Market news

U.S. natural gas production hit a new record high in 2018

(Thu, 14 Mar 2019) U.S. natural gas production grew by 10.0 billion cubic feet per day (Bcf/d) in 2018, an 11% increase from last year. The increase was the largest annual volumetric growth on record and reached a record high for the second consecutive year. U.S. natural gas production measured as gross withdrawals averaged 101.3 Bcf/d in 2018, the highest volume on record. U.S. natural gas production measured as marketed production and dry natural gas production also reached new highs at 89.6 Bcf/d and 83.4 Bcf/d, respectively.

March 13, 2019 By 0 Comments Read more...

Lower 48 working natural gas stocks hit a new record for largest weekly net withdrawals in March

(Thu, 14 Mar 2019) Net withdrawals for the Lower 48 states totaled 204 billion cubic feet (Bcf) for the week ending March 8, 2019. This value is the largest value ever reported for March in the <em>Weekly Natural Gas Storage Report</em> (WNGSR). Out of the 20 largest reported March withdrawals, 5 have occurred since 2014, including last week’s (week ending March 1, 2019) reported net withdrawal of 149 Bcf.

March 13, 2019 By 0 Comments Read more...

Increases in natural gas production from Appalachia affect natural gas flows

(Tue, 12 Mar 2019) The 2019 <em>Annual Energy Outlook</em> (AEO2019) Reference case shows continued growth of natural gas production in the Mid-Atlantic and Ohio region from the Marcellus and Utica formations, resulting in increases of natural gas being transported to the Eastern Midwest and, ultimately, into the South Central region, which includes the Gulf Coast and Texas.

March 11, 2019 By 0 Comments Read more...

Working natural gas inventories in Southern California decrease to less than 36 billion cubic feet

(Tue, 12 Mar 2019) Working natural gas inventories in the Southern California Natural Company (SoCalGas) storage system have decreased during the winter (November through March) to about 35.9 billion cubic feet (Bcf) as of March 11, down more than 50% from about 81 Bcf in early November 2018. Inventories are now historically low; only five winters since 2001 have seen natural gas inventories dip lower than current levels, according to the SoCalGas data on its public electronic bulletin board.

March 11, 2019 By 0 Comments Read more...

USDA and FDA Announce a Formal Agreement to Regulate Cell-Cultured Food Products from Cell Lines of Livestock and Poultry

The U.S. Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS) and the U.S. Department of Health and Human Services’ (HHS) Food and Drug Administration (FDA) today announced a formal agreement to jointly oversee the production of human food products derived from the cells of livestock and poultry.

March 07, 2019 By 0 Comments Read more...

U.S. natural gas processing plant capacity and throughput have increased in recent years

(Thu, 07 Mar 2019) EIA estimates that between 2014 and 2017 natural gas processing capacity and processing throughput increased by about 5% on a net basis in the Lower 48 states, even as the number of individual plants declined. Natural gas processing plant utilization rates stayed constant at 66% from 2014 to 2017, but several states experienced significant changes, largely reflecting changes in natural gas production across regions.

March 06, 2019 By 0 Comments Read more...

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