Barring

Barring extreme weather this summer, natural gas prices aren’t likely to vary too much from their current trading range, said FERC staffer Eric Primosch of the Commission’s Office of Enforcement (OE).

Barring a “severe negative turn” in the global economic outlook, the outlook for oil and gas projects in the U.S. Gulf of Mexico (GOM) appears to be positive with gains across all of the major market sectors, according to Quest Offshore.

Barring a “severe negative turn” in the global economic outlook, the outlook for oil and gas projects in the U.S. Gulf of Mexico (GOM) appears to be positive with gains across all of the major market sectors, according to Quest Offshore.

A consensus is forming among U.S. government and private energy analysts that barring an unusual weather event — or an unusual event period — North American natural gas prices likely will be low through the summer. Some have thrown in the towel for higher prices through the summer and fall, and instead are looking ahead to what they hope will be a return to normal winter weather that could boost prices beginning in 2013.

The Ohio Environmental Protection Agency (OEPA) issued separate permits to Patriot Water Treatment LLC and the City of Warren on Monday, barring the latter from accepting pre-treated wastewater from oil and natural gas drilling starting April 1.

Barring an intervention by policymakers to restrict hydraulic fracturing, and as long as there is a worldwide economic recovery, steady growth will continue within the natural gas industry through 2030 because of growing worldwide demand, energy experts said last week.

Barring “macro economic risks, which are not inconsiderable at this time, it’s back to my theme of stronger for longer,” said CEO Andrew Gould.

Barring a late announcement to the contrary Thursday, Southern California Gas was expected to lift a high-linepack OFO Friday.

Texas Eastern lifted Tuesday restrictions barring the creation of due-pipe imbalances and payback of due-shipper imbalances for all points in its M-3 market-area zone.