Natural Gas

Natural gas outlook: Gas in storage reaches record level

A confluence of unsupportive market conditions served to undermine gas prices at all pricing points during the week. The Henry Hub price closed down 44 cents for the week to $3.11 per million British thermal units (MMBtu) on November 16. FULL STORY »

Natural gas outlook: Working natural gas in storage increases

Working natural gas in storage rose to 3,831 billion cubic feet (Bcf) as of Friday, November 4, according to EIA’s Weekly Natural Gas Storage Report. FULL STORY »

Natural gas outlook: Consistent price declines across the board

The Henry Hub spot price showed a slight increase over the weekend, but closed down 26 cents for the week to $3.39 per million British thermal units (MMBtu) on November 2. FULL STORY »

Natural gas outlook: Price to rise as snow enters forecast

The weatherman’s promise for chillier temperatures later this week and mention of the word "snow" in some forecasts was the likely catalyst propelling prices upwards this week. FULL STORY »

Gas price could slide another 20 cents by year-end

Retail gasoline prices have dropped about 50 cents a gallon since the spring, and motorists could see them slide another 20 cents before the end of the year. FULL STORY »

Oil jumps to $94 ahead of Europe debt plan

Oil prices jumped to $94 a barrel Tuesday on tightening crude supplies and as investors seemed confident that a plan in Europe to contain the region's debt crisis would be revealed soon. FULL STORY »

Oil price rises above $91 on signs of growth

Oil prices jumped nearly 5 percent Monday, reaching the highest level in more than two months, on signs of economic growth in the U.S. and Asia. FULL STORY »

Oil prices rise on US, European economic news

Oil prices rose Friday on encouraging economic news from the U.S. and Europe, raising hopes for stronger demand in the months to come. FULL STORY »

Oil prices fall after Gadhafi's death

The price of oil fell after the death of Libyan dictator Moammar Gadhafi, although it should take months for Libya's oil industry to recover and for the full impact to be felt on world markets. FULL STORY »

Natural gas outlook: Storage figures rise, modest price gains

Natural gas prices posted modest net gains at most market locations across the lower 48 States. The Henry Hub spot price increased from $3.54 per million Btu (MMBtu) last Wednesday, October 12, to $3.58 per MMBtu yesterday, October 19. FULL STORY »

Oil up to near $87 on European debt plan hopes

Oil prices inched back up to near $87 a barrel Monday as market sentiment improved on hopes for a European debt crisis deal and as upbeat U.S. retail sales data boosted hopes that the world's biggest economy will avoid recession. FULL STORY »

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