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At 2.722 trillion cubic feet, current natural gas inventories are 17.7% under the five-year average and 19.8% below the year-ago figure. Natural Gas Posts Sharp Weekly Gain on Hefty Storage ...
Gas storage facilities are gaining more importance due to changes in natural gas demands. First, traditional supplies that once met the winter peak demand are now unable to keep pace. Second, there is a growing summer peak demand on natural gas, due to electric generation via gas fired power plants. Datasource.
Other oil and gas fields are shown in gray. The La Goleta Gas Field (also known as the Goleta Gas Field and La Goleta Storage Field) is a natural gas field in unincorporated Santa Barbara County, California, adjacent to the city of Goleta. Discovered in 1929, and first put into production in 1932, it has been in continuous use ever since ...
North American natural gas injections (positive) represent additional demand and compete with alternative uses such as gas for heating or for power generation. Natural gas storage levels significantly affect the commodity's price. When the storage levels are low, a signal is being sent to the market indicating that there is a smaller supply ...
The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 72 billion cubic feet last week, within the range for an expected build of between 51 and ...
In 2012, the United States produced 25.3 trillion cubic feet of marketed natural gas, with an average wellhead value of $2.66 per thousand cubic feet, for a total wellhead value of $67.3 billion. [2] In 2013, the country produced 30.0 trillion cubic feet (TCF) of marketed gas. [3] With 7,545 billion cubic feet (BCF), the leading gas-producing ...
Marcellus natural gas trend. The Marcellus natural gas trend is a large geographic area of prolific shale gas extraction from the Marcellus Shale or Marcellus Formation, of Devonian age, in the eastern United States. [2] The shale play encompasses 104,000 square miles and stretches across Pennsylvania and West Virginia, and into eastern Ohio ...
Natural Gas Weekly Update: Weekly summary and discussion of events and trends in U.S. natural gas markets. [12] Data and Surveys Gasoline and Diesel Fuel Update: Weekly price data for U.S. national and regional averages. Monthly Energy Review: Provides statistics on monthly and annual U.S. energy consumption going back in some cases to 1949.