MarketWatch reported that natural gas futures are up 3 percent today as a result of data showing a bigger-than-expected fall in US supplies.
Gas Market News Directory
Mining Weekly reported that Andrew Mackenzie, CEO of BHP Billiton Ltd. (NYSE:BHP,ASX:BHP,LSE:BLT), believes that although the US shale gas industry is growing quickly, coal will continue to be the most dominant source of fuel worldwide for the coming years.
CNBC reported that according to a study completed by IHS, natural gas prices are likely to remain cheap for "at least the next 20 years." The company anticipates a long-term average annual price of $4 to $5 per million British thermal units.
The Wall Street Journal reported that natural gas futures are ending the week on a high note following forecasts that cold weather will continue in the United States during March.
Bloomberg reported yesterday that because Europe's natural gas stockpiles are currently at their highest level since at least 2009, it is unlikely that turmoil in Ukraine will cause a supply disruption.
Reuters reported that Britain plans to create a new oil and gas regulator in order to help exploration companies in the United Kingdom "speed up their search" for the fuels. The move was prompted by "plunging North Sea production rates."
The Wall Street Journal reported that natural gas prices have come down following seven-straight days of gains.
Finance Degree Center published an infographic that details how much gas Americans use, as well as how much they pay for it.
The Vancouver Sun reports that British Columbia has double the natural gas reserves than previously estimated, according to a BC government news release.
The Wall Street Journal reported that natural gas futures were up on Monday as predictions of a warm spell for the month of August led to a boost in demand