U.S. natural gas inventories surged 71 billion cubic feet in the week ended July 24, the Energy Information Administration reported Thursday. Analysts at IHS Global Insight had expected a buildup of 72 billion cubic feet. For full story, click here
A profound geographic shift in U.S. natural-gas drilling is leading pipeline companies to expand into new territories, even as prices for the fuel appear stuck in a lengthy slump. For full story, click here
U.S. natural gas inventories surged 66 billion cubic feet in the week ended July 17, the Energy Information Administration reported Thursday. For full story, click here
The number of rigs drilling for natural gas in the United States slipped 7 this week to 665, the lowest level in more than seven years, as per oil services firm Baker Hughes in Houston. For full story, click here
The U.S Natural Gas Fund expanded today to the leading position in its 27-month history as investors snapped up the last of its shares and it awaited government approval to issue more units. For full story, click here
U.S. Natural Gas Fund, the giant exchange-traded fund that tracks the gas market, was forced to stop issuing new shares on Tuesday after slipping to win regulatory approval in time. For full story, click here
The U.S. Energy Information Administration has expected natural gas prices to remain below $4 a thousand cubic feet until late this year amid robust supplies and weaker demand resulting from the economic slump. For full story, click here
The number of rigs drilling for natural gas in the United States slipped 3 to 700 this week, a fresh 6-1/2-year low, according to a report issued Friday by oil services firm Baker Hughes in Houston. For full story, click here
U.S. gross natural gas output in March slipped slightly from February levels but remained more than 2 percent above year-ago levels, as per the data released late last week by the U.S. Energy Information Administration. For full story, click here
U.S. gross natural gas output in March slipped slightly from February levels but remained more than 2 percent above year-ago levels. For full story, click here
Thursday, July 30, 2009