Natural Gas consumed by U.S. electric power sector sets Jan-2022 RECORD!
Source: U.S. Energy Information Administration, Natural Gas Monthly In January 2022, natural gas consumed for electric power in the United States averaged 31.6 billion cubic feet per day (Bcf/d), the highest January average on record and the highest amount for any winter month. Natural gas consumed for electric power this past January was higher than in previous […]
Ukraine Impact on Gas & Power
The Russia-Ukraine conflict is driving crude oil prices to near $100/bbl. Will the crisis impact U.S. natural gas and power prices? Historically, high crude prices encourage more crude output, and with it comes associated natural gas, providing downward pressure on the fuel. Today however, many drillers are publicly stating that that they will not increase […]
