Spot Prices Wrap: Cash Climbs as Natural Gas Demand, Supply Indicators Trend Bullish
Natural gas futures posted a fourth consecutive session of modest gains as cooler weather and robust LNG exports lifted demand, while U.S. storage reports show a growing surplus. Traders remain cautious amid lingering geopolitical tension from the Iran‑U.S. conflict, which has disrupted about 20% of global oil and LNG supplies. Midwest inventories stay tight, making the market vulnerable to sharp price swings if weather turns extreme. Overall, the market balances supportive demand signals against supply‑side uncertainties.
Futures Settle: Natural Gas Extends Quiet Winning Streak as LNG, Cool Temps Boost Demand
Natural‑gas futures posted a fourth straight session of modest gains as the market balanced comfortable supply with supportive demand cues. Midwest storage inventories remain below seasonal norms, heightening sensitivity to weather‑driven price moves ahead of the refill period. LNG feed‑gas...
Golden Pass LNG Nears First Export as QatarEnergy Vessel Berths in Texas
Golden Pass LNG in Sabine Pass, Texas, is poised to load its first cargo after a QatarEnergy LNG carrier docked at the terminal’s berth. The facility’s feed gas supply averages 0.31 billion cubic feet per day, enabling liquefaction to commence....
LNG Demand Seen Rising on European Cold Snap, but Asian Weakness Keeps Gains in Check
A brief cold snap across Northwest Europe is expected to boost LNG demand over the next two weeks, offsetting the otherwise mild weather patterns in the United States that are dampening domestic gas consumption. While the European uptick adds upward...
Bison XPress Startup Redirects Bakken Natural Gas to Cheyenne Hub, Reshapes Regional Spreads
Federal regulators have approved TC Energy Corp.'s Bison XPress expansion, enabling the project to begin full service. The startup adds roughly 300 MMcf/d (300,000 Dth/d) of incremental natural‑gas takeaway capacity from the gas‑rich Bakken Shale. By routing the new flow toward the Cheyenne...
LNG Canada Nearing Full Capacity as Iran War Squeezes Global Supply
LNG Canada is set to operate at full capacity in April, loading about 15 cargoes per month. The plant’s 14.6 mtpa output will primarily serve Asian buyers as global LNG supplies tighten due to the Iran conflict. Rising demand for North...
Futures Settle: Hints of New Demand Trump War Fallout, Boosting Nymex Natural Gas
Natural‑gas futures on the NYMEX held a tight range Friday but edged higher as traders sensed a modest lift in near‑term demand. The front‑month contract gained momentum after reports of President Trump’s peace overtures, which eased geopolitical concerns tied to...
Venture Global Secures Pre-Filing Waiver for CP2 Phase 3 Buildout
Venture Global received a pre‑filing waiver from the Federal Energy Regulatory Commission for the third phase of its Calcasieu Pass (CP2) LNG expansion. The waiver eliminates the need to submit a formal pre‑filing application, potentially shaving months off the project's...
California Natural Gas Prices Collapse to Historic Lows Amid ‘Perfect Storm’ of Oversupply
California’s PG&E Citygate natural gas cash price plunged to a historic $1.165 per MMBtu, the lowest level in 25 years, as a three‑basin supply glut erased the premium built earlier in the year. The Henry Hub winter 2026/27 strip fell...
U.S. Natural Gas Exports Surge as LNG Buildout, Mexico Pipeline Demand Grow
U.S. natural gas exports are projected to reach 20.5 billion cubic feet per day by 2027, driven primarily by new liquefied natural gas (LNG) capacity coming online. Pipeline shipments to Mexico are also rising as the neighboring country’s power sector increasingly...
Chile Weighs LNG Export Hub Role for Argentine Natural Gas
Chile’s new Energy Minister Ximena Rincón announced that the country is evaluating a Pacific‑coast LNG export hub to ship Argentina’s growing natural‑gas output to Asian and global markets. Argentine shale fields, especially the Neuquén basin and Vaca Muerta, are seeing production...
European Utility Expects New U.S. LNG Supply to Soften Blow of Qatari Outage
Italian utility Edison SpA announced it has secured seven LNG cargoes from the United States to compensate for a shortfall caused by QatarEnergy’s force‑majeure declaration. The outage follows Qatar’s shutdown of super‑chilled LNG production amid Middle‑East conflict. Edison’s CEO Nicola Monti cited...
Golden Pass LNG Hits First Production, Adding Demand to Gulf Coast Natural Gas Price Hubs
Golden Pass LNG in Texas announced its first commercial LNG cargo from Train 1. The startup adds roughly 2.5 billion cubic feet per day of feed‑gas demand to the Gulf Coast, tightening regional supply. The added demand is expected to lift the...
Golden Triangle Natural Gas Storage Gets Green Light to Expand to 60 Bcf-Plus
The Federal Energy Regulatory Commission approved Golden Triangle Storage LLC’s request to add 30 billion cubic feet (Bcf) of natural‑gas capacity at its Beaumont, Texas salt‑dome complex, pushing total storage above 60 Bcf. The expansion will be completed by the end of...
Lower Natural Gas Prices Lift U.S. Power Burn as Texas, Rockies Flip to Growth Mode
Natural gas‑fired power generation rose 7% year‑over‑year in March, bringing total output back to 2025 levels. The rebound was driven by a sharp decline in natural gas prices, which restored the fuel's cost competitiveness despite the mildest March weather in...