Administration

The Pipeline and Hazardous Materials Safety Administration’s (PHMSA) Office of Pipeline Safety (OPS) agrees with the National Transportation Safety Board (NTSB) that pipeline wall thinning may have significantly contributed to the rupture on the Columbia Gas Transmission in West Virginia last month.

The Pipeline and Hazardous Materials Safety Administration’s (PHMSA) Office of Pipeline Safety (OPS) agrees with the National Transportation Safety Board (NTSB) that pipeline wall thinning may have significantly contributed to the rupture on the Columbia Gas Transmission in West Virginia earlier this month.

With natural gas working inventories remaining near record highs through the end of November, the Energy Information Administration (EIA) expects the Henry Hub spot price to average $2.78/MMBtu this year, down from $4.00/MMBtu in 2011, before rebounding to an average of $3.68/MMBtu in 2013.

Due to the rapid rise in the development of shale gas, natural gas surpassed coal as the most-produced domestic fuel in 2011, the Energy Information Administration (EIA) said Thursday.

With natural gas working inventories remaining near record highs through the end of November, the Energy Information Administration (EIA) expects the Henry Hub spot price to average $2.78/MMBtu this year, down from $4.00/MMBtu in 2011, before rebounding to an average of $3.68/MMBtu in 2013.

Citing the onslaught of shale gas volumes, the Energy Information Administration (EIA) last Wednesday projected that dry natural gas production will increase significantly throughout 2040, eclipsing domestic consumption by 2020 and spurring net exports of natural gas sooner than the agency had expected.

Citing the onslaught of shale gas volumes, the Energy Information Administration (EIA) Wednesday projected that dry natural gas production will increase significantly throughout 2040, outpacing domestic consumption by 2020 and spurring net exports of natural gas sooner than the agency had expected.

In the early release of its Annual Energy Outlook for 2013 (AEO2013), the Energy Information Administration (EIA) projects that natural gas production will continue to grow during the entire forecast period, with the industry increasingly serving the industrial and electric power sectors, as well as an expanding export market.

The U.S. Energy Information Administration (EIA) said the number of drilling rigs active in the Utica Shale during the last week of October had more than doubled compared with the same week in 2011, with an increase in rigs targeting oil more than offsetting the loss of natural gas rigs.