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Tag Archives: u.s. natural gas

Natural gas inventories fall short of expectations, but prices rise

a natural gas ring at a natural gas fired power plant in pennsylvania. The Hunlock Creek Energy Center switched to natural gas from the Marcellus Shale to generate electricity.

Projections for U.S. national gas storage inventory grew less than expected this week, but Market Realist says that industry isn’t suffering too much. In its weekly natural gas update, the U.S. Energy Information Administration indicated that natural gas storage inventories increased by 63 billion cubic feet, falling short of the 69 billion cubic feet mark that was originally predicted. As ...

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Chesapeake Energy suspends dividend payments

Chesapeake Energy Corp, the second-largest U.S. natural gas producer, said on Tuesday it will suspend dividend payments starting in the current quarter to save up to $240 million a year. The company, which like other oil and gas producers has been hurt by a drop in prices, had planned to pay an annual dividend of 35 cents per share. Analysts ...

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