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Energy Market Assessment: Restoring upward mobility of the masses will have a profitable oil & gas drilling boom

Oil & Gas 360º

(Oil & Gas 360) – Switching Back To An Employer-Driven Economy (From Ruler-Driven) Restoring Upward Mobility Of The Masses Will Have A Profitable Oil & Gas Drilling Boom. Last weeks 80 Bcf draw in working natural gas inventory has it down at 1,760 Bcf on February 28 (Figure 9, red line).

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What's behind the fall of US Gas Reserves by 25% in 2025

Energy Central

gas inventories fell to 1,760 Bcf as of February 28, ~11-12% below the 5-year average and ~25% below last year (EIA). Record withdrawals have left inventories 12% below the 2020-2024 norm, leading to tight supplies and higher prices ahead of the spring restocking season. Storage capacity in Europe is well below.

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Like a Black Friday Sale: U.S. Winter Power Prices Fall as Natural Gas Inventories Hit Eight-Year High

Rextag

is entering the cold season with the largest natural gas storage inventories since 2016, putting downward pressure on power forward prices across much of the country. Key Numbers to Watch Natural Gas Storage: 3,922 Bcf (6% above five-year average). 2024 Gas Injections: 1,640 Bcf (21% below five-year average).

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Tellurian Upstream Sale: On To Greener Pastures

Novi

Below, we reflect on the deal and walk through what might be next for the play now that gas prices are back in the mid $2/Mcf range. A Quick Refresher on Haynesville Economics To be blunt, the Haynesville is essentially not economic with gas sub $3/Mcf, although we note that some pockets can work down to the $2.50/Mcf Bcf/d in Q1/24.

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EIA Lastest News – Product Prices & Pipeline News

The Energy Law

Since Wednesday, August 29, natural gas spot prices increased in most markets (exceptions were Florida and Rocky Mountain region). Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.81/MMBtu Natural Gas in Storage 3,005 Bcf UP 36 Bcf 10.4%