Cold Snap Roiled Gas Market
The February cold snap that pushed liquefied natural gas (LNG) prices to record highs is also roiling liquid petroleum gas (LPG), leading to shortages of the gas that’s used for heating and cooking as well…
Tagged: USExports
U.S. Keeps China’s Factories Booming
Remember all the media coverage just a few months ago about Chinese manufacturers poised to collapse due to lack of overseas buyers? It didn’t happen. Chinese factories are booming. Chinese goods are flooding into U.S…
Oxygenates, Metals Leaching Into U.S. Oil Supply Chain
The complex web of U.S. pipelines, tanks and export terminals that’s helped make America the world’s top oil producer is causing a headache for some crude buyers, industry analysts say.
As various types of crude…
Backlog May Depress Imports, Economist Says
The surge of cargo that moved through U.S. ports in December increased both wholesale and retail inventories and “until that backlog is taken care of, it will likely depress container imports for the next couple…
World Markets Racing For LNG
Liquefied natural gas (LNG) is playing an increasingly important role in the global energy mix, driven by its environmentally friendly characteristics, versatility and relatively cheap price. LNG is perceived as a transition fuel that can…
Gas Glut Creating Mixed World Market
Surging production of U.S. liquefied natural gas (LNG) and slower growth of demand in Asia this year could leave companies that have committed to long-term purchase contracts struggling to find markets, analysts say. Over the…
Consolidation Reshaping LNG Sector
The recent geographical developments in the liquified natural gas (LNG) industry are occurring at a time of consolidation. The $53 billion combination of Royal Dutch Shell and BG Group has created the world’s largest LNG…
Exxon, Qatar Plan $10 Billion Gas Plant
Exxon Mobil is making a big bet on the future of exporting natural gas. Exxon and Qatar Petroleum announced they will go ahead with a $10 billion project to export liquefied natural gas from a…
Future bright for natural gas, EIA says
U.S. Energy Information Administration (EIA) just released its Annual Energy Outlook (AEO), and it contains more than a little good news for the natural gas industry. AEO is the federal government’s official energy forecast covering…
U.S. becoming major LNG exporter
U.S. exports of liquefied natural gas (LNG) reached 1.94 billion cubic feet per day (Bcf/d) in 2017, up from 0.5 Bcf/d in 2016. As LNG exports increased, shipments went to more destinations. U.S. LNG...
