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Natural gas prices averages $3.97 per MMBtu for June
06/20/2013 6:30:00 AM
Natural gas spot prices averaged $4.04 per MMBtu at the Henry Hub in May 2013, down 13 cents from the $4.17-per-MMBtu average seen the previous month. EIA expects the Henry Hub price will increase from an average of $2.75 per MMBtu in 2012 to $3.92 per MMBtu in 2013 and $4.10 per MMBtu in 2014. FULL STORY »

House begins Farm Bill debate
06/20/2013 6:00:00 AM
Can a spirit of compromise continue? The U.S. House of Representatives this week began debating its version of the Federal Agriculture Reform and Risk Management Act of 2013 (FARRM), following its passage through the House Agriculture Committee in May. The U.S. Senate passed their version of the bill last week. FULL STORY »

Measuring consumer satisfaction for beef producers 
06/20/2013 5:40:00 AM
Nevil Speer, Western Kentucky University, discusses crossbreeding beef cattle, and the value of consumer satisfaction to beef producers. FULL STORY »

Natural gas production declines in the GOM strong on the mainland
06/20/2013 5:30:00 AM
Natural gas marketed production is projected to increase from 69.2 Bcf/d in 2012 to 70.0 Bcf/d in 2013, and to 70.4 Bcf/d in 2014. Onshore production increases over the forecast period, while federal Gulf of Mexico production declines. Natural gas pipeline gross imports, which have fallen over the past five years, are projected to remain near their 2012 level over the forecast. LNG imports are expected to remain at minimal levels of around 0.4 Bcf/d in both 2013 and 2014. FULL STORY »

U.S. natural gas prices expected to fluctuate between seasons
06/19/2013 5:30:00 PM
EIA expects that natural gas consumption, which averaged 69.7 Bcf/d in 2012, will average 70.0 Bcf/d and 69.6 Bcf/d in 2013 and 2014, respectively. Colder winter temperatures forecast for 2013 and 2014 (compared with the record-warm temperatures in 2012) are expected to increase the amount of natural gas used for residential and commercial space heating. However, the projected year-over-year increases in natural gas prices contribute to declines in natural gas used for electric power generation from 25.0 Bcf/d in 2012 to 22.5 Bcf/d in 2013 and 22.1 Bcf/d in 2014, although these forecast levels are still high by historical standards. FULL STORY »

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