Natural Gas Futures Prices Slip After EIA Reports Plump Storage Build, Expanding Surpluses

This post was originally published on this siteThe U.S. Energy Information Administration (EIA) said natural gas storage inventories for the week ending April 14 increased by a larger-than-normal 75 Bcf, indicating that supply/demand balances remain far too loose. The May Nymex gas futures contract was trading slightly lower day/day at $2.210/MMBtu early in Thursday’s session

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Shortage of New Natural Gas Infrastructure Powering Growth for Kinder Morgan; LNG to Fuel Future Strength

This post was originally published on this siteOverall natural gas demand slipped in the first quarter and prices dropped, but Kinder Morgan Inc. (KMI) said its natural gas pipeline business forged ahead and fueled earnings amid a shortage of new infrastructure that maximized the value of its existing network. “The world needs reliable and affordable

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El Niño Could Bring Scorching Temperatures This Summer, Boost Asian LNG Demand

This post was originally published on this siteThe three-year La Nina that ended in March could give way to hotter temperatures in Asia this summer and boost consumption of natural gas and other fossil fuels across the region. The U.S. Climate Prediction Center last week increased the probability of El Niño weather conditions emerging between

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