Natural Gas

Brent crude oil prices expected to weaken

Brent crude oil spot prices in February averaged between $108/bbl and $112/bbl for the eighth consecutive month. EIA expects the Brent crude oil price to weaken as non-OPEC supply growth exceeds growth in world consumption. The Brent crude oil price is projected to average $105/bbl and $101/bbl in 2014 and 2015, respectively. FULL STORY »

U.S. OIL OUTLOOK: Winter Highlights

Temperatures east of the Rocky Mountains have been significantly colder this winter (October-February) compared with the same period both last winter and the average for the past 10 years. FULL STORY »

Marcellus natural gas takeaway pipeline projects advance

Last week, the Federal Energy Regulatory Commission (FERC) approved three projects to increase natural gas takeaway capacity from the Marcellus Shale formation. FULL STORY »

Natural gas outlook: Record withdrawals equal record low storage

The 262 billion cubic foot (Bcf) withdrawal from storage reported today placed Lower 48 natural gas storage levels at 1,923 Bcf, which continues the recent trend of storage levels falling below the 5-year range. FULL STORY »

EIA projects robust growth in natural gas production, trade

On Monday, EIA published its base case version of its 2014 Annual Energy Outlook. FULL STORY »

European natural gas storage remains low heading into winter

Unlike in the United States, where natural gas inventories just before winter are above average, European storage levels at the end of October were significantly lower than normal for this time of year. FULL STORY »

FERC approves operation of natural gas export pipeline to Mexico

The United States later this summer will add close to 10% to its natural gas export capacity to Mexico following the June 14 approval of a 0.37 billion cubic feet per day (Bcf/d) pipeline that crosses the border at a point in far western Texas. FULL STORY »

Natural gas prices averages $3.97 per MMBtu for June

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 »

Natural gas production declines in the GOM strong on the mainland

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

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 »

U.S. natural gas stocks are lower than last year

As of May 31, 2013, working gas stocks totaled 2,252 Bcf, which is 616 Bcf less than at the same time last year, but only 69 Bcf below the five-year (2008-12) average for the end of May. EIA projects working gas stocks at the end of this summer's stock-build season (end of October) will reach 3,813 Bcf, about 117 Bcf below the level at the same time last year. FULL STORY »

Prev 1 2 3 4 5 6 7 8 9 10 Next

7080 Series Self-propelled Forage Harvesters

ProDrive™ senses which axle has more traction and sends power to that axle. A new faster, more reliable spout turning ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Leads to Insight