Inventories may drag on US natural gas prices

Significance US natural gas prices have surged over the past six weeks thanks to falling supply, strong demand from the power sector and rising exports. The uptick in prices has provided a glimmer of hope to gas producers in the United States, hard hit by a prolonged slump in prices. Impacts Declining gas production and rising demand will mean increased pipeline imports from Canada over the coming months. Mexico will pay higher prices for US natural gas imports as the Henry Hub benchmark, potentially hitting demand. US producers that have more gas-producing assets in their portfolio will benefit from rising prices.

2014 ◽  
Vol 49 (1) ◽  
pp. 641-648 ◽  
Author(s):  
David T. Allen ◽  
David W. Sullivan ◽  
Daniel Zavala-Araiza ◽  
Adam P. Pacsi ◽  
Matthew Harrison ◽  
...  

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
David J. Finch ◽  
Norm O'Reilly ◽  
David Legg ◽  
Nadège Levallet ◽  
Emma Fody

PurposeAs an industry, sport business (SB) has seen significant growth since the early 2000s. Concurrently, the number of postsecondary sport management programs has also expanded dramatically. However, there remain concerns about whether these programs are meeting the demands of both employers and graduates. To address these concerns, this study examines the credential and competency demands of the SB labor market in the United States.Design/methodology/approachResearchers conducted an analysis using a broad sample of employment postings (N = 613) for SB positions from two different years, 2008 and 2018.FindingsResults support that a complex set of SB qualifications exist, and the credentials and competencies included in SB employment postings have evolved over the past decade.Originality/valueA noteworthy finding is that meta-skills are found to be particularly important for employability, including items such as communication, emotional intelligence and analytical thinking and adaptability.


Author(s):  
Jared D. Harris ◽  
Samuel E. Bodily ◽  
Jenny Mead ◽  
Donald Adolphson ◽  
Brad Carmack ◽  
...  

Jane Barrow, CEO of Caprica Energy, must recommend to the board which of three potential “unconventional ” natural-gas development sites in different parts of the United States the company should pursue. The case takes place in January 2011, when the “low-hanging fruit ” of natural-gas production in the United States had essentially been picked. All three of the potential sites (shale, coalbed methane, and tight sands) would require hydraulic fracturing, a process of removing gas that was formerly considered inaccessible by injecting water and chemicals into the ground. Because of emerging concerns about the potential harm “fracking ” can do to drinking water, Barrow must not only analyze which site might be most profitable but also what the potential risks to the environment and area residents might be.


2015 ◽  
Vol 96 (11) ◽  
pp. 1879-1894 ◽  
Author(s):  
Carl J. Schreck ◽  
Stephen Bennett ◽  
Jason M. Cordeira ◽  
Jake Crouch ◽  
Jenny Dissen ◽  
...  

Abstract Day-to-day volatility in natural gas markets is driven largely by variability in heating demand, which is in turn dominated by cool-season temperature anomalies over the northeastern quadrant of the United States (“Midwest–East”). Energy traders rely on temperature forecasts at horizons of 2–4 weeks to anticipate those fluctuations in demand. Forecasts from dynamical models are widely available, so the markets react quickly to changes in the model predictions. Traders often work with meteorologists who leverage teleconnections from the tropics and the Arctic to improve upon the model forecasts. This study demonstrates how natural gas prices react to Midwest–East temperatures using the anomalous winters of 2011/12 and 2013/14. These examples also illustrate how energy meteorologists use teleconnections from the Arctic and the tropics to forecast heating demand. Winter 2011/12 was exceptionally warm, consistent with the positive Arctic Oscillation (AO). March 2012 was a fitting exclamation point on the winter as it featured the largest warm anomaly for the United States above the twentieth-century climatology of any month since 1895. The resulting lack of heating demand led to record surpluses of natural gas storage and spurred prices downward to an 11-yr low in April 2012. In sharp contrast, winter 2013/14 was unusually cold. An anomalous Alaskan ridge led to cold air being transported from Siberia into the United States, despite the AO generally being positive. The ensuing swell in heating demand exhausted the surplus natural gas inventory, and prices rose to their highest levels since the beginning of the global recession in 2008.


2018 ◽  
Vol 52 (21) ◽  
pp. 12915-12925 ◽  
Author(s):  
Mark Omara ◽  
Naomi Zimmerman ◽  
Melissa R. Sullivan ◽  
Xiang Li ◽  
Aja Ellis ◽  
...  

Significance The deal reached between Iran and the P5+1 negotiating group (UN Security Council permanent members plus Germany) on July 14 promises to end most sanctions on the country, in return for suspension and monitoring of its nuclear programme. If ratified by all parties, it will create opportunities for an expansion of Iran's gas production and exports. Iran is the holder of the world's largest gas reserves, according to BP estimates. It is also the third-largest producer (after the United States and Russia, and probably having overtaken Qatar during 2015), and the fourth-largest consumer. Impacts Iran could increase gas exports by advancing projects stalled by sanctions, although most of these will take some years to come to fruition. Iran would seek to attract foreign investment into its gas industry to increase production and exports in the longer term. If this occurs, Iran will compete with other gas exporters, particularly Russia, into the 2020s.


Significance Mestan also implied that Borisov and Dogan were allied in promoting Russian interests in Bulgarian politics -- while Bulgaria's 'yellow press' accuses him of being a Turkish puppet. On January 13, Borisov dismissed reports that he was keen to revive the South Stream gas pipeline project, but confirmed that Bulgaria was lobbying the European Commission for a Varna gas hub that would revive at least the underwater part of South Stream bringing Russian natural gas to Europe. Impacts DPS realignment will strengthen Borisov's hand domestically, but alienate Turkey and worry the United States. His interest in a gas hub enjoys overwhelming support in both government and opposition, with only about 20 deputies likely to oppose it. Broadly coinciding with Russian interests, the hub must now secure EU financial and political support, in the teeth of US opposition.


Significance In October, Netanyahu travelled to Oman -- the first visit there by an Israeli premier in decades. In the past few years, relations between Israel and most of the six Gulf Cooperation Council (GCC) member states have warmed, but this has not been publicised. More recently, GCC states have become less concerned whether their relations with Israel become public knowledge. Meanwhile, the United States is encouraging rapprochement as one of the anchors of its Middle East policy. Impacts Netanyahu may soon visit Bahrain, the first public visit by an Israeli leader to the country. Relations with Qatar will follow a separate track to other Gulf states. A political opening would create economic opportunities.


Significance On March 12, Cairo announced a 2-billion-dollar deal to buy advanced fighter jets from Russia. This comes against the background of new data showing that Egypt has climbed to third place in the world in a ranking of arms imports over the past five years. Impacts Diversification of Egypt’s procurement away from the United States will reduce Washington’s political leverage. The Egyptian armed forces’ prestige will be enhanced by the arms build-up. Gulf funders may exert pressure on Egypt to deploy its enhanced military muscle in support of conflicts in which they are engaged.


Subject Nicosia’s decision to revoke the citizenship of 26 foreign nationals. Significance Cyprus has tightened up its Citizenship by Investment Programme (CIP) with regard to certain controversial individuals out of a desire to strengthen relations with the United States and EU. This is particularly important given Turkish efforts to prevent Cyprus exploring for natural gas in its waters. Impacts According to a finance ministry study, CIP made a positive but relatively small contribution to GDP during 2013-18. The construction sector benefited in particular, with employment rising by about 8%. The effect on property prices seems largely to have been confined to Limassol. The impact on Cypriot banking amounted largely to stabilising the sector and providing a new source of finance during the banking crisis.


Sign in / Sign up

Export Citation Format

Share Document