Beating

Winter has given most of the nation a beating this year, but consumers who heat their homes with natural gas could save as much as $300 per household on heating costs compared to last year, according to American Clean Skies Foundation (ACSF) CEO Gregory C. Staple.

Winter has given most of the nation a beating this year, but consumers who heat their homes with natural gas could save as much as $300 per household on heating costs compared to last year, according to American Clean Skies Foundation (ACSF) CEO Gregory C. Staple.

Coal took something of a beating from natural gas in the power generation arena this year, but coal’s displacement by gas wasn’t strictly due to exceptionally low gas prices, according to analysts at Barclays Capital. Coal producers can curse cheap gas if they want, but other factors were at play, too.

Canadian natural gas exporters are taking a beating. Volumes fell by 17%, prices tumbled 68% and revenues plunged 74% in May, according to the latest trade records kept by the National Energy Board (NEB).

Canadian natural gas exporters are taking a beating. Volumes fell by 17%, prices tumbled 68% and revenues plunged 74% in May, according to the latest trade records kept by the National Energy Board (NEB).

Natural gas is not just a bridge to renewables but rather is the fuel of the future in an era when beating global warming tops agendas in Washington, DC, and gas producers have stoked supplies with unconventional drilling success, a leading utility executive said last Wednesday.

Natural gas is not just a bridge to renewables but rather is the fuel of the future in an era when beating global warming tops agendas in Washington, DC, and gas producers have stoked supplies with unconventional drilling success, a leading utility executive said Wednesday.

Natural gas futures values took their second consecutive session beating on Monday as Wall Street investment bank concerns dominated the chatter among traders. April natural gas dropped 76.8 cents Monday to close at $9.100, while April crude shrank by $4.53 to close at $105.68/bbl.

As the oil and natural gas industries took a beating in the Senate and House tax-writing committees this week, Reps. John Peterson (R-PA) and Neil Abercrombie (D-HI) provided producers a ray of optimism. The two lawmakers introduced legislation Wednesday that would remove the congressional ban on natural gas exploration and production in much of the Outer Continental Shelf (OCS).