NGI The Weekly Gas Market Report

ARTICLES

Interior’s Sweeping Offshore Drilling Rule Designed to Improve Safety, But Draws Industry Ire

The Obama administration's updated offshore drilling regulations issued Thursday, designed to overhaul safety practices and equipment to prevent another Macondo-like tragedy, were barely out of the gate before industry -- and its critics -- pounced. Producers said the costs are too high, while conservation groups say the rules don't go far enough. Read More

Fracking Becomes Hot Button Issue For Clinton, Sanders in Marcellus Country

Less than one week before Democrats in New York head to the primary to select their pick for the 2016 presidential election -- and less than two weeks before Pennsylvania does likewise -- former Secretary of State Hillary Clinton and Sen. Bernie Sanders (D-VT) have taken very different stands on hydraulic fracturing, which could impact the final results. Read More

IGU: 2015 Global LNG Demand Highest Ever But Prices Down Everywhere

Global trade in liquefied natural gas (LNG) last year reached 244.8 million tonnes (mt), an increase of 4.7 mt from 2014 and eclipsing the previous record of 241.5 mt set in 2011. However, all LNG price markers fell, from an average of $15.60/MMBtu in 2014 to $9.77MMBtu in 2015. And in the low-price environment, the bloom is off the Henry Hub rose. Read More

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