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Greater natural gas production is boost to U.S. at home and abroad

Oct 31, 2024
The expansion has boosted U.S. exports and brought down energy costs here at home.
An oil pumpjack in the Permian Basin, where natural gas production has tripled in the past decade.
Brandon Bell/Getty Images

Why OPEC is downgrading its demand forecast for the 3rd time in 3 months

Oct 14, 2024
Oil demand is still expected to grow in the coming year, but more slowly, and especially in China.
China imports more crude oil than any other country in the world. And right now, it's having economic problems.
Brandon Bell/Getty Images

New pipelines are expected to ease glut of Permian natural gas

Sep 10, 2024
Natural gas is a byproduct of oil production, and there's been a lot of that in Texas. The excess gas has depressed prices.
The U.S. recently hit a record of 13.4 million barrels of oil produced a day, nearly half of which comes from the Permian Basin in Texas. And where there's oil production, there's natural gas.
Joe Raedle/Getty Images

Natural gas demand is down, but producers can't just turn off the tap

Aug 20, 2024
The U.S. has a lot of gas stored up this year, and prices are accordingly low.
Consumers didn't need as much natural gas to heat their homes last winter, the warmest in the contiguous United States on record. Above, people enjoy the 70-degree weather along Chicago's Riverwalk in February.
Scott Olson/Getty Images

The higher price of oil is helping tank the price of natural gas

Apr 11, 2024
Stay with us here — think about chicken parts. Higher demand for white breast meat means an excess of chicken legs.
Crude oil is easier to get out of the isolated Permian Basin than natural gas, which needs pipelines to reach customers, says Ed Hirs with the University of Houston.
Brandon Bell/Getty Images

Alaska has "gobs and gobs" of natural gas, but still may need to import it

Mar 20, 2024
It’s one thing to have plenty of gas available in the ground. But in a state as big as Alaska, it’s another thing to get the gas to where people can use it.
Enstar Natural Gas President John Sims explains how pipes and machinery pump natural gas into underground reservoirs at this Kenai, Alaska, facility, where it's stored for later.
Riley Board
Coal has increasingly been replaced by alternative fuel sources, like natural gas and renewables.
Chip Somodevilla/Getty Images

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Are there signs of a slowdown for U.S. natural gas?

May 17, 2023
The number of U.S. rigs has dropped along with natural gas prices. Here's what that means for the "shale revolution."
Joe Raedle/Getty Images

So much for coal's "comeback"

Apr 20, 2023
Coal-fired electricity generation was down more than 25% and hit a first-quarter low in the U.S.
Coal-fired electricity generation has lost its luster with natural gas prices remaining low. After Russia invaded Ukraine, some experts expected coal to enjoy a competitive edge.
Diane Desobeau/AFP via Getty Images

Energy crunch eases in emerging markets, thanks to Europe’s warm winter

Apr 10, 2023
India, Thailand and other emerging markets struggled after some of the liquefied natural gas they'd expected was rerouted to Europe.
A flare tower at a natural gas facility in Indonesia. Countries like Indonesia and Bangladesh have been able to import more liquefied natural gas recently.
Azwar Ipank/AFP via Getty Images