production/supply Archives - Page 2 of 2

US natural gas production, exports increase but imports from Canada continue to drop

January 17, 2018 Markham Hislop

US net pipeline imports from Canada continued to decline in 2017 In 2017, natural gas spot prices at the national benchmark Henry Hub in Louisiana averaged $3.01 per million British thermal units (MMBtu), about 50 [Read more]

EIA forecasts 3.3 million b/d crude oil consumption growth, flat prices through 2019

January 11, 2018 Markham Hislop

Global petroleum consumption grew by 1.4MM b/d in 2017 (to 98.4MM b/d), will grow by 1.7MM b/d in 2018, 1.6MM b/d in 2019 The U.S. Energy Information Administration’s Jan. Short-Term Energy Outlook forecasts Brent crude oil to average [Read more]