Proshares Ultrashort Bloomberg Natural Gas (kold) ETF News

Natural gas futures retreated early Thursday as traders processed disagreement from the major weather models overnight, and as they awaited the latest

The EIA is scheduled to release its weekly storage report with estimates coming close to yet another 200 Bcf draw.

Open interest in natural gas futures markets rose for the third session in a row on Wednesday, now by around 13.2K contracts considering advanced prin

2021 2P RESERVES OF 167 MILLION BOE WITH NET PRESENT VALUE BEFORE TAX OF $3.0 BILLION REPLACED 157% NET 1P AND 105% NET 2P RESERVES ADDED 13.1 MMBOE NET 2P RESERVES INCREASED NET 2P NATURAL GAS AND ASSOCIATED NATURAL GAS LIQUIDS RESERVES BY 105% TO 19.1 MMBOE, FURTHER DIVERSIFYING…

NatGas Futures Jump As East Coast Set To Freeze U.S. natural gas futures have been on a rollercoaster over the last six months, from gas shortages in Europe to cold weather in the U.S. to the latest geopolitical tensions in Ukraine. Futures for March are up for the third day as commodity traders assess new weather models forecasting colder temperatures on the East Coast will increase heating demand. Futures for March delivery are up nearly 8% to $4.64/MMBtu on Nymex. A blend of geopolitical tensions and the prospect for cold weather on the East Coast has sent March contracts up over 20% since last Friday. The latest warmth on the East Coast will dissipate by the weekend as average temperatures from Washington, D.C., to New York City will dive below a 30-year trend line. Average temperatures are expected to rebound next week but begin another plunge next Wednesday into March. Washington, D.C.''s average temperatures will dive this weekend then rebound next week to only dive once more. The same trend is in play for New York City.

Still waiting for tax break at gas pumps Premier Doug Ford promised a rollback on the taxes on gas and maybe some price adjustment on natural gas, before the next election on June 2. If I recall correctly, he even said by March. Let’s see some action on this. About 50 cents of the price […]

Natural gas futures rocketed higher again Wednesday as weather models shocked the market with another move to the colder side. With the potential for

The post Natural Gas Futures Surge Again, but Price Gains Seen ‘Stretching the Rubber Band Pretty Tight’ appeared first on Natural Gas Intelligence

MONTRÉAL , Feb. 16, 2022 /CNW Telbec/ - Hydro-Québec and Énergir have taken yet another step towards setting up a dual-energy solution that would make it possible for natural gas heating systems to run on electricity in order to reduce the GHG emissions associated with residential, commercial and institutional buildings. In the coming months, three institutional partners—the Aquarium du Québec, an institution of the Société des établissements de plein air du Québec (Sépaq), the Centre multifonctionnel de Contrecœur and the École Très-Saint-Sacrement elementary school of the Centre de services scolaire Marguerite-Bourgeoys in Lachine—will test different devices that use both electricity and natural gas. The use of dual energy will help reduce their natural gas consumption by relying on electricity most of the time and natural gas only in very cold weather. The aim of the pilot projects is to test current technologies and determine an effective balance between electricity and natural gas ahead of the implementation of a service offer for the commercial and institutional sectors in the coming months subject to the approval of the Régie de l''énergie.

Natural gas prices in Europe fell below $800 per 1,000 cubic meters during the trading session for the first time since December 31, 2022, according to ICE data. Such price dynamics is observed against the background of talks between Russian President Vladimir Putin and German Chancellor Olaf Scholz. March futures at the TTF hub in … The post Gas prices fell below $800 per 1,000 cubic meters in Europe appeared first on IPE Club .

Natural gas prices jump 9% to $4.70/MMBtu on Wednesday afternoon, pushing higher related ETFs and ETNs. Click to learn more information.

JERUSALEM, Feb. 16 (Xinhua) -- Israel''s Ministry of Energy announced Wednesday that it has approved the exports of natural gas to Egypt via Jordan. This is a second gas export route from Israel to Egypt following the growing demand for natural gas in Egypt, which will increase Israel''s gas exports to Egypt by more than 50 percent, the ministry noted. The gas will be transported through the Israeli pipelin

Biden Energy Policies Added $1,000 To Typical Household''s Costs In 2021: Report Authored by Mark Tapscott and Nathan Worcester via The Epoch Times (emphasis ours), A new analysis by the Heartland Institute reports the typical American family’s home heating and cooling costs increased by as much as $1,000 in 2021 as a result of President Joe Biden’s energy and environmental policies. “ The average U.S. household in 2021 spent an extra $600 in higher gasoline costs and $70 in higher electricity costs. Further, households that use natural gas spent an extra $300, on average, and those using home heating oil paid $1,000 more. Cumulatively, the average American household paid about $1,000 in higher energy costs in 2021, compared to 2020, ” Heartland authors Linneau Lueken and Jack Taylor write in the report . “It’s also important to note that these higher energy prices have been baked into the costs for all goods and services bought and sold in the economy, contributing to across-the-board inflation.

Graco Inc. found using ticker (GGG) now have 7 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 95 and 75 calculating the average target price we see 82.86. Now with the previous closing price of 70.7 this would indicate that there is a potential upside of 17.2%. The 50 day MA is 75.8 and the 200 day moving average is 75.69. The market capitalisation for the company is $12,178m. Visit the company website at: https://www.graco.com [stock_market_widget type="chart" symbol="GGG" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $14,273m based on the market concensus. Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The company''s Industrial segment offers proportioning systems to spray polyurethane foam and polyurea coatings; equipment that pumps, meters, mixes, and dispenses sealant, adhesive, and composite materials; and gel-coat equipment, chop and wet-out systems, resin transfer molding systems, and applicators.

Barring any last-minute changes, a 2,500 barrel per day (bpd) modular refinery, five megawatts power plant, 40-million-SCF gas processing facility, and a data centre, among others, will come on stream in Edo State in March 2022, after necessary regulatory certifications from the Nigerian Midstream and Downstream Regulatory Authority (NMDRA). The facilities are located within an Energy Park at Egbokor, in Orhionmwon local government area of Edo State, and operated by Duport Midstream Company Limited (DMCL), a private company. The company plans to develop the park in phases, with the first phase comprising a 10,000 barrel per day refinery, 60-million-SCF gas processing facility, 10-million-SCF compressed natural gas (CNG) facility, 50 megawatts power plant and a data centre. The project is financed by the First City Monument Bank (FCMB), Nigerian Content Development & Monitoring Board (NCDMB), among others. Read also: Dangote Refinery to curb petrol import, subsidy impact muted Chief executive officer of the DMCL, Akintoye Akindele, during an inspection of the facility, said the plant will be ready by the end of March.