Mild weather and outage at LNG export facility pressure prices for the heating fuelBank predicts $4.50 gas next year, possibly drop below $4By Ryan DezemberUpdated Dec. 6, 2022 at 8:25 am ETU.S. natural-gas futures have shed 24% since Thanksgiving, including an…See More

Contractors reported ‘unusual sounds’ on morning of accident; Maintenance work done in April on equipment at center of blastBy Sergio Chapa, BloombergJuly 12, 2022The explosion that shut the Freeport LNG natural gas export facility in Texas last month created a 450-feet-high fireball and happened on a section that had been inspected several weeks earlier, according to a report. A filing that was briefly posted…See More

Gerson Freitas Jr October 25, 2021, 12:14 PM PDTU.S. natural gas prices soared the most in more than a year, erasing much of a recent decline, as end-of-month trading boosted volatility and forecasts for chillier weather revived concerns about tight supplies.Henry Hub gas for November delivery gained 11.7%, the biggest gain since September 2020, to $5.898 per million British thermal units. Prices are…See More

(Note: Bolding by me.)Record exports, steamy weather and frugal producers are pushing up prices for the fuelBy Ryan DezemberUpdated Aug. 3, 2021 8:03 am ETThe heat wave that scorched the West has dissipated, but natural-gas prices have yet to cool off. The power-generation fuel has been in high demand to run air conditioners and make up for parched hydropower markets, and forecasters expect booming exports and more steamy weather to keep supplies down and prices up.Natural-gas futures have…See More

His departure comes two months after the once-highflying shale-gas company emerged from bankruptcyBy Collin Eaton / Wall Street JournalUpdated April 27, 2021 2:23 pm ETDoug Lawler, the chief executive of Chesapeake Energy Corp., will leave the company at the end of this month, little more than two months after the shale-gas pioneer emerged from bankruptcy.The Oklahoma City-based company said Tuesday that Mike Wichterich, who became Chesapeake’s chairman in February, will serve as interim CEO as…See More

The slumping petroleum industry is shifting work from securing drilling rights to lining up properties for wind turbines and solar panels. But the landman profession is shrinking.Carter Collum used to spend mornings shoulder to shoulder with competitors in the record rooms of East Texas courthouses, hunting for the owners of underground natural- gas deposits. At night, he made house calls, offering payments and royalties for permission to drill. Mr. Collum worked as a landman, tracking the…See More