April coal exports continue to be the lone bright star for domestic coal producers as domestic coal demand fails to rebound from already dire 2017 levels. Strong world coal markets, with CIF ARA thermal coal and Australian low-vol HCC metallurgical coal continuing to trade at high levels, enabled U.S. coal exporters to record the highest […]
EVA Forecasts Record Natural Gas Demand for Summer 2018
On May 31, 2018, Natural Gas Supply Association (NGSA) released a report on 2018’s Summer Outlook for Natural Gas. The report was prepared by Energy Ventures Analysis (EVA). Record natural gas demand in the summer of 2018 is expected to be accompanied by a record summer-over-summer production growth, the highest production increase since 2005. Storage […]
Despite Short Month, U.S. Coal Exports Remain Strong as U.S. Coal Exporters Work Through Backlog
Despite it being the shortest month of the year, U.S. coal exporters were able to add to the already high levels of U.S. coal exports, shipping out 9.7 million tons of coal in February 2018, extending the +9 million tons of exports streak now to seven consecutive months. Increases in met coal exports were the […]
2018 Outlook for Gas Pipeline Capacity in the Northeast
Since the beginning of the shale era, the North American natural gas industry has been keenly focused on the outlook for key pipeline takeaway projects in the Northeast. Recently, several major pipeline projects—most notably, Rover Phase 1 and Leach/Rayne Xpress—have been placed into service and have allowed Northeast gas production to reach record highs. Even […]
EVA Report: Navajo Generating Station Remains Low-Cost Power Solution for the Central Arizona Water Conservation District Through 2030
The Central Arizona Water Conservation District (CAWCD) will realize a $370 million savings in power costs through 2030 and municipal and industrial customers will avoid a 30 percent increase in water charges over 10 years if the CAWCD continues purchasing power from the Navajo Generating Station (NGS) rather than the open market, a study released […]
Different Shades of Cold: The 2018 Arctic Outbreak vs. the 2014 Polar Vortex
Following a mild start to this winter, cold weather finally arrived in late-December, with a record-breaking freeze sweeping down from Canada and spreading across nearly the entire U.S. east of the Rockies. The blast of cold has had an immediate impact on the market, causing production freeze-offs, surging heating demand and spiking gas and power […]
Rover Phase 1B Seeks Final FERC Approval
On the morning of Dec 4, Energy Transfer Partners submitted a request to FERC to bring Phase 1B of its Rover Pipeline in service by December 14, 2017. Although horizontal directional drilling (HDD) work was halted earlier this year, Phase 1B progress is actually slightly ahead of schedule according to our gas pipeline tracker. Phase […]
SoCal Gas & Power Prices Rising Sharply Heading into December
December gas prices for SoCal Citygate increased dramatically over the last six weeks. On Monday, the December contract settled at $6.21/MMBTU, its highest settle in four years and more than $2/MMBTU higher than its average through 2017. The prospect of higher gas prices has also pushed SP-15 December power prices to record highs. As noted […]
Forget the rig count — efficiency reigns supreme in the Marcellus
Dry gas production in the Marcellus and Utica, which now comprises about 35% of total U.S. L-48 dry gas production, has steadily increased through 2017. The consistent increase in output has coincided with rising rig counts, as well, but total rigs remain well below 2014 peaks. This is a clear sign that producers in the […]
Lone Star Solar: Amid plummeting costs, solar is set to soar in Texas
Texas has long stood alone as the clear leader in wind development in the United States. As of August 2017, the state has 21.1 GW of wind capacity, which represents a full 25% of total U.S. capacity and is more than 3 times the capacity in Iowa, the country’s second leading wind state. Notably, Texas […]