Prompted in large part by the recent discovery of significant shale gas deposits in the country’s north and east, Mexico will invest $10.4 billion to build more than 2,800 miles of natural gas pipelines and local distribution networks by 2018, a nearly 40% increase compared with the country’s current pipeline network, President Felipe Calderon said.
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Low Shale Gas Prices Aiding Power Market
Due to the expanding shale gas development that has lowered prices, gas-fired generation has become increasingly competitive with coal-fired generation in some eastern U.S. markets, the Energy Information Administration (EIA) said Tuesday.
EIA: Shale Gives Low-Priced Gas a Leg Up in Generation Market
Due to the expanding shale gas development that has lowered prices, gas-fired generation has become increasingly competitive with coal-fired generation in some eastern U.S. markets, the Energy Information Administration (EIA) said Tuesday.
Transit Buses Provide Fuel Competition, Study Reveals
With a general perception that it is a cleaner industry relative to individual motor vehicles, the mass transit industry is increasingly the competitive battleground for transportation fuel providers — traditional gasoline and diesel, along with the upcoming alternatives, such as natural gas, biofuels and hybrid electric technology. Within the sector, some options are cleaner than others, according to a research report by Boulder, CO-based Pike Research LLC.
ICF Official: Shale Accounts for Half of U.S. Rig Activity
Shale development currently accounts for about half of the total rigs targeting natural gas development in the United States, a top executive with ICF International said.
API Attacks Proposal to Alter Tax Rules on Producers’ Foreign Revenue
U.S. producers would lose their competitive edge with foreign producers on many international energy development projects if the long-standing rules on taxing foreign income are revised, according to a new study commissioned by the American Petroleum Institute (API).
Shales Helping Drive Ethane Supply Growth
Growing natural gas liquids (NGL) production — particularly that of ethane — is a positive story for the petrochemical industry as well as oil and gas producers. However, talk of an NGL glut is growing louder as the industry continues to grow production — particularly from liquids-rich shale plays — and build out infrastructure. Opinions vary on what is to come.
Happy Gas Buyers Need Reliability, Competitive Prices
They find it more at citygates rather than state borders, and the “it” is both reliability and competitive prices for wholesale natural gas supplies, according to natural gas purchasing executives who spoke last Wednesday at the “LDC Forum: Rockies and the West” conference in Los Angeles.
Gas Buyers Talk Reliability, Prices First; Shale Added Topic
They find it more at citygates rather than state borders, and the “it” is both reliability and competitive prices for wholesale natural gas supplies, according to natural gas purchasing executives who spoke last Wednesday at the “LDC Forum: Rockies and the West” conference in Los Angeles.
GasMart 2010: Tell the Gas Story, Anadarko VP Says
Natural gas is clean and price-competitive with other fuels, and it’s abundance in the United States will alter geopolitics and can erode the influence of oil cartels. Additionally gas-fired power generation and gas-powered vehicles can complement renewable energy and clear the air. That’s the story the industry needs to tell to lawmakers and consumers, according to Brad Boister, Anadarko Energy Services Corp. vice president of gas marketing.