As a result of COVID-19, the US and global market is suddenly facing a potential recession. The virus is impacting the economy in a myriad of ways as travel is curtailed, conferences and events are cancelled, and self-imposed and...
Read more..
Archive // Natural Gas
San Juan Gas Production Declines to Boost West Gas Volatility?
March 5, 2020 |
Permian gas has had far reaching consequences on the US, and even the global, natural gas markets. Permian associated gas production has dragged down NYMEX, pushed Waha prices negative, and ramped up the pain on adjacent basins. However, in...
Read more..
Read more..
Mild Winter Saves California Gas Storage… For Now
February 27, 2020 |
Disaster averted. At least for now. With just a few weeks left to go in withdrawal season, SoCal Gas is likely breathing a sigh of relief as warmer-than-average temperatures in the region may have prevented the need to shut...
Read more..
Read more..
Summer Natural Gas Outlook – Shut-ins Ahead?
February 25, 2020 |
Over the last few years, natural gas production and demand growth have been increasingly segregated geographically. Production growth has occurred outside of the Gulf Coast, mainly in Appalachia and the Permian, while most demand growth has been driven by...
Read more..
Read more..
Wind Generation Creates Headwinds for Natural Gas
February 20, 2020 |
As renewables build out continues across the United States, the impact of renewables on hydrocarbon generation is becoming more pronounced. While low natural gas prices have allowed natural gas to continue to make inroads against coal, wind generation and...
Read more..
Read more..
Does ESG Present a Risk to 1.2 MMb/d of Permian Production?
February 4, 2020 |
Despite the start of Gulf Express Pipeline (GCX) in September 2019, Waha natural gas spot prices are trading at $0.43/MMBtu as of Feb. 4, 2020. BTU Analytics’ most recent data indicates flaring volumes in the Permian were around 580...
Read more..
Read more..
Coal-to-Gas Switching 2020
January 30, 2020 |
The mild winter of 2019-2020 has seen lackluster storage withdrawals and a building storage surplus which will leave the US natural gas market long in summer 2020. While LNG exports continue to put up solid year-over-year gains of an...
Read more..
Read more..
