Changes to the U.S. Army Corps of Engineers’ (USACE) methods of reviewing and permitting natural gas pipelines in Pennsylvania, which were instituted by the Corps July 1, will result in “substantial delays” in pipeline construction in the state’s Marcellus Shale area, according to David Spigelmyer, Chesapeake Energy vice president of government relations.
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Enterprise Products Partners LP cited robust growth in Eagle Ford Shale liquids-rich gas production in South Texas as the rationale behind its plans to add yet more fractionation capacity at the Mont Belvieu, TX, natural gas liquids (NGL) complex.
CenterPoint Energy has rolled out its natural gas standby generator program under which participating dealers are offering Houston-area customers the ability to obtain a $500 credit on their natural gas bills for purchasing and installing a gas-fueled standby generator.
Thanks to recent upgrades to a compression station in northeastern Pennsylvania, Cabot Oil & Gas Corp. increased its Marcellus Shale production 35% in a single day, a sign of how infrastructure bottlenecks in Appalachia are crimping production rates.
March natural gas futures inched higher Friday in a day of lackluster trading. In spite of the market’s ability to hold above $3.80, analysts are sharpening their pencils and counting the next move lower as they see a lack of weather-driven demand eroding prices. At the end of the day March was higher by eight-tenths of a penny to $3.876 and April added five-tenths of a cent to $3.906. March crude oil eased 16 cents to $86.20/bbl.
House Democrats last Tuesday slammed Republicans’ proposed budget cuts in the continuing resolution (CR) that could hamper the ability of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) to regulate the $300 trillion derivative swaps market during the during the current fiscal year, which began on Oct. 1.
House Democrats Tuesday slammed Republicans’ proposed budget cuts in the continuing resolution (CR) that could hamper the ability of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) to regulate the $300 trillion derivative swaps market during the 2011 fiscal year (FY).
Due to reduced takeaway capacity from Bear Creek storage in northwest Louisiana that impacted its ability to maintain linepack, Tennessee said a Critical Day 1 OFO in upstream Zones L, 1 and 2 will become effective Monday for all LMS-PA Balancing Parties. They will be required to maintain “an actual daily flow rate not exceeding a tolerance of 2% of scheduled quantities or 500 Dth, whichever is greater, for underdeliveries into the system and overtakes from the system.” See the bulletin board for other details.
The Pennsylvania Public Utilities Commission (PUC) should deny an application from Laser Northeast Gathering Co. LLC to be deemed a public utility with the ability to exercise the right of public domain for its proposed gathering and transportation pipeline in Susquehanna County, PA, according to an administrative law judge’s (ALJ) recommendation to the PUC.