloped gas system in the country.
As we move out of the heating season, a quick update on the fundamentals and pricing side of natural gas is in order.
Once the darling of the U.S. natural gas business, the legendary Haynesville shale play is awakening once again.
The ability of the U.S. to export oil and natural gas is growing. We are getting critical help from outside buyers, and Mexico is at the forefront.
Nearly reaching three months into 2017, let’s look into how EIA projections have changed for this year and next in the world of oil and natural gas.