By Hard Assets Investor: By Sumit Roy Natural gas inventories fell by 285 bcf. Natural gas was last trading up by nearly 4 percent to $4.41/mmbtu after the Energy Information Administration reported that operators withdrew a record-breaking 285 billion cubic feet from storage last week. Show More Summary
By David White: Since December 5, 2013 U.S. Nymex natural gas prices have floated constructively above $4/mmbtu. In fact they have close consistently above $4.20/mmbtu since December 9, 2013. Nymex natural gas futures prices closed at $4.46/mmbtu on December 19, 2013. Show More Summary
US gas prices at the pump are expected to reach a 2013 low as supply reaches a two-decade seasonal high, Bloomberg reports. Retail prices dropped to a 33-month low of $3.179 a gallon on Nov. 11 and are now $3.216, according to AAA. Wholesale gasoline in markets from Chicago to Texas dropped to as low […]
A study demonstrates that consumption is proportional to price. This is news?
A federal report released this week forecasts that U.S. production of oil and natural gas will increase for decades to come. At the same time, all signs indicate per capita energy usage—especially in terms of fossil fuels—will decrease. Show More Summary
Originally published on EV Obsession. We’ve written about it many times: electric cars are much, much cheaper to run. Based on the average price of electricity in the US, gas at $3.50/gallon, and the average miles driven per year, the Nissan Leaf costs $473.98/year to fuel while the Nissan Rogue costs $1,965.25/year to fuel. Show More Summary
Despite yesterday's governmental reassurance (a la Venezuela and Argentina) that there is no inflation in the US, the reality for the average man in the street is a little different. We have previously noted that gas prices are 25% above their average price of the last decade but it is another staple that is more worrisome for many in America. Show More Summary
Chesapeake Energy, SandRidge Energy, and WPX Energy have all attempted a shift towards oil production, but a majority of production still comes from natural gas suggesting investors would be rewarded by higher natural gas prices.
If natural gas is going up, these two MLPs will prosper.
Prior to stepping down as CEO of General Motors, Dan Akerson made a few mentions about an EV similar to the Volt that would possess a 200-mile range on a single charge with an on-board generator that could run on gas, diesel or natural gas. He also hoped the car would sell for around $30,000. […]
Originally published on RenewEconomy The cost of battery storage is falling quicker than most analysts presume and could be competitive with gas-fired generation – even in the US, where gas prices are low – within the next 18 months. Show More Summary
Russian President Vladimir Putin upped the stakes Tuesday in the battle over Ukraine's future, saying Moscow will buy $15 billion worth of Ukrainian government bonds and sharply cut the price of natural gas heading to its economically...Show More Summary
Russia threw Ukraine an economic lifeline, agreeing to buy $15 billion of Ukrainian debt and to reduce the price for vital Russian gas supplies. ||| MOSCOW - Russia threw Ukraine an economic lifeline on Tuesday, agreeing to buy $15 billion...Show More Summary
Amidst political chaos in Ukraine, Russian President Vladimir Putin and Ukrainian Prime Minister Viktor Yanukovych announced a deal that will slash the price of natural gas and provide Ukraine a $15 billion loan. The post Putin To Keep Ukraine Under Russian Influence With Natural Gas Deal appeared first on ThinkProgress.
Russia threw Ukraine an economic lifeline on Tuesday, agreeing to buy $15 billion of Ukrainian debt and to reduce the price its cash-strapped neighbor pays for vital Russian gas supplies by about one-third. The deal, reached at talks in Moscow between the Russian and Ukrainian leaders, is intended to help Ukraine stave off economic crisis [...]
``President Viktor Yanukovych is slated to meet Russian counterpart Vladimir Putin in Moscow today over loans worth as much as $15 billion and a reduction in the price that Ukraine pays for natural gas, two people familiar with the matter said yesterday. Show More Summary
MOSCOW (AP) — Russian President Vladimir Putin says Moscow has agreed to sharply cut the price for its natural gas supplies to Ukraine and will buy $15 billion worth of Ukrainian government bonds.
Labor Department: Consumer Price Index was restrained last month by declines in gasoline and natural gas prices
A new report indicates that consumers are wasting billions of dollars on the purchase of multivitamins. An editorial in a prominent medical journal says there is no evidence that multivitamins prevent death or heart attack, or ward off memory loss. Show More Summary