ShaleBlog.com » Natural Gas Price

Will Natural Gas Investments Drive Down Prices?

admin — Thu, 04 Aug 2011 17:42:10 +0000

Major capital investments in the North American gas shales sector could accelerate rates of drilling and production to cause downward pressure on prices. An article on the Reuters.com website explores gas shale investments and their potential impact upon prices.

Profitability of United States Shale Gas Plays

admin — Tue, 02 Aug 2011 18:31:24 +0000

The low price of natural gas has some people questioning the profitability of shale gas plays in the United States. An article on the NASDAQ.com website explores these questions – especially with the entry of major oil companies into the plays.

LNG: Yesterday’s Customers are Today’s Competitor

admin — Mon, 16 May 2011 20:30:55 +0000

An article on the EnergyTribune.com website reviews how just a few years ago LNG terminals were being built in the United States to receive liquefied natural gas, yet today some of those same terminals and more are candidates for exporting the same commodity.

Spot Prices for Natural Gas Rose in 2010

admin — Fri, 11 Mar 2011 17:19:38 +0000

“Wholesale spot natural gas prices rose across the country in 2010. Average spot natural gas prices at the Henry Hub—a key benchmark location for pricing throughout the United States—rose about 12% in 2010 but still averaged under $4.50 per million British thermal units (MMBtu).” Quoted from the Energy Information Administration article.

Low Prices and Renewables are Obstacles to Natural Gas Development

admin — Thu, 30 Dec 2010 02:13:01 +0000

An article on the CNBC website explores how low natural gas prices and a push for more renewable energy sources will be obstacles for natural gas development…. but some people think that both of these are “good”.

Alaska Natural Gas Pipeline “Not Economical”

admin — Tue, 28 Dec 2010 02:33:55 +0000

According to a FuelFix.com article, analysts at the Energy Information Administration say that “increased capital costs and lower natural gas prices make it uneconomical” to construct a new pipeline to bring natural gas from Alaska to the lower 48 states.

Shell Will Become a Natural Gas Company

admin — Thu, 16 Dec 2010 02:25:40 +0000

Even though natural gas prices have fallen significantly and many in the industry say that there is a “gas glut”, Shell Oil Company is investing heavily in natural gas. President Marvin Odum says they will produce more gas than oil by 2012. More at CNN Money.

Natural Gas Inventories Near 5-Year Highs

admin — Mon, 13 Dec 2010 01:42:40 +0000

Wellhead prices for natural gas have been low. Total inventory levels are near the 5-year high for this time of year. Data from Energy Information Administration.

Natural Gas Output to Drop Slightly in 2011

admin — Sun, 12 Dec 2010 18:52:18 +0000

The United States Department of Energy expects natural gas drillers to cut back on new drilling in response to lower natural gas prices. Some companies such as Chesapeake Energy are moving their focus toward drilling for oil. More at Bloomberg.com.

Range Resources Hedges 2011 Production

admin — Wed, 08 Dec 2010 22:07:15 +0000

Range Resources has entered into agreements that promise most of its 2011 natural gas production at a price of $5.12 per million BTU. Much higher than current market prices. More at the Star-Telegram website.

UK Gas Supplies Unbalanced

admin — Wed, 08 Dec 2010 21:42:05 +0000

Natural gas supplies in some parts of the UK are out of balance with very cold weather, an LNG supply source running out of gas, system pressures falling, and spot prices shooting up. More at Bloomberg.

Low Natural Gas Prices in 2011

admin — Sun, 05 Dec 2010 19:34:10 +0000

An article in the Oil and Gas Journal gives a forecast of low natural gas prices through 2011 based mainly on an abundance of new gas from shale.

Renegotiating LNG Contracts in Japan

admin — Thu, 02 Dec 2010 14:49:41 +0000

The largest natural gas distributor in Japan is renegotiating all of is contracts with LNG suppliers. More at Bloomberg.com.

Price War: Wind Energy vs Natural Gas

admin — Tue, 30 Nov 2010 00:04:01 +0000

In early 2009 falling wind energy prices crossed an important barrier – they fell lower than the energy cost of natural gas. Since then gas prices have plummeted and wind energy is back to a disadvantage. More at SmartGrid.

ExxonMobil: The Long-Term Natural Gas Outlook

admin — Mon, 22 Nov 2010 21:21:08 +0000

Steve Kirchhoff, the ExxonMobil vice president for natural gas, reviewed a number of factors that will determine the long-term direction of the natural gas industry in the United States. More at PennEnergy.com.