Attention

The Industrial Energy Consumers of America (IECA) has called on Interior Secretary Dirk Kempthorne to focus his attention on expanding natural gas development in both onshore and offshore lands.

Natural gas exports to the United States are attracting hostile political attention on the buying side of the Canadian market as tightening supplies and strong prices affect industrial consumption and employment. Closure of six Ontario and Alberta plants, at a cost of 550 jobs, by Dow Chemical Canada prompted an immediate call for government intervention by the Ottawa-based Communications, Energy and Paperworkers Union.

With the nation looking to the Rocky Mountain region for future gas supply security, producers there are finally getting the attention they have long desired and are taking advantage of it. A new “producer push” mentality is driving rapid pipeline expansion that will lead to a near doubling of Rockies export capacity over the next three years, Walter “Skip” Simmons of Wood Mackenzie told the Colorado Oil and Gas Association’s (COGA) annual Rocky Mountain Natural Gas Strategy Conference and Investment Forum in Denver.

With the nation looking to the Rocky Mountain region for future gas supply security, producers there are finally getting the attention they have long desired and are taking advantage of it. A new “producer push” mentality is driving rapid pipeline expansion that will lead to a near doubling of Rockies export capacity over the next three years, Walter “Skip” Simmons of Wood Mackenzie told the Colorado Oil and Gas Association’s (COGA) annual Rocky Mountain Natural Gas Strategy Conference and Investment Forum in Denver.

The U.S. market will never get all of their gas, but for one day at least the U.S. gas industry had all the attention of officials from four major liquefied natural gas (LNG) exporters who met with representatives from government, utilities and end-users at a closed meeting in Washington, DC.

The U.S. market will never get all of their gas, but for one day at least the U.S. gas industry had all the attention of officials from four major liquefied natural gas (LNG) exporters who met with representatives from government, utilities and end-users at a closed meeting in Washington, DC.

Rolling blackouts last Monday in Texas raised the hackles of state and U.S. congress members and garnered the attention of FERC Chairman Joseph Kelliher, meaning the Electric Reliability Council of Texas (ERCOT) will be coming in for scrutiny.

Just when you thought it was safe to close the books on the 2005 hurricane season and turn your attention towards the winter heating season, Tropical Storm Wilma, the record-tying twenty-first storm of the season has formed southeast of Grand Cayman. With Wilma’s path still very uncertain, the natural gas futures market spooked higher in Nymex’s Sunday Access session and then retained those gains through Monday’s regular session, ultimately settling at $13.887, 66.8 cents higher than last Friday’s close.

As shut-ins in the Gulf of Mexico continue to carve away available natural gas supplies for the winter, people are now turning their attention to exactly what type of winter the U.S. can expect. Depending on which forecasting organization you believe, some regions could be colder or warmer than normal.