1996

Marketers reported an overall 4Q2009 decrease of less than 1% from the previous year’s period, but a flood of of production from shale plays could influence the market’s next move. read more

Although no new nuclear power plants have come online in the United States since 1996, capacity continues to grow incrementally as operators refurbish existing units and minimize refueling outages. The additional capacity impacts gas-fired generating units as they typically are the marginal source of power, analysts at Barclays Capital noted.

Although no new nuclear power plants have come online in the United States since 1996, capacity continues to grow incrementally as operators refurbish existing units and minimize refueling outages. The additional capacity impacts gas-fired generating units as they typically are the marginal source of power, analysts at Barclays Capital noted.

Tenaska Capital Management LLC (TCM) and Energy Spectrum Partners V LP said Monday they have formed and plan to jointly operate Frontier Gas Services LLC to acquire, develop, own and operate natural gas infrastructure primarily in the Midcontinent, Permian Basin, East Texas and unconventional shale plays across the United States. The partnership pledged “at least” $250 million to fund the development.

Source: Quarterly financial reports with the Securities and Exchange Commission, or if necessary, statements signed by company officials and provided to NGI.

Former Federal Reserve Chairman Alan Greenspan coined his famous phrase “irrational exuberance” in late 1996; what followed — albeit a few years later — was the dot-com bust. Now, nearly a decade later Greenspan’s prescient commentary is being applied to the exploration and production (E&P) industry.

Former Federal Reserve Chairman Alan Greenspan coined his famous phrase “irrational exuberance” in late 1996; what followed — albeit a few years later — was the dot-com bust. Now, nearly a decade later Greenspan’s prescient commentary is being applied to the exploration and production (E&P) industry.

FERC Chairman Pat Wood signaled last Wednesday that the agency will kick off an inquiry into whether the sweeping 1996 electricity deregulation rule, Order 888, needs to be revised or updated to shield against transmission-access discrimination, according to published reports.

The difference between wellhead prices and Henry Hub prices between August 1996 and December 2000 averaged 32 cents/Mcf, with Hub prices averaging 10.8% higher, according to a study by the Energy Department’s Energy Information Administration (EIA). However, the median value between the two of 24 cents/Mcf may be a better measure, EIA said.