Halliburton is anticipating a “structural shift” in the U.S. land market as unconventional resources become a more prominent component of the production profile, CEO Dave Lesar said Friday.
Articles from Anticipating
Anticipating another annual gas cost adjustment downward, Intermountain Gas Co. has asked the Idaho Public Utilities Commission (PUC) to drop its retail rates 22.2% for residential customers and 21.6% for commercial customers, effective Oct. 1. The PUC said it will take comments on the proposed net rate decrease through Sept. 9.
Anticipating a lot of alternative fuel vehicles in the coming years, particularly electric vehicles (EV), California regulators decided Thursday to undertake a statewide investigation of the potential impact on the state’s major energy utilities and the electric and natural gas infrastructures. The California Public Utilities Commission (CPUC) will examine what tradeoffs may need be made to ensure energy infrastructure reliability and meeting climate change goals.
As state energy officials were anticipating since the Obama administration stimulus package was made public, California will get nearly $412 million for weatherization and energy efficiency programs that will be funneled through the California Energy Commission (CEC). An announcement from Vice President Joe Biden and Energy Secretary Steven Chu confirmed this Thursday.
July natural gas futures struggled to make it to the “plus” column Tuesday, but in spite of the firm finish short-term traders are anticipating a period of weakness before any further market advance. At the close July added 1.9 cents to $12.952 and August tacked on 1.8 cents to $13.055. July crude oil skidded 60 cents to $134.01/bbl.
Plaintiff attorneys were anticipating a judge’s preliminary approval late last Friday of a $10 million settlement with Portland General Electric (PGE) over past rate collections for a county tax. The pending decision followed by just two days another Multnomah County (OR) Circuit Court judge’s decision in a similar case to reject PacifiCorp’s motion to dismiss a class action lawsuit seeking to recover millions of dollars that PacifiCorp’s Oregon utility allegedly collected for tax payments but never paid.
Plaintiff attorneys were anticipating a judge’s preliminary approval Friday of a $10 million settlement with Portland General Electric (PGE) over past rate collections for a county tax. The decision would follow by just two days a Multnomah County (OR) Circuit Court judge’s decision in a similar case to reject PacifiCorp’s motion to dismiss a class action lawsuit seeking to recover millions of dollars that PacifiCorp’s Oregon utility allegedly collected for tax payments but never paid.
Northern Natural Gas said late Wednesday afternoon that due to weather conditions and dive boat availability, for the time being it is not anticipating the return to service of any platforms downstream of Matagorda 758 on the Matagorda Offshore Pipeline System (MOPS), which Northern operates. As of Tuesday Northern had hoped to restore operations at several MOPs platforms sometime Thursday (see Daily GPI, March 8).
Citing logistics setbacks, Northern Natural Gas (NNG) said Sunday it is now anticipating return to service of platforms downstream of the Matagorda 758 platform on the Matagorda Offshore Pipeline System (MOPS) sometime during Wednesday’s gas day. NNG, the operator of MOPS, said this schedule is contingent on any other weather or logistics issues. Upon closure of the subsea valve at Matagorda 758, there will be three upstream platforms that must remain shut in until all repairs are completed, NNG said. Prior to the weekend it had anticipated the possible restoration of some service in the leak-affected segment of MOPS by the start of Tuesday’s gas day (see Daily GPI, March 6).
Anticipating the needs of the victims of Hurricanes Katrina and Rita, a major natural gas distribution group has called on Congress to allocate an additional $1.3 billion on top of the $2.2 billion already set aside for energy assistance to low-income customers this winter.