I’m on vacation, which is why this post is two days late, so we’ll just be hitting highlights this time.

Gas prices have taken another nosedive and are at $2.19/MMBtu. Drilling rigs are at 584, having hit a low of 581 a couple weeks ago. Natural gas storage is at 3,199 Tcf, getting down close to the five-year average high.

The EPA has announced $850 million are available for reducing methane pollution from the oil and gas industry. That’s a real chunk of change.

Russia is making 50% more money from energy this year than it did last year.

Argent LNG is leasing property in preparation for a new LNG plant in Louisiana.

Texas produces so much natural gas that prices have gone negative in that area despite the recent heat wave.

The International Gas Union (IGU) released a report on international LNG, which essentially says supply is just a little higher than demand, but not high enough to be considered a comfortable cushion.

The Biden LNG approval pause has been paused by a Federal Court.

Hurricane Beryl and international instability have pushed oil prices higher.

As expected, natural gas production from the Marcellus/Utica area has increased with the Mountain Valley Pipeline going into operation.

Regardless of where you fall on the global warming argument spectrum, the fact that a company has been able to capture all (100%) of the carbon from a natural gas power plant is pretty impressive.

There’s a great article over at Hart Energy about refracing, but it’s behind a soft paywall. You only get a certain amount of free articles from them before you have to pay.