After soaring to 14-year highs in 2022, U.S. natural-gas prices have fallen 45% this year. The country’s largest gas producer doesn’t expect a rebound for many months. EQT (ticker: EQT), a Pittsburgh-...
Tag: Natural Gas Extraction
Natural Gas Prices Are Dropping. What Comes Next.
The price of natural gas fell below $3 per million British Thermal Units for the first time since May 2021 on Wednesday, and it kept dropping on Thursday. It’s a stunning decline for a commodity that ...
U.S. Natural-Gas Pioneer Struggles in His Second Act
Charif Souki has played a starring role in transforming America into an energy powerhouse, but his second attempt at exporting natural gas is foundering. Mr. Souki’s new firm, Tellurian Inc., is strug...
Freeport LNG Says It Hopes for Restart of Texas Plant in December
Freeport said production could reach 2 billion cubic feet per day in January, and full production could be back in March 2023. Photo: MARIBEL HILL/Maribel Hill via REUTERS Nov. 18, 2022 12:44 pm ET | ...
Oil Prices Could Jump in December. Energy Stocks Should Get a Jolt.
Oil prices have had a quiet November, holding steady around $90 per barrel. There’s a good chance the calm won’t last. A new set of sanctions from Europe will ratchet up the pressure against Russia an...
Opinion: Oil companies can’t just ‘drill baby drill’ at will. Here’s what it really takes to ramp up energy production.
As energy prices rage, President Biden and Republicans have urged companies to increase drilling to lower oil and gasoline prices from 14-year highs. But it’s not that simple. Even after permits are a...
Natural Gas Took a Dive. A Warmer Winter Could Keep Prices Down.
Natural-gas prices were poised for their largest yearly percentage rise in 23 years before erasing much of that gain in the span of six sessions this month. The U.S. market shifted from worries about ...
Oil ends higher; natural gas prices post a weekly loss of more than 20%
Oil futures ended higher on Friday, while natural-gas futures extended their losses into a sixth-consecutive session to end the week with a loss of more than 20%. Price action West Texas Intermediate ...
These 27 stocks can give you a more diversified portfolio than the S&P 500 — and that’s a key advantage right now
You probably already know that because of market-capitalization weighting, a broad index such as the S&P 500 SPX, -0.80% can be concentrated in a handful of stocks. Index funds are popular for goo...
New England Risks Winter Blackouts as Gas Supplies Tighten
Listen to article (2 minutes) New England power producers are preparing for potential strain on the grid this winter as a surge in natural-gas demand abroad threatens to reduce supplies they need to g...
Higher Heating Bills Poised to Hit U.S. Households This Winter
High fuel prices have been a big driver of inflation, pumping up the cost of summer travel and air conditioning, and federal energy forecasters say that staying warm this winter will be more expensive...
African gas becomes a focus for EU countries trying to replace Russia supply
DAKAR, Senegal (AP) — A new liquefied natural gas project off Africa’s western coast may only be 80% complete, but already the prospect of a new energy supplier has drawn visits from the leaders of Po...
10 energy stocks that are analysts’ favorites as OPEC makes oil-production cuts
The OPEC+ group of oil-producing countries has agreed on a drastic cut to the global supply. The speculation has helped oil reverse its recent declines. And that means it’s time to take another look a...
Electric Bills Soar Across the Country as Winter Looms
U.S. utility customers, faced with some of their largest bills in years, are set to pay even more this winter as natural-gas prices continue to climb. Natural-gas prices have more than doubled this ye...
Why Natural Gas Won’t Hyper-Inflate in the U.S. as It Has in Europe
Text size Natural gas is flared off in the Permian Basin in Andrews, Texas. Joe Raedle/Getty Images Natural-gas prices soared 35% in Europe over the weekend, as Russia cut off flows from a key pipelin...
Europe’s Energy Crisis Threatens Glass Production
BERLIN—European businesses as diverse as car makers, bottle manufacturers and skyscraper builders—not to mention artisanal glassblowers—are preparing for a possible glass shortage if the loss of Russi...
Natural Gas Stocks Are Beating Oil Names. Here’s Why.
Text size Unlike oil, natural gas has no cartel to stabilize prices, so they are likely to remain volatile. Joe Raedle/Getty Images) Oil prices have traded lower for most of July, with U.S.-traded cru...
European natural gas prices surge as Norwegian outage adds to supply woes
Natural gas prices in Europe surged on Monday to their most expensive since the early stages of Russia’s invasion of Ukraine as proposed strikes in Norway increased fears about inadequate supply. Natu...
Russia Takes Control of International LNG Project
Russia took control of the international consortium behind the giant Sakhalin-2 oil-and-natural-gas project, handing it to a new Russian entity that will effectively give the Kremlin say over which fo...
Russian Gas Cuts Threaten World’s Largest Chemicals Hub
LUDWIGSHAFEN, Germany—For years, BASF SE one of the world’s largest chemicals companies, built its business model around cheap and plentiful Russian natural gas, which it uses to generate power and as...
Energy Stocks Oneok and Chesapeake Energy Are Down. Execs Bought Up Shares.
Text size Energy firms Oneok and Chesapeake Energy saw large insider share purchases. Dreamstime.com Two energy firms caught up in a recent price slump saw large insider share purchases. President Joe...
Dallas Cowboys Owner Jerry Jones Scores on Billion-Dollar Natural-Gas Gambit
Football season is months away, but Dallas Cowboys owner Jerry Jones already has notched a big win this year betting on natural gas. Mr. Jones took control of producer Comstock Resources four years ag...
U.S. Natural-Gas Exporter Completes First Deal With German Buyer
Venture Global LNG Inc. has struck the first binding deals by a U.S. natural-gas exporter to supply natural gas to a German company, as the European nation turns to America to help replace supplies fr...
Russia again cuts natural gas exports to European countries
Russia reduced natural gas to Europe again Friday, including cutting flows by half to Italy and Slovakia and completely to France, as countries have worked to ease their dependence on Russian supplies...
How Germany Took Over Russia’s Vast Gas-Trading Empire
After Moscow invaded Ukraine, the German government pledged to wean the country off Russian natural gas. This week, it said it would lend billions of euros to the German subsidiary of Russian gas gian...
Exxon, Diamondback, and Coterra Stock Could Continue to Rally
U.S. energy stocks outperformed every other sector in the market in 2021 and 2022. That sets up a key test this year of the industry’s staying power. Not since 2010 has energy outperformed the broader...