Industrial consumption of natural gas increased 3.3% annually inthe eight years between 1985 and 1992, according to an in-depthanalysis of industrial energy demand by the Gas Research Institute.The increase, which was nearly twice the rate of competing fuels,”was largely due to a 28% increase in gas used for industrialheating and power, including a significant expansion ofcogeneration systems in the paper, chemical and petroleumindustries,” GRI said. The report, “The Implications of the Changesin Industrial Energy Demand 1985-1992 (GRI-99/0030), also analyzesindustrial energy consumption data nationally, regionally and byindustry. “The report looks in detail at changes in product mix,processes and energy use during the eight-year period for the sixmajor energy-intensive industries – food, paper chemical, petroleumrefining, primary metals, and stone, clay and glass, and the twomost rapidly growing, but less energy-intensive industries, rubberand metal durables,” said Marie Lihn, GRI project manager. “Thedata can provide real insight into potential future energyconsumption in each of these key industrial sectors.” To ordercopies of the report, call Kelly Murray at 703-526-7832 (fax 7808)or e-mail at baseline@GRI.org. The report is $125 for GRI members,$175 for non-members, plus shipping and taxes.
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Industry Will Be Y2K Ready by Third Quarter
Most oil and gas companies – 94% – report they expect to befully Y2K ready by next September, according to a survey that wasreleased yesterday at a conference of the oil and gas sectorworking group of the President’s Council on Year 2000 Conversion.
Funding for Pipeline RegulationTakes Precedence
Funding for natural gas and oil pipeline regulation was the bigwinner in FERC’s budget for fiscal year 2000, according to theagency’s budget request.
Pipeline Funding Takes Precedence at FERC
Funding for natural gas and oil pipelines was the big winner inFERC’s budget for fiscal year 2000, according to the agency’sbudget request.
Rig Count Plummets, IPAA Frets
Record low rig counts are a sure sign of an energy industry incrisis, according to the Independent Petroleum Association ofAmerica (IPAA). The Baker Hughes rotary rig count dated Jan. 22 forNorth America was at 942, a steep drop from the count one year agoof 1,508.
Shocking Amount of New Generation Planned
The rush to build new gas-fired generation has become nothingless than a frenzy, according to a new report which shows thatsince summer the tally on new generation projects has grown 61% to59,000 MW. That’s up from 49,463 MW reported in late-September, and36,600 MW in July, said Resource Data International’s (RDI) EnergyInsight (EI), an Internet-based analytical service that keeps aclose watch on the power generation market.
Richard Touts Competition to DOE-NARUC
Competition has changed the energy industry forever, spurringcompanies to use creativity to provide real choices for all energycustomers, according to Oliver G. Richard III, CEO of ColumbiaEnergy Group, at yesterday’s plenary session of the seventh annualNatural Gas Conference sponsored by the U.S. Department of Energyand the National Association of Regulatory Utility Commissioners.
Pruner Sees Power Companies Dominating the Market
Because of the size of the power industry, electric companieswill own the gas industry within the next decade, according to anofficial of Engage Energy. Of the 300 LDCs and about 110investor-owned utilities remaining in the country, roughly 100 willbe remaining at the end of the next decade, said David Pruner ofEngage Energy in Houston. The top-50 IOUs will control almost 80%of the entire energy market, he said at the DOE-NARUC natural gasconference in Pittsburgh yesterday.
Industry Reports Progress On Y2K Efforts
Almost a third of gas and oil companies surveyed expect to havecompleted Year-2000 (Y2K) remediation by the end of the year,according to the results of a new survey by the Natural Gas Council(NGC). It further found that 73% said they would be ready by June1999, while all respondents indicated they would be prepared byDecember 1999.
Industry Tackles Y2K Remediation, Survey Says
Almost a third of gas and oil companies surveyed expect to havecompleted Year-2000 (Y2K) remediation by the end of the year,according to the results of a new survey by the Natural Gas Council (NGC) that was released last week. It further found that73% said they would be ready by June 1999, while all respondentsindicated they would be ready by December 1999.
