Mexico is emerging as an outlet for North America’s abundant shale gas production, according to a Canadian survey of North American “continental market” prospects.
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Mexico’s Imports of Gas to Climb, Says Study
Mexico is emerging as an outlet for North America’s abundant shale gas production, according to a Canadian survey of North American “continental market” prospects.
Mackenzie Project Overcomes Another Hurdle
Barring appeals to the courts, the last regulatory hurdle has been removed from obstructing an approval ruling on Canada’s entry in the Arctic pipeline race, the C$16.2 billion Mackenzie Gas Project (MGP).
Mackenzie Project Overcomes Another Hurdle
Barring appeals to the courts, the last regulatory hurdle has been removed from obstructing an approval ruling on Canada’s entry in the Arctic pipeline race, the C$16.2 billion Mackenzie Gas Project (MGP).
Reports Conflict on Whether Climate Bill Will Address Hydrofracing
The trio of senators crafting energy and climate change legislation has signaled that language barring federal regulation of the production technique known as hydraulic fracturing (hydrofracing) will not be included in the measure, the head of the American Gas Association (AGA) said Tuesday.
Reports Conflict on Whether Climate Bill Will Address Hydrofracing
The trio of senators crafting energy and climate change legislation has signaled that language barring federal regulation of the production technique known as hydraulic fracturing (hydrofracing) will not be included in the measure, the head of the American Gas Association (AGA) said Tuesday.
Study: Marcellus Severance Tax Would Clip Pennsylvania Economy
Barring the imposition of a severance tax, Pennsylvania’s Marcellus Shale basin will continue to be a hotbed of activity, pumping an estimated $14.17 billion into the state’s economy in 2010 and creating more than 98,000 jobs, while generating $800 million in state and local revenues (minus royalties), according to an economic study by Pennsylvania State University that was released Monday.
Bentek CEO: Prices to Fall by Year’s End — But Spikes Sure to Follow
More than enough natural gas is surging through pipelines and into storage today and barring any weather disruptions, prices should “significantly come down by the end of the year and stay down,” the CEO of Bentek Energy LLC said Friday. However, the gas supply/demand picture remains a “vicious cycle,” and another price spike will surely follow — and sooner than some might think.
Bentek CEO: Prices to Fall by Year’s End — But Spikes Sure to Follow
More than enough natural gas is surging through pipelines and into storage today and barring any weather disruptions, prices should “significantly come down by the end of the year and stay down,” the CEO of Bentek Energy LLC said Friday. However, the gas supply/demand picture remains a “vicious cycle,” and another price spike will surely follow — and sooner than some might think.
Transportation Notes
Tennessee indicated that repairs to correct problems caused by liquids entering Station 823 may be proceeding faster than expected. Barring any unexpected issues, Tennessee said Friday, it anticipated that the work would be complete in two to three days; on Wednesday it had estimated “five to 10 days” (see Daily GPI, April 19). As a result, the pipeline saw a good chance of restrictions through Station 823 being lifted by the end of the weekend. Tennessee said that as an alternative, it had analyzed the possibility of activating the Seahawk meter. “However, after further investigation, Tennessee has determined that opening the Seahawk meter is not a viable option due to a lack of flow control in the area. Without flow control, the possibility of free flowing liquids into Tennessee’s system at Grand Chenier and Kinder is too great a risk.” In an effort to assist customers in moving their gas off the Tennessee system, it was offering discounts at six meters and said “any other mutually agreeable meters upstream of Station 823” could be used.