Adequate

Despite numerous proposed power generation projects, California faces a seven-year window (2017-2024) in which an adequate amount of natural gas-fired power is uncertain without costly upgrades to an aging fleet of coastal facilities, according to a long-term strategic plan by the California Independent System Operator (CAISO).

Despite numerous proposed power generation projects, California faces a seven-year window (2017-2024) in which adequate amounts of natural gas-fired power is uncertain without costly upgrades to an aging fleet of coastal facilities, according to a long-term strategic plan by the California Independent System Operator (CAISO).

Hydraulic fracturing (fracking) may be at the center of current debate in states that are experiencing a shale gas boom, but it will remain an important part of the industry and can be performed safely, according to Interior Secretary Ken Salazar.

The New York Mercantile Exchange (Nymex) and the Commodity Exchange (Comex) maintained adequate audit trail, trade practice surveillance and disciplinary programs in 2009, but they need to hire more compliance staff, the Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight said in a new report.

The New York Mercantile Exchange (Nymex) and the Commodity Exchange (Comex) maintained adequate audit trail, trade practice surveillance and disciplinary programs in 2009, but they need to hire more compliance staff, the Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight said in a new report.

An estimate of undiscovered, technically recoverable natural gas and natural gas liquids (NGL) contained in the Marcellus Shale issued this week by the U.S. Geological Survey (USGS) will be included in the next Energy Information Administration’s (EIA) Annual Energy Outlook (AEO), according to EIA.

Despite previous veto threats, Pennsylvania Gov. Tom Corbett said he would like to see some of the revenue generated from a proposed impact fee on Marcellus Shale development go toward capping thousands of abandoned wells in the state.

The near-term energy supply picture in the Pacific Northwest is adequate and wholesale power prices are moderated by a combination of factors including abundant natural gas supplies, according to a revised draft Integrated Resources Plan (IRP) released by Puget Sound Energy (PSE).

With its natural gas supplies more than adequate for the time being, government and industry in Pennsylvania are following a national trend by looking for ways to increase natural gas demand over the coming decade.