Henry Hub Prices On the Rise

July 21, 2021

Today the Henry Hub Natural gas futures increased around 1.7% to $3.94/mbtu due to increased demand in regional and global gas markets, also led by higher temperatures in Western, Midwestern, and Southern U.S. Expected temperatures from the 90 – 100F this coming week are expected to result in a strong demand for natural gas. Additional […]

Early Winter 2021 – 2022 and Natural Gas Forecasts

July 15, 2021

The most recent forecasts for the 2021 Winter Season point to above average amounts of late-season snowfalls and below average temperatures. As natural gas prices climb to their highest since 2018, it will be very important to see how these conditions turn out. Given existing constraints in the natural gas market at this time a […]

DOE Announces $52.5M Investment in Hydrogen Technologies

July 7, 2021

Alongside renewables, Hydrogen fuels will be very valuable tools in the clean energy transition. 30% of the total Greenhouse Gas emissions come from the Transportation sector, of which 90% of the fuel used is petroleum based. Hydrogen can be used to offset this large portion of emissions directly when used as a fuel for transportation, […]

Gas Pipeline in the Gulf of Mexico Catches Fire

July 6, 2021

An underwater natural gas pipeline owned by Mexican PEMEX ruptured this last Friday next to a drilling platform. A pit was created in the middle of the water around 5:45 AM Friday as the pipeline caught on fire while boats hurried to put it out by spraying it with water. The fire was extinguished after […]

Natural Gas Prices Climb to Highest Since 2018

June 29, 2021

Natural Gas prices this Tuesday 6/29/2021 continued to rally 3.2% higher up to $3.709/mmBtu which starts setting the trend on par with the highest closing price since December 21, 2018. Hot weather patterns this summer are pressuring the price to go higher, combined with investors covering shorts is slowly squeezing the price higher. Over the […]

Nuclear Power Credit to Curb Emissions Introduced by U.S Senators

May 28, 2021

Over the past decade there has been a big push to shut down nuclear power plants given rising costs, preference for renewables, and negative public sentiment. According to the Energy Information Administration (E.I.A), nuclear energy is the cleanest energy source in the United States, accounting for 55% of all emission-free electricity, and more carbon-free generation […]

Massachusetts Cranberry Farmers Go Solar

Cranberry farmers in Massachusetts are pushing solar development by mounting solar panels over cranberry bogs to increase sustainability and revenues. The first of these in Massachusetts are expected to be completed in the remaining year in the town of Carver. It is a $53M project with 9MW of solar capacity being developed by Pine Gate […]

Fluctuating Natural Gas Prices in Europe as Storage is Uncertain

May 26, 2021

This past week natural gas prices in Europe saw big fluctuations as the U.S said it would not sanction the Russia’s Nord Stream 2 Pipeline project which would provide a steady gas supply but increase Putin’s influence and reach in the region. Storage for the Winter season in the European region was at a record […]

First Big U.S Offshore Wind Farm Approved by Biden Administration

May 18, 2021

The $2.8B – 800 MW offshore wind power project by Vineyard Wind is to become the first large-scale wind farm in the U.S coast as it was approved by the Biden administration last Tuesday. Generally, projects of this type face a large amount of push back from communities and become delayed. This event has been […]

Colonial Pipeline Hack Raises Worries on Gas Prices

May 10, 2021

This past Friday Colonial Pipeline networks were hacked and caused the facilities to become inoperable. The FBI believes an Eastern Europe hacker group known as DarkSide is responsible for the attack, though they have publicly denied it. Colonial Pipeline is responsible for supplying almost half of the gas on the East Coast and there are […]