Voters in Washington state appeared to have approved a ballot measure that would restrict future regulations on natural gas and gas stoves.

On November 12, 2024, the Central Board of Direct Taxes (CBDT) issued a notification granting tax-exempt status to the Petroleum and Natural Gas Regulatory Board (PNGRB) under section 10(46A)(b) of the Income-tax Act, 1961. ...

The Philippines is pursuing a partnership with Norway to unlock the potential of natural gas in sectors beyond power generation, including logistics and aviation.

A new report from the National Academies of Sciences, Engineering, and Medicine identifies strategies for improving the reliability of bolts used in offshore oil and gas drilling rigs, thereby reducing the risk that a bolt failure could cause a spill of oil, drilling fluids, or natural gas into the environment.

The Laars NeoTherm XTR condensing natural gas boiler or volume water heater is available in several MBH sizes all with Laars Linc.

The natural gas meter may be the textbook example of something that is said to be “hidden in plain sight.” Every structure – from house to hospital and grocery store to commercial warehouse – that uses natural gas as the feedstock for its furnaces, stoves or water heaters has at least one of the (usually) gray boxes bolted to its exterior.

Peterbilt Motors Co. announced the availability of its new Cummins X15N natural gas engine on Models 579, 567 and 520.

A ban on the installation of natural gas infrastructure in new buildings is coming soon to a town near you, and the local HVAC industry needs to be prepared — or maybe not.

Hello, this is Itai Levitan at ForexLive.com. Today, I’m diving into Natural Gas Futures (NG), which are trading around 2.92 as of yesterday's close. This analysis will be relevant to those of you looking at CFDs, futures themselves, or stocks related to natural gas. Here’s a detailed view of my approach:

Natural Gas Futures Overview

Currently, we’re seeing Natural Gas Futures in a significant channel on the weekly time frame. There’s potential for a bullish breakout from a large bull flag formation, highlighted by the recent piercing through the upper edge of this channel. However, we’re still in uncertain territory—it’s possible the price may reverse back down, retesting the flag before making any decisive move.

Dip Buying Extreme Targeting

I’m looking closely at the potential for an extreme dip buying opportunity in natural gas. When I say “extreme dip buying,” I’m talking about setting up a longer-term, strategic plan that goes beyond typical levels. Instead of just waiting for an undefined "deep drop," I'm identifying specific price levels that could offer remarkable buying opportunities if the market hits them.

Long-Term Support Levels to Watch

Here’s what I'm focusing on for a deeper dip buy:

1. 1.612 (Low of 2016) – This level may present an attractive medium-term long position, suitable for swing trades.
2. 1.44 (Low of 2020) – Similar to 1.612, this level could offer a profitable swing opportunity, though not necessarily for a prolonged hold.

While these are appealing points for shorter-term trades, I recommend partial profit-taking here to mitigate risk if the price reverses sharply.

Generational Low Opportunity at 1.25

For the patient, long-term investors, my primary area of interest lies around 1.25—the historic low from 1995, nearly 30 years ago. This level represents a “generational low,” providing a triple layer of support:

• The lower bound of the channel.
• The major, longer-term channel trendline.
• The historic 1.25 support level from 1995.

If natural gas reaches this area, it could be a highly attractive long-term buy. I suggest setting several buy orders around 1.25 to capture a position here and holding for substantial potential upside. Patience will be key—having some trading capital reserved for this area could be a game-changing strategy.

The Ultimate Extreme at 1.04

If something drastic occurs and the price reaches 1.04, the all-time low from the 1990s, it would represent a multi-generational low. This level would likely attract significant buying interest from funds, institutions, and individual investors. Similar to the parity level we saw with EUR/USD, this psychological round number could spur major accumulation and serve as an unparalleled buying opportunity.

Summary and Final Thoughts on Natural Gas and Exteme Dip Buying

In summary:

• Stay Patient: This strategy involves waiting for rare, extreme dip-buying levels.
• Allocate Capital Strategically: Save some ammunition for these lower levels, where the upside potential is considerable.
• Monitor Support Levels Closely: Levels like 1.25 and 1.04 represent deeply discounted entry points that could yield long-term gains.

Follow ForexLive.com for additional insights for investors and traders, and let’s keep an eye on these setups. Extreme opportunities don’t come often, so be prepared and thank me later!

Ann Arbor officials says some of the trees in the city are dying, and they attribute it to leaks in the DTE Energy natural gas infrastructure. The utility says it is not the problem. The city is asking DTE to conduct necessary repairs, while the utility argues it would be cost prohibitive to contract an arborist to evaluate potential methane damage to trees. What comes next? WEMU's David Fair discussed it with Ann Arbor Sustainability and Innovations Director, Missy Stults.

“This bill makes American liquefied natural gas accessible and cost-effective to regional allies."

The post Florida Lawmakers Want Accessible Liquefied Natural gas appeared first on Shark Tank.

By Ireland Owens President of the European Commission Ursula von der Leyen said Friday that she proposed to President-elect Donald Trump the idea that the U.S. could supply more natural gas to Europe to decrease the bloc’s reliance on Russia, according to Barron’s. The EU chief said the topic of tapping U.S. liquefied natural gas […]

The post With Trump Returning To Power, Europe Chief Weighs Idea Of Buying More Natural Gas From US Instead Of Russia appeared first on Liberty Unyielding.

Dover, Del—Natural gas prices have spiked in the past six months and are up more than 30 percent since the end of August 2021. This is largely due to increased U.S. demand and the ongoing energy crisis in Europe. According to the Energy Information Administration, about 43 percent of Delaware households rely on natural gas […]

Dover, Del.—Natural gas prices have continued to increase this year and are up nearly 60 percent year to date. This is largely due to increased U.S. demand and the ongoing energy crisis in Europe. According to the Energy Information Administration, about 42 percent of Delaware households rely on natural gas for home heating. “Due to […]

On Wednesday, the Delaware Public Service Commission approved a 23% decrease in Delmarva Power’s natural gas costs, effective April 1st. On Friday, February 24, 2023, Delmarva Power filed an application to amend its Gas Cost Rate (GCR) due to a warmer-than-expected winter and lower-than-forecasted natural gas prices over the past several months. The GCR represents […]

Countries like Cyprus, Israel and Greece have high expectations of becoming players in world energy markets through natural gas production and export.

The U.S. Energy Information Administration (EIA) estimates that U.S. natural gas consumption reached a record high in January at 118 billion cubic feet per day (Bcf/d). A burst of cold weather increased demand for heating and reduced natural gas production, which led to high inventory withdrawals.

The U.S. Energy Information Administration (EIA) expects the benchmark Henry Hub spot price to average about $2.25 per million British thermal units (MMBtu) in 2024, a 10% decrease from 2023 and a 65% decrease from 2022. In its March Short-Term Energy Outlook (STEO), EIA forecasts that U.S. natural gas inventories will be more than 30% higher than average at the end of the winter season following relatively low winter demand.

The U.S. Energy Information Administration (EIA) expects that the United States will generate more electricity from renewables and coal in the second half of this year, as electricity demand and natural gas prices increase.

The U.S. Energy Information Administration (EIA) has several sets of data on the domestic production of crude oil and natural gas. Depending on your interests, the resources below can help you find the crude oil and natural gas data you need.

Natural gas produced from the three largest tight oil-producing plays in the United States has increased in the last decade. Natural gas comprised 40% of total production from the Bakken, the Eagle Ford, and the Permian compared with 29% in 2014.

1. Mr. Devansh Mohta, learned Counsel assisted by Mr. Vikram Rajkhowa, learned Counsel is present on behalf of the Applicant in Miscellaneous Application No.31/2023/EZ.

2. Arguments could not be concluded today.

1

3. On the request of the Counsel for the parties, put up this matter for further hearing on 25.11.2024.

4. List on 25.11.2024 for further hearing.

..................................... B. Amit Sthalekar, JM ............................................. Dr. Arun Kumar Verma, EM November 11, 2024, Original Application No.44/2020/EZ With Miscellaneous Application No.31/2023/EZ In Original Application No.43/2020/EZ SKB

The 'preliminary report' dated 24.07.2020 filed by the Expert Committee constituted by this Tribunal vide order dated 24.06.2020 is taken on record. On the request of learned Counsel appearing for the parties, adjourned to 06.08.2020. Liberty to file further submission, if any, before the next date.

Adarsh Kumar Goel, CP S. P. Wangdi, JM Dr. Nagin Nanda, EM July 29, 2020 Original Application No. 43/2020(EZ) & Original Application No. 44/2020(EZ) DV

1.1 We have heard learned Counsel for the parties. Hearing concluded. Order reserved. The order will be uploaded on the website, after due consideration, on or before 19.02.2021.

Adarsh Kumar Goel, CP S.K. Singh, JM Dr. Nagin Nanda, EM February 15, 2021 Original Application No. 43/2020(EZ) with connected matters DV

1. Case taken up by video conference on Vidyo App.

2. These cases are taken up together as identical questions have been raised. The Applicant in O.A. No. 43/2020/EZ, an environmentalist, who has preferred the application alleging failure of the Respondent Authorities in preventing the blowout of Baghjan 5 oil well of the Respondent No. 1, M/s. Oil India Ltd. (OIL in short), resulting in a massive fire causing irreparable loss to the entire biodiversity of the region and loss of lives and property.

3. It is stated that on 27.05.2020 at around 10:30 AM the producing well of Baghjan 5 under the Baghjan Oilfield of OIL in Tinsukia District, Assam, released natural gas in an uncontrolled manner. Baghjan is one of the 23 oil wells set up by OIL to tap the large gas reserves in the Brahmaputra basin located near the Eco Sensitive Zone (ESZ) of the Dibru-Saikhowa National Park. The released gas is stated to be a mix of propane, methane, propylene and other gases that flow with the wind the condensate of which mostly falls on the bamboo groves, tea gardens, banana trees and betel nut trees in the area and also spread into the Dibru- Saikhowa National Park which, according to the Applicant, records over 40 mammals, 500 species of birds, 104 fish species, 105 butterfly species and 680 types of plants, including a wide variety of rare orchids. It harbours the tiger, elephant, wild buffalo, leopard, hoolock gibbon, capped langur, slow loris, Gangetic dolphin, besides critically endangered bird species such as the Bengal Florican, White Winged Duck, Greater Adjutant stork, White rumped vulture, slender billed vulture as well as the rare and endemic Black-breasted parrotbill.

1. This order is being passed in continuation of orders dated 24.06.2020 and 02.07.2020 dealing with the issue of providing remedies to the victims and for restoration of environment as a result of incident of oil blowout on 27.05.2020 and other consequential events that followed at Baghjan in Tinsukia District of Assam.

2. The Tribunal noted the case of the applicant that as a result of blowout on 27.5.2020, the Baghjan Oil well set up by the Oil India Limited (OIL) released propane, methane, propylene and other gases causing damage to bamboo groves, tea gardens, banana trees and betel nut trees in the area and also spread into the Dibru-Saikhowa National Park which, according to the Applicant, records over 40 mammals, 500 species of birds, 104 fish species, 105 butterfly species and 680 types of plants including a wide variety of rare orchids. The area harbours tiger, elephant, wild buffalo, leopard, hoolock gibbon, capped langur, slow loris, Gangetic dolphin, besides critically endangered bird species such as the Bengal Florican, White Winged Duck, Greater Adjutant stork, White rumped vulture, slender billed vulture as well as the rare and endemic Black-breasted parrotbill. The oil also spilled into the Dibru river causing a film of oil in the river that passes through the Maguri- Motapung wetlands, an Important Bird and Biodiversity Area, and along the Dibru Saikhowa National Park. The Maguri-Motapung Wetland, located less than 10 km from Dibru-Saikhowa National Park, is a part of the Dibru-Saikhowa Biosphere Reserve (DSBR) and hosts some of the most vulnerable species of birds such as Swamp Francolin, Marsh Babbler, Greater Adjutant and Pallas's Fish-eagle, Red-headed Vulture and White-bellied Heron, and over 80 species of fish. River Dibru is a tributary of River Lohit which then forms river Brahmaputra in the lower reaches. Brahmaputra river system is also a home to Gangetic dolphins. As a result of the blowout, there was also a fire on 09.06.2020. The applicant has also stated that the blowout has left behind huge volumes of residue as gas condensate which is a mixture of chemical compounds that are toxic for land and vegetation and is a known carcinogen. The blowout is not only hazardous to the health of the people but also severely affect their livelihood whose occupation is mainly agriculture, fishing and animal rearing. 1610 families were displaced as a result of the gas leak.

Traders need to wait for strong cues about next leg of trend

As the Northeast Gas Grid is likely to become operational by 2026, the deposit of 6 million Metric Standard Cubic Meters per Day (MMSCMD) of natural gas can be monetised by the existing producers: CEO of IGX

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Traders can consider going short 

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natural gas trucks

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Actor urges lawmakers to close environmental loopholes and increase oversight of industry.

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Former Colorado senator criticizes industry's lack of engagement in the climate legislation debate.