The Bearish Backlash In Energy This Fall

4 Oct 2017   Prices

It’s been an exciting summer for fossil fuels and renewables, with natural gas production hitting a year-to-date high, global crude oil stocks finally starting to decline, and demand for solar power installations booming as costs shrink. This fall is also shaping up to be an exciting one, but not necessarily in a positive way for the energy industry—fossil fuel and renewables alike. Nat Gas Prices Will Remain Subdued The Energy Information Administration’s latest Natural Gas Monthly report found that natural gas production in the country hit a 2017 high in July, at 2.278 trillion cu ft daily. Consumption, on the other hand was 2.111 trillion cu ft daily in that month, which leaves a considerable surplus. No wonder, then, that LNG exports doubled on the year in July. And yet there seems to be quite a lot natural gas staying at home, limiting the upward potential of prices. The […]

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