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Energy stocks have outperformed the broader market to start the year, kicking off 2025 with gains as oil and natural gas prices have edged higher. The S&P 500 Energy Sector (XLE) is up 2.8% year ...
Natural gas futures surged 24% with a cold spell expected across the eastern half of the US. Forecasts call for below-average temperatures on the East Coast and parts of the Midwest for January.
Nobody likes high gas prices. While presidential candidates like Donald Trump often cite a desire to reduce gas prices, the truth is that the U.S. president doesn't have a ton of control over them....
The standardized NYMEX natural gas futures contract is for delivery of 10,000 million Btu of energy (approximately 10,000,000 cu ft or 280,000 m 3 of gas) at Henry Hub in Louisiana over a given delivery month consisting of a varying number of days. As a coarse approximation, 1000 cu ft of natural gas ≈ 1 million Btu ≈ 1 GJ.
Natural gas prices surged more than 20% on Monday after a wave of forecasts over the weekend predicted incoming arctic air could set the U.S. up for the coldest January in a decade or more.
[17] However, in the late 1970s and early 1980s, global oil consumption actually dropped (due to the shift to energy-efficient cars, [18] the shift to electricity and natural gas for heating, [19] and other factors), then rebounded with a lower rate of growth in the mid 1980s. Thus oil production did not peak in 1995, and has climbed to more ...
In this chapter Epstein relates his view that mainstream media sources, or what he calls the "knowledge system" and "designated" experts have an issue with focusing too much on those "experts" that will cast dire and exaggerated predictions about things such as the climate, environment, fossil fuel stockpiles and known reserves et al. Epstein argues that if you are a scientist that does not ...
Natural gas prices have surged nearly 25% over the last month. Energy experts attribute the rise to cold weather expected in January and geopolitical issues around the globe. The cold temperatures ...