NatGas Prices Make Huge Drop on Prospect of Warmer Weather
Well, that didn’t take long. Yesterday we told you about the huge jump in the price of natural gas, both the futures price and the spot (physically traded) price, due to the brutal cold snap much of the country is currently experiencing (see NatGas Prices Make Huge Jump on Deep Freeze – Some M-U Prices 4X). The National Oceanic and Atmospheric Administration (NOAA) released a weather map for next week (Jan. 22-26) that shows the entire country will most likely experience temperatures above normal. That’s all it took to whack both the futures and spot prices for natural gas.
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In November 2022, one of the ten natural gas storage wells at the Equitrans Rager Mountain Gas Storage Area in Jackson Township, Cambria County (in Pennsylvania), began to leak. Equitrans is the owner/operator of Rager Mountain. The well leaked roughly 100 million cubic feet per day (MMcf/d) of gas into the atmosphere (see 
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LS Power, headquartered in New York City, has developed or acquired 47,000 MW of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. We’ve previously mentioned LS Power in a number of MDN articles (
Rigzone asked several U.S.-based oil and gas recruitment experts what themes will dominate oil and gas recruitment this year. What kind of job opportunities will American oil and gas provide this year? One respondent said jobs will continue to be field engineering and specialist roles, jobs not requiring degreed engineers or geoscience professionals. What about drilling specialists, tool pushers, etc.?
One of our favorite Marcellus/Utica people is Nick Deiuliis, CEO of CNX Resources. Apart from Nick’s great work in leading CNX, he is also a writer and thinker. Like a few others, he understands political and philosophical issues related to energy. And Nick isn’t afraid to “say it straight.” Nick is in the process of releasing three videos called “A Rational Thinker’s Guide to Climate Change and Related Policies.” We previously brought you Part 1, Diagnosing the Problem and Issue (see 
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