MassiveIndustry

(Wed, 10 Jun 2020) The 2020 natural gas storage refill season (April 1–October 31) has started out strong, lagging behind only 2019 and 2015 for total net injections for the Lower 48 states through May. Net injections into working natural gas totaled 102 billion cubic feet (Bcf) for the week ending May 29, 2020. Net injections into working gas exceeded 100 Bcf in four out of the past six weeks, compared with 2019, when net injections into working gas exceeded 100 Bcf in five out of six weeks for a similar time frame.

(Thu, 21 May 2020) The average spot (wholesale) price of natural gas in New England for winter 2019–20 (November 1, 2019–March 31, 2020) was $3.17 per million British thermal units (MMBtu), down about 40% from $5.40/MMBtu for the winter of 2018–19 based on trends at the Algonquin Gas Transmission (Algonquin) Citygate—a key regional benchmark for natural gas prices in New England. This price was the lowest average price of natural gas since the winter of 2015–16, which (like winter 2019–20) was warmer than normal.

(Wed, 06 May 2020) The United Arab Emirates, a member of OPEC, is currently the seventh-largest petroleum and other liquids producer in the world. Relatively energy intensive compared with other industrialized countries, the United Arab Emirates’ economy is fueled largely by natural gas and petroleum and other liquids.

(Mon, 04 May 2020) Energy efficiency (EE) incentives offered by electric and natural gas utilities and state EE organizations are an important component of evolving state and local EE policies. To inform EIA’s assumptions for its <em>Annual Energy Outlook</em>, EIA contracted with the Northeast Energy Efficiency Partnerships (NEEP) to update its Regional Energy Efficiency Database (REED) and to collect detailed measure-level information on EE program incentives from selected utilities.