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Proposed regulations that would significantly lower the amount of total dissolved solids (TDS) permitted in wastewater discharges from drilling operations in Pennsylvania’s Marcellus Shale gas play unfairly target the industry and would create more problems than they would solve, according to Kathryn Klaber, president of the Marcellus Shale Coalition.

Pennsylvania’s Environmental Quality Board (EQB) has approved new regulations that would significantly lower the amount of total dissolved solids (TDS) permitted in wastewater discharges from drilling operations in the state’s prolific Marcellus shale area.

A number of cash points on Friday made it three in a row as a fair amount of market averages declined. Traders cited the weak screen and lack of bullish fundamentals for the week’s dip.

Pennsylvania’s Environmental Quality Board (EQB) has approved new regulations that would significantly lower the amount of total dissolved solids (TDS) permitted in wastewater discharges from drilling operations in the state’s prolific Marcellus shale area.

There was still a pretty large amount of heating load remaining Monday, but the relative overall moderation from last week allowed prices to plunge by large amounts at all points. Northeast citygates, which had constituted the only stronger market area Friday, led the descent with multi-dollar dives; Transco’s two Zone 6 pools fell by about $6 or a little less.

With a record amount of natural gas in storage and “resilient” domestic gas production, the Energy Information Administration (EIA) expects spot prices to hover in the $5/Mcf range during the winter season, “even as space-heating demand increases and economic conditions improve.” The agency also anticipates that gas consumption by power generators will drop next year due to potentially higher gas prices and the addition of new coal-fired generation capacity.

With a record amount of natural gas in storage and “resilient” domestic gas production, the Energy Information Administration (EIA) expects spot prices to be in the $5/Mcf range during the winter season, “even as space-heating demand increases and economic conditions improve.”

The greatest amount of liquefied natural gas (LNG) regasification capacity being added worldwide this year is coming online in North America — where it’s needed least, according to analysts at Barclays Capital. Meanwhile, LNG cargo takes by Asian countries are poised for growth next year while some Asian countries will find their regasification capacity to be wanting.

The “huge” amount of global liquefied natural gas (LNG) coming onstream, coupled with new sources of gas being unlocked in North America, has created “a new world…and I do not know how this world is going to work out,” Schlumberger Ltd. CEO Andrew Gould said Friday.