Natural Gas

Re: Natural Gas

Postby winston » Fri Feb 17, 2017 7:52 am

China could offer America a trade deal it cannot refuse – on natural gas

Andy Xie proposes a win-win trade between the world’s two largest economies that would – in one fell swoop – spark growth, cut pollution and improve the world’s most important bilateral relationship

China’s gas price is three to four times America’s and about 50 per cent higher than the liquefied natural gas landing price in Asia.

The reason is that China’s energy producers want to pass on their cost, which includes the supply contracts signed at very high prices.


China’s energy consumption may rise at 2-3 per cent per annum for the next two decades and decline after that, as population decline outweighs income growth.

At its peak, energy consumption in China would be about the same as that in the US today.


Source: SCMP

http://www.scmp.com/comment/insight-opi ... not-refuse
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Re: Natural Gas

Postby winston » Mon Feb 20, 2017 7:19 am

Chart of the day: Reversal of fortune for US natural gas

by Nicole Elliott

With crude prices fairly steady since Christmas and US petrol futures dreary for the past 12 months, we have managed to miss the boat in the US natural gas market.

Having surged to the psychological US$4 per million British thermal units, reaching its first measured target and retracing half of the previous declines, the market suddenly turned bearish.

After gapping down in the first week of this year, with moving averages crossing to negative, prices have slipped below the bottom of the cloud this month.

All these point to a reversal of the intermediate trend.

The market has now broken trend-line support and ducked below horizontal support at about US$3.05. We expect it to drop another notch to US$2.525.

Source: SCMP

http://www.scmp.com/business/markets/ar ... atural-gas
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Re: Natural Gas

Postby winston » Tue Feb 21, 2017 2:21 pm

Natural Gas ETFs Poised to Extend Losses (UNG)

By Michael Foster

In total, UNG shareholders have lost 23.3 percent on this fund in less than two months, worsening a 5-year decline that has reached 68 percent.


Source: Investopedia

http://www.investopedia.com/news/natura ... yptr=yahoo
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Re: Natural Gas

Postby winston » Thu Feb 23, 2017 12:49 pm

Natural Gas Bulls Crushed As Prices Tank

by Nick Cunningham

Natural gas consumption is seasonal, with spikes in demand occurring in winter months. As such, storage levels build up over the course of the year, especially in the milder months of spring and fall. Then, gas is used up in the winter.

The winter of 2016 was the warmest on record, leading to a paltry drawdown in inventories. The result was a cratering of natural gas prices last year as inventories swelled following the end of winter.


With the fundamentals no longer working in the bull’s favor, natural gas prices could remain low or even fall further in the next few months.


Source; Oilprice.com

http://finance.yahoo.com/news/natural-g ... 00544.html
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Re: Natural Gas

Postby winston » Sun Mar 05, 2017 7:55 am

The Edge of a Global Energy Disruption

By Matthew Carr

Last year, global demand for LNG hit 265 million tonnes. That’s up 8.3% from 244.8 million tonnes in 2015.


Australia, the world’s second-largest LNG exporter behind Qatar, saw exports increase 51% in 2016 to 44.3 million tonnes. And the U.S. joined the party with a record export year of 2.9 million tonnes.

Since 2015, Colombia, Egypt, Jamaica, Jordan, Pakistan and Poland have entered the LNG importing business. That means, since 2000, the number of LNG importing countries has gone from a mere 10 to 35 – a 250% increase.


Over the next three years, LNG shipment volumes will increase at least another 32% from their 2016 levels.


In February 2016, Cheniere (NYSE: LNG) became the first continental U.S. company to export LNG.


Cheniere is just the leading edge. Sempra (NYSE: SRE) and Dominion (NYSE: D) will ultimately join Cheniere in the global LNG market.


Source: The Oxford Club

http://energyandresourcesdigest.com/inv ... ?src=email
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Re: Natural Gas

Postby winston » Fri Apr 07, 2017 5:12 pm

Natural gas posts highest close since Jan. 27 on smaller-than-expected storage rise

Natural-gas futures ended at a more than two-month high after government data showed a 2 billion cubic feet rise in U.S. natural-gas stockpiles to 2.051 trillion cubic feet last week.

That compares with the 7.8 billion cubic feet increase predicted, on average, in a survey of analysts by The Wall Street Journal.

Source: Market Watch
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Re: Natural Gas

Postby winston » Fri Apr 21, 2017 11:08 am

Two Catalysts are About to Hand You the Best Energy Investment of the Decade

Catalyst No. 1: The Panama Canal Opens Up Asia… Again

For U.S. firms, that could cut the transport time to Asia by 11 days. It also makes it easier and cheaper to transport U.S. natural gas between the East Coast and West Coast, without the limitations of pipelines.


Catalyst No. 2: The U.S. Is About to Become the World’s LNG Leader

The EIA forecasts that number to increase to 76.8 billion cubic feet per day in 2016, and 77.3 billion cubic feet per day in 2017.


Source: Oil & Energy Investor

https://oilandenergyinvestor.com/specia ... /#deeplink
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Re: Natural Gas

Postby winston » Sat Jun 03, 2017 11:31 pm

A major warning sign for natural gas

by Dr. Steve Sjuggerud

Speculative bets on higher natural gas prices are at an all-time high…

And that means our best bet is on lower prices, starting now.


The last time sentiment was even close to today’s levels was in February 2014. And natural gas then fell 73% to its bottom in March 2016.

While I’m not expecting another 70% decline, a double-digit fall seems likely.


Source: True Wealth Systems

http://thecrux.com/sjuggerud-a-warning- ... tural-gas/
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Re: Natural Gas

Postby winston » Fri Jul 21, 2017 9:22 pm

not vested

On the Natural Gas front, the market is eyeing an already predicted active hurricane season. The Pacific is churning 5 storms that have been categorized Tropical Storm Fernanda, Greg and Eight E while the Atlantic is quiet for now and has more impact on Oil Rigs and Shipping to bolster Energy prices.

Today, we also have the weekly EIA Gas Storage data and the Thomson Reuters poll of 23 analyst estimating builds anywhere from 21 Billion Cubic Feet (BCF)

Source: Investing.com
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Re: Natural Gas

Postby winston » Wed Oct 11, 2017 11:31 am

U.S. warm spell bearish for natural gas

The month of October thus far has seen unusually warm temperatures in the U.S. northeast, delaying the onset of winter natural gas demand.

According to PointLogic Energy, homes and businesses have used the least amount of gas for this time of year in at least a decade.

The danger is that the glut of gas inventories returns if demand remains tepid, a development that would depress prices.

Source: Oil Price Intelligence
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