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Natural gas storage in the U.S. at a 13-year low heading into winter season

Energize Weekly, November 21, 2018 Natural gas underground storage in the U.S. began November at the lowest levels in 13 years, 3,208 billion cubic feet (Bcf), according to the federal Energy Information Administration (EIA). The data released Nov. 8 covers storage levels in the lower 48 states. Each of seven storage regions were at their lowest levels since 2005 and

Oil supplies and prices remain stables thanks to increased production from U.S., Russia and Saudi Arabia

Energize Weekly, November 21, 2018 Oil supplies are up and prices down—despite flagging output from Venezuela and sanctions on Iranian oil—as result of increased production from key countries and a softening demand from developing countries, the International Energy Agency (IEA) said. In August, the IEA warned that losses of Venezuelan and Iranian supplies could be “challenging,” but production from Saudi

Midwest, Northeast to start winter heating season with higher fuel oil and propane prices

Energize Weekly, November 14, 2018 The Midwest is heading into the winter home-heating season with above average inventories, modest price increases and a forecast of a mild winter, while the Northeast is facing a decline in inventories, a sharp price hike and colder temperatures. Propane prices were up nationally 4 percent compared to prices at the start of the 2017-2018

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