At the end of 2024, natural gas futures soared, reaching nearly $4 per unit, their highest point since June. But what will this mean for North Carolina homes that rely on gas-powered furnaces?

Natural gas prices have jumped in recent weeks in all major consuming markets, including in the United States, where prices have soared by more than 160% from this time last year.

Liquefied natural gas is booming U.S. export. Known as LNG, much of it is headed to Europe and other parts of the world in amounts expected to double over the next five years, according to S&P Global.

Natural gas power is relatively cheap, cleaner than coal and it can generate power all day and all night, unlike wind and solar. But it’s got a supply chain problem.

For instance, contracts for the gas Russia supplies to Turkey through the Blue Stream and TurkStream natural gas pipelines come up for renewal at the end of 2025 and "Erdogan will play hardball." ...

In 2008, as fracking started to make it possible to extract large quantities of the gas from shale, natural gas was selling for $13 per million Btu (a measure of thermal energy); last year, it ...

Donald Trump is set to overturn a ban on some US exports of liquefied natural gas in a move that may worsen the climate crisis. As for the biggest buyer of American LNG, Europe, it will have to ...

A blue flame burns on a natural gas stove. Cassandra Profita / OPB. Oregon’s largest gas utility has been ordered to phase out natural gas subsidies by November 2027, a move that environmental ...

Lamont thinks that natural gas will be cheaper, but that view ignores the realities that: 1) natural gas prices are predicted to rise in 2025 ($3.80 dollars per million British thermal units [BTU ...

Planned natural gas transmission pipelines would add 99 billion cubic feet per day of additional capacity, a figure just below the total volume of US natural gas production in 2024, ...

WASHINGTON — The United States should proceed cautiously as officials consider new natural gas export terminals, Energy Secretary Jennifer Granholm said Tuesday, warning the incoming Trump ...

Mexico’s imports of U.S. natural gas are surging, kindling fears that the Trump administration could weaponize this trade. By Simon Romero Simon Romero has covered the politics of energy across ...