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At the same time, natural gas production in the Northeast decreased 2% (0.8 Bcf/d) this report week. In California, price changes were mixed this report week. The price at PG&E Citygate in Northern California rose 69 cents from $2.83/MMBtu last Wednesday to $3.52/MMBtu yesterday. The price at SoCal Citygate in Southern California decreased 4 ...
Oct 3, 2024 · 03 October 2024. Producers and consumers need to work together to ensure secure global gas supplies amid mounting geopolitical concerns, according to new IEA report. Global demand for natural gas is increasing at a stronger rate in 2024 than in the previous two years, which were heavily affected by the turmoil of the global energy crisis.
May 29, 2024 · Strong natural gas production in western Canada Footnote 2 this winter also contributed to current storage levels. Despite a dip in production in January because of a cold snap, which froze many wells shut, production continued at a level above the previous 5 years from November 2023 to March 2024 Footnote 3.
Jun 26, 2024 · End-use natural gas demand by sector, and natural gas use for electricity generation are available in the Data Appendix of CER’s Canada’s Energy Future 2023. Note that the demands for some of 2021, 2022 and 2023 are estimates. Description: This dashboard displays two charts. The first is a Sankey chart with the total yearly supply and the ...
May 19, 2024 · Natural gas inventories are 19% higher than they were a year ago, and 31% above the 5-year average. Inventories are high due to a combination of U.S. production outpacing demand growth, but also ...
Feb 22, 2023 · Natural gas prices saw large falls and were exceptionally volatile in the second half of 2022, driven by dynamics in the European markets. The European gas price has fallen more than 70% after reaching an all-time high in August 2022 and is now below its price prior the end of 2021 Q3. In the United States, prices have dropped to an 18-month ...
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Nov 6, 2023 · Global LNG supplies and natural gas stocks will likely meet demand this winter 2023–24, but risks remain. Release date: November 6, 2023. Relatively full natural gas inventories in the United States and Europe as well as expanded global export and import capacity for liquefied natural gas (LNG) have improved the likelihood that supply will be sufficient to meet demand in global natural gas ...