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Natural gas prices are down nearly 40% year to date amid a glut in supply and a milder-than-expected winter.But analysts see an upside for the commodity going into the end of the year — in part ...
The natural gas futures market slumped further following the bigger-than-expected rise in U.S. supplies, with the commodity posting a 9.7% weekly loss.
Since bumping up against support at 2.75 in mid-September, liquified natural gas price have jumped 18 percent, hitting a high above $3.20 for the first time since February. Prompting this is news ...
Natural gas prices in the Permian Basin, West Texas, went below zero more than once in 2019. Natural gas is produced there as a byproduct of oil production, but production has increased faster than the construction of pipelines to transport natural gas. Oil production in the Permian Basin is profitable, so the natural gas continues to be ...
U.S. oil production has been soaring to record highs this year, and as frackers unlock vast amounts of crude, natural gas comes out of the ground too—more than can be delivered to other areas ...
Natural gas burning on a gas stove Burning of natural gas coming out of the ground. Natural gas (also called fossil gas, methane gas, or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane (95%) [1] in addition to various smaller amounts of other higher alkanes.
November 21, 2012 - Two men who suffered burns when a natural gas compressor station exploded in Dry Canyon. [211] January 22, 2013 – A natural gas well fire, in Roosevelt, Utah forces evacuations. [212] January 19, 2018 - A double tanker vehicle hauling gasoline exploded & burned on I-15 in Midvale UT. [213]
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