article thumbnail

Weekly Gas Storage: Inventories decrease by 80 Bcf

Oil & Gas 360º

Natural Gas Inventories as of February 28, 2025 The EIA has released its natural gas inventory report, showing a net decrease of 80 Bcf as of February 28, 2025. Working gas in storage was 1,760 Bcf as of Friday, Februrary 28, 2025, according to EIA estimates. Midwest 396 424 -28 -28 582 -32.0

BCF 130
article thumbnail

Natural Gas Safeguards Energy System Through Winter Storms 

American Gas Association

Natural gas has been pivotal to keeping millions of Americans safely and affordably warm throughout these winter storms. Typically, the colder it is, the more natural gas America requires. Natural gas has a few unique characteristics that make it so well suited to be the background of our energy system.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Oil & Gas 360º

Energy Market Assessment: Restoringupward mobility of the masses will have a profitable oil & gas drilling boom- oil and gas 360 While many are worried about stock market volatility, interest rates, tariffs and other uncertainty, The Climate Changing to stimulating is driving our bullish natural gas outlook.

Oil 130
article thumbnail

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).

article thumbnail

Natural gas production in Pennsylvania was 20.2 Bcf/d in November (Hz. wells only), 1 Bcf/d below the output 12 months earlier.

Energy Central

Visit the blog to explore the full interactive dashboard These interactive presentations contain the latest gas (and a little oil). This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards.

BCF 52
article thumbnail

FROM KATY TO THE COAST: WILL KINDER MORGAN’S $1.7B TRIDENT PIPELINE MAKE NATURAL GAS MORE RELIABLE?

Rextag

billion project spanning 216 miles, designed to enhance natural gas transportation between Katy, Texas, and the Gulf Coasts LNG and industrial hub near Port Arthur. Bcf/d and is set to commence operations in the first quarter of 2027, pending regulatory approvals. Bcf/d capacity project. Bcf/d capacity project.

article thumbnail

Permian tight oil production reached nearly 5.3 million b/d, while natural gas production hit a new record of 20.7 Bcf/d!

Energy Central

Visit the blog to explore the full interactive dashboard This interactive presentation contains the latest oil & gas production data. This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards.

BCF 52