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#Natural Gas

rigzone.com

Top Headlines: Biden Requests $500MM for Strategic Petroleum Reserve

Here are some of Rigzone’s top stories during the last week, just in case you missed them…. Biden Requests $500MM for Strategic Petroleum Reserve. In a letter outlining President Biden’s request for 2023 emergency supplemental funding “for critical assistance to Ukraine and critical response activities to address Covid-19”, a sum of $500 million was earmarked for the U.S. Strategic Petroleum Reserve (SPR).
TEXAS STATE
Picture for Top Headlines: Biden Requests $500MM for Strategic Petroleum Reserve
Seekingalpha.com

Enbridge: Wait Patiently For A Pullback First

ENB rallied 20% from its October lows to its recent highs, as the market anticipated a solid Q3 release. We discuss why ENB remains well-positioned but some caution is warranted. Enbridge's well-diversified energy infrastructure has helped the company leverage the underlying energy market tailwinds. However, investors need to be prepared...
philstockworld.com

Ukrainian Consequences: Energy in Europe

The War in Ukraine has proven disastrous for Europe’s dwindling energy supply. Now that Europe has lost its primary source of natural gas – Russia – they’re paying up to 10x market price to replace that lost supply. Keep reading here >. Image by Alexander Fox...
Forbes

What A Likely Ultra-Short Winter Means For You

It’s time to kiss those worries about soaring natural gas bills goodbye. Yes, I know that governments across Europe and North America have screamed until they were blue in the face about the cost of living crisis, mostly notably the potential for massive heating bills this winter. Problem for...
philstockworld.com

Gas Price Cap Could Cause Irreversible Harm To Energy Markets

Earlier this week, the European Commission issued a statement declaring what it called a “safety price ceiling” for gas prices set at 275 euros, or $283 dollars, per megawatt-hour. Hailed as the long-awaited gas price cap that EU members have been discussing for weeks now, the ceiling’s aim,...
modernreaders.com

Integrated Advisors Network LLC Acquires 2,400 Shares of The Southern Company (NYSE:SO)

Several other large investors also recently bought and sold shares of SO. IndexIQ Advisors LLC bought a new stake in shares of Southern during the 1st quarter valued at about $25,000. Johnson Midwest Financial LLC bought a new stake in shares of Southern during the 2nd quarter valued at about $25,000. Crewe Advisors LLC grew its stake in shares of Southern by 93.6% during the 2nd quarter. Crewe Advisors LLC now owns 484 shares of the utilities provider’s stock valued at $35,000 after purchasing an additional 234 shares during the period. CNB Bank grew its stake in shares of Southern by 186.2% during the 2nd quarter. CNB Bank now owns 498 shares of the utilities provider’s stock valued at $35,000 after purchasing an additional 324 shares during the period. Finally, Hazlett Burt & Watson Inc. bought a new stake in shares of Southern during the 1st quarter valued at about $54,000. 62.20% of the stock is currently owned by institutional investors.
GEORGIA STATE
trendolizer.com

Europe Begins Openly Attacking US for Using Ukraine War to Make Money | Russia Ukraine War

Europe Begins Openly Attacking US for Using Ukraine War to Make Money | Russia Ukraine War. Top European officials are furious with Joe Biden’s administration and now accuse the Americans of making a fortune from the war, while EU countries suffer. Tensions have been simmering for months now. And the root cause is US charging Europe exorbitant rates for natural gas. Watch to know more. -- Russia Ukraine War | Europe USA | Europe Energy Crisis | Europe US Tensions | Ukraine News | Trade War | NATO Ukraine | Russia NATO | Ukraine Europe | Europe Weapons | Ukraine...
axioryintelligence.com

Risk-off mood drags Natural Gas 3.89% lower

Yesterday at a glance: Natural Gas slid down from $7.31 to $7.02 per MMBtu, taking a 28.4 cents loss (3.89%) Natural Gas's value drop coincided with the fact that after ending yesterday's session at $3.36, Heating Oil lost 12.02 cents and is trading around $3.24. Brent Crude Oil withdraws 2.08% yesterday and closed at $85.41. Crude Oil is down to $76.28, losing $1.66, after ending the previous session around $77.94.
New Haven Register

What higher natural gas prices mean for CT's clean energy push

With the price of natural gas sending electric bills soaring across New England, some climate activists are pointing to Connecticut’s pledge to wean itself off of fossil fuels by 2040 as a means of lowering the state’s stubbornly high energy costs, too. While the cost of renewable energy...
CONNECTICUT STATE
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