Proshares Ultrashort Bloomberg Natural Gas (kold) ETF News

US Congress members Gus Bilirakis and Nicole Malliotakis have told Secretary of State Antony Blinken they vociferously object to Washingtons reversal of support for the Eastern Mediterranean gas pipeline. They oppose a decision by US President Joe Biden to withdraw support for the ambitious EastMed pipeline, a joint project by Greece, Cyprus and Israel that would supply natural gas to the European Union. By undermining the project, the Administration is undercutting three of our strongest allies in the region: Israel, Greece, and Cyprus, as well as the European Unions hopes for energy independence and economic prosperity, the letter to Blinken The post Biden slammed for undercutting allies over EastMed appeared first on Financial Mirror .

Considering advanced figures for natural gas futures markets, traders scaled back their open interest positions for the second session in a row on Thu

By Giuseppe Fonte and Stephen Jewkes MILAN (Reuters) Italy is working on a package of structural reforms to curb soaring energy bills as high natural gas prices look set to last longer than expected, Italys energy transition minister said on Tuesday.

Forecasts of frigid temperatures later this month sent U.S. natural gas prices surging in the middle of last week to above $4.85 per million British thermal units (MMBtu)the highest level since November. If the cold snap expected over the next two weeks holds and forecasts for additional Arctic blasts this winter materialize, natural gas at the Henry Hub could surge to above $6/MMBtu again, in a pattern similar to the one from the winter of 2014, when the polar vortex drove demand high and pushed up prices, analysts say.

Greenwald: Senate Democrats Use The Jim Crow Filibuster To Protect The Kremlin Authored by Glenn Greenwald via greenwald.substack.com , Speaking at the funeral of Rep. John Lewis (D-GA) in May, 2020, former President Barack Obama called for the elimination of the Senate filibuster, which he maligned as another Jim Crow relic. During his four years in the Senate, Obama himself used that Jim Crow relic on two dozen occasions to block the Republican majority from bringing various bills to a floor vote. President Joe Biden and Vice President Kamala Harris speak to the American people about constitutional voting rights in Atlanta, GA, on January, 11, 2022 United States. (Photo by Peter Zay/Anadolu Agency via Getty Images) In 2005, Obama''s second year in the Senate, Republicans furious that Senate Democrats were using the filibuster to block President Bush''s judicial appointments proposed the "nuclear option to eliminate the 60-vote requirement for judicial appointments. In response, the junior Senator from Illinois took to the floor of the Senate and delivered one of his trademarked impassioned speeches in defense of this Jim Crow relic, railing against the unfairness of one party, be it Republican or Democrat chang[ing] the rules in the middle of the game so they can make all the decisions while the other party is told to sit down and keep quiet. He also heralded the importance of the 6o-vote requirement in the Senate for protecting the rights of the minority party: If the right of free and open debate is taken away from the minority party and the millions of Americans who ask us to be their voice, I fear the partisan atmosphere in Washington will be poisoned to the point where no one will be able to agree on anything. Filibuster hypocrisy of this sort is the norm in Washington.

Yesterday natural gas bulls haled the coming of a late winter, as bitter forecasts filled the weather section and henry hub natural gas prices rose 14%; today, slightly warmer weather

The Saudis are taking another step toward "diversifying" as Crown Prince Mohammed bin Salman tries to make the Saudi economy less dependent on the energy sector. Flush with cash thanks to the ongoing ramp in oil and natural gas prices, Saudi Arabia''s massive $500 billion+ sovereign wealth fund has apparently decided to put it to work by buying some $10 billion in publicly traded equities during the coming year. The decision comes as the Saudi wealth fund has promised to double its assets by 2025. As Bloomberg points out, heavy buying of equities

Energy companies say they need extra financing to cover future commitments as natural gas prices remain near record levels.

The dollar index just triggered a potentially bearish signal. Emerging markets are gaining some momentum and energy pipelines still look attractive at the current time.

"No One Wants To Be Short" - US NatGas Futures Erupt As Cold Sweeps East Coast U.S. natural gas futures jumped to levels not seen since early December amid a cold blast across the eastern U.S. and new threats of a winter storm over the weekend. Futures for February delivery soared 9.5% to $4.66 per million British thermal units, the highest price since Dec. 1. In a weather forecast Tuesday, we noted that some of the coldest air in years is pouring into parts of the U.S. Major metro areas across the East Coast are seeing frigid temperatures, which are boosting heating demand. Average temperatures in NYC are expected to be well below the 30-year average through the end of the month. Heating degree days for NYC will be above normal through the second half of the month -- this means heating demand will soar. Dennis Kissler, a senior vice president at Bok Financial Securities Inc., told Bloomberg that the move in gas prices is "about short-covering and how much colder weather can get into January through February." "Add in the tight supplies in Europe that may bleed over to Asia, and no one wants to be short," Kissler said. "Front-month futures reached the highest seasonal price since 2010.

The head of the International Energy Agency has blamed Russia for much of Europes natural gas crisis

By Kate Abnett and Simon Jessop BRUSSELS (Reuters) A coalition of investors managing 50 trillion euros ($56.81 trillion) has warned the European Union not to label natural gas investments as sustainable, saying Brussels draft plan to do so would weaken its global leadership on green finance.

As we commence 2022, the prospect of a reduction of global liquidity provided by major central banks has increased volatility in the traditional equity and fixed income markets.

Williams (WMB) says it delivered a record-breaking 17.15M dekatherms of natural gas on January 3 via its Transco interstate pipeline.While extreme winter weather usually coincides