New York Governor Proposes Natural Gas Ban in New Buildings Starting in Two Years
New York Gov. Kathy Hochul (D) has proposed banning natural gas hookups in new building constructions statewide starting in 2025.
Senior Editor, Mexico & Latin America
Santiago, CL
New York Gov. Kathy Hochul (D) has proposed banning natural gas hookups in new building constructions statewide starting in 2025.
Bolivian gas was once the beating heart of South America’s natural gas production, with powerhouse neighbors Argentina and Brazil relying on the landlocked country’s pipeline shipments to keep the lights on. But this is seen coming to an end.
Bolivian gas was once the beating heart of South America’s natural gas production, with powerhouse neighbors Argentina and Brazil relying on the landlocked country’s pipeline shipments to keep the lights on. But this is seen coming to an end.
The past year marked a renewed sense of collaboration between Mexico’s state power utility Comisión Federal de Electricidad (CFE) and private sector energy firms, resulting in the sanctioning of new natural gas infrastructure projects and agreements to advance stalled ones.
North American natural gas price futures continued to be under $4.00/MMBtu this week. Meanwhile, forecasts for 2023 point to lower prices than last year, but with important regional differences.
In 2023, Mexico’s natural gas industry will be shaped by public-private partnerships and the shifting landscape brought about by Russia’s invasion of Ukraine. Political risk for private and international firms, meanwhile, remains high.
U.S. natural gas prices have had a remarkably soft winter so far, but the whole of 2022 tells a completely different story.
Mexico natural gas buyers have been pleasantly surprised so far this winter as natural gas futures prices continue to be lower than once expected.
Natural gas production out of the U.S. Gulf Coast should rise over the next decade as it continues to look toward the export market, according to researchers at Louisiana State University’s (LSU) Center for Energy Studies.
Mexico’s natural gas market made it relatively unscathed through the brutal winter storm that lashed most of the United States.