Backbone

With Marcellus Shale natural gas as its supply backbone, Dominion Cove Point LNG could be reconfigured to export liquefied natural gas (LNG) to overseas markets, Dominion CEO Thomas Farrell said Wednesday.

With Marcellus Shale natural gas as its supply backbone, Dominion Cove Point LNG could be reconfigured to export liquefied natural gas (LNG) to overseas markets, Dominion CEO Thomas Farrell said last week.

After dipping below $3.700 for a second straight day, natural gas futures showed a bit of a backbone Tuesday afternoon as the November contract rebounded a bit to close at $3.743, up 1.6 cents from Monday’s finish.

The Williams Cos. have a plethora of opportunities unfolding, with natural gas still the backbone of all that is to come, CEO Steve Malcolm told shareholders on Thursday.

The Williams Cos. have a plethora of opportunities unfolding, with natural gas still the backbone of all that is to come, CEO Steve Malcolm told shareholders on Thursday.

The local distribution company (LDC) continues to be the “backbone of the natural gas distribution network” in the United States, although the level of natural gas deliveries by LDCs has dropped by 15% since 2000 as large-volume customers, particularly power generation facilities, have switched to mainline pipeline systems for their natural gas supplies, the Energy Information Administration (EIA) said in a new report.

The local distribution company (LDC) continues to be the “backbone of the natural gas distribution network” in the United States, although the level of natural gas deliveries by LDCs has dropped by 15% since 2000 as large-volume customers, particularly power generation facilities, have switched to mainline pipeline systems for their natural gas supplies, the Energy Information Administration (EIA) said in a new report.

The steady earnings from oil and natural gas pipeline and midstream assets will continue to be the backbone of energy-based master limited partnerships (MLP), but expect more organic, risker growth and commodity-driven partnerships in the future, an RBC Capital Markets energy analyst said Thursday.

As Pacific Gas and Electric Co. was cranking up on implementing a second iteration (Gas Accord II) of its transmission backbone unbundling late last week, a proposed decision from an administrative law judge at the California Public Utilities Commission was circulating to finally implement a comprehensive unbundling of the Southern California Gas Co. transmission pipeline/underground storage system in the southern half of the state.