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Tag Archives: growth

EIA: Consumption will drive natural gas prices up

EIA: Consumption will drive natural gas prices up

Natural gas prices are expected to rise, according to the EIA’s latest Short-Term Energy Outlook report. The average natural gas spot price at the benchmark Henry Hub for December 2015 was $1.93 per million British thermal units. That’s the lowest monthly average since March 1999. In the January report, the Nymex futures strip averaged $2.50/MMBtu for 2016 and $2.80/MMBtu for ...

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IEA sees oil below $80, what could go wrong? Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – Oil prices are unlikely to rise consistently above $80 per barrel before the end of the decade, the International Energy Agency (IEA) predicted in the World Energy Outlook published on Tuesday. Slower growth in demand coupled with the transformational impact of shale on production costs ...

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Manufacturing growth picks up in Minnesota in June, report says

Manufacturers in Minnesota and the central core of the country bounced back in June after signs of trouble and slowed growth earlier this year, according to a closely watched economic report issued Wednesday by Creighton University. The Mid-America Business Conditions Index jumped to 53.0 in June from 50.4 in May. Any index above 50 signals growth. Economists bemoaned May’s performance ...

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Defiant Putin sees return to growth in Russia in two years

MOSCOW – President Vladimir Putin said on Thursday Russia’s economy could return to growth in less than two years, despite Western sanctions which he said were intended to “contain” his country. In a confident performance during a televised call-in show, Putin sounded defiant and patriotic, assuring viewers that Russia will survive an economic crisis deepened by the sanctions and low ...

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Texas leads numerous census tables in growth

Texas

DALLAS — Two Texas cities are among the top five fasted-growing cities by percentage growth in the past year. The U.S. Census Bureau reports the Austin-Round Rock area in Texas is the nation’s third-fastest growing metropolitan area at 3 percent, followed by fourth-place Odessa, Texas, at 2.9 percent. Texas snagged the top spots in both numerical increase by person for ...

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North Dakota Legislature: What to watch this week

North Dakota

BISMARCK, N.D. (AP) — North Dakota’s Legislature is in its last week before its midseason break, and lawmakers are finishing up committee work and considering remaining bills in their respective chambers. Oil taxes and how that revenue should be spent will be the biggest issues debated this week as the session heads toward crossover. A Democratic house member is also ...

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Midwest manufacturers bucked the national trend, showed January growth

Minnesota and other Midwest manufacturers posted strong growth in January, bucking a slowdown seen nationally, according to two closely watched economic reports released Monday. Creighton University reported that its nine-state Mid-America Business Conditions Index rose in January, despite a slowdown in agricultural equipment sales and fresh layoffs planned for John Deere and the energy-related firms Helmerich and Payne. Thanks to ...

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