Articles tagged Rates

The Federal Reserve (Fed) is on the cusp of its first interest rate reduction since the onset of the pandemic in early 2020, a move that would lower borrowing costs and potentially bolster natural gas infrastructure development.

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process.

Major utilities across the United States are paying more for natural gas-fired generation, and they are passing the higher cost on to consumers.

Weeks away from the one-year anniversary of Winter Storm Uri, Oklahoma regulators have approved a plan that would lower and extend the natural gas costs incurred by consumers following the deadly storm.

Duke Energy Florida earlier this month proposed an electricity rate hike to mitigate the impact of volatile natural gas prices.

The liquefied natural gas (LNG) shipping market remains tight as demand from South America to Asia is strong, but analysts said freight rates could diverge from LNG prices in the coming weeks on a variety of factors. 

As part of a broader shift away from natural gas in New York, a pair of local utilities committed to achieving net-zero growth in gas sales throughout their service territories during a three-year period beginning Dec. 1.

Coming as the utility’s first rate hike request in two years, Atlanta Gas Light (AGL) has filed for a $96.1 million adjustment to natural gas base rates with the Georgia Public Service Commission (PSC), in part to fund $1 billion in natural gas system improvements. The base rate adjustment would mean a $3.80 monthly increase for the typical residential customer.

Nearly a dozen utilities, state regulatory agencies and other entities have filed motions to intervene, seeking clarification or rehearing of FERC's recently proposed changes in income tax rates for natural gas pipeline companies, electric transmission and master limited partnerships (MLP).