Updated Aug 22, 2024
8/22/24
Alaska’s utility and pipeline regulator supported LNG imports as a “public necessity” as the state’s largest natural gas service provider progresses plans to stave off an expected supply shortfall.
Upward price action gave way to a retreat in natural gas futures markets as of midday trading Monday, with prices see-sawing despite hotter weather expanding through the back half of June and into July.
July Nymex natural gas futures were little changed Friday as the market continued to assess the potential impacts of shifts in weather and production.
Natural gas industry advocates are taking aim at a trio of U.S. Department of Energy (DOE) rules that petitioners argue would raise prices and eliminate consumer choice.
The U.S. Department of Energy (DOE) has unveiled a national blueprint to slash greenhouse gas (GHG) emissions from buildings by 65% by 2035 and 90% by 2050, with potentially significant implications for natural gas demand.
Heating with natural gas could cost U.S. residential customers less than last year and may be more affordable than other heating fuels, according to the National Energy Assistance Directors Association (NEADA).
Piedmont Natural Gas has launched the GreenEdge program, which allows customers to purchase a blend of renewable natural gas (RNG) environmental attributes and carbon offsets to reduce emissions.
A result of both higher retail prices and higher forecast consumption, the Energy Information Administration (EIA) expects U.S. households to spend more on energy this winter compared with the 2021-22 heating season, with the largest increase for homes that heat with natural gas.
New York Gov. Kathy Hochul on Wednesday announced plans to end fossil fuel hookups, including for natural gas, in new buildings statewide within five years and accelerate deployment of clean energy.