Compiled

Setbacks inflicted on Canadian exporters by the North American gas glut keep going from bad to worse, confirm the latest trade data compiled by the National Energy Board (NEB).

Nine U.S. states made the top 10 in a ranking of 143 jurisdictions worldwide based on their openness to upstream oil and gas activity, according to survey results compiled by the Fraser Institute in its “Global Petroleum Survey 2009.” Jurisdictions in North America, Europe, Australia and New Zealand generally were the most open, according to the 577 industry executives and managers who responded to the survey.

Nine U.S. states made the top 10 in a ranking of 143 jurisdictions worldwide based on their openness to upstream oil and gas activity, according to survey results compiled by the Fraser Institute in its “Global Petroleum Survey 2009.” Jurisdictions in North America, Europe, Australia and New Zealand generally were the most open, according to the 577 industry executives and managers who responded to the survey.

U.S. natural gas production fell an estimated 0.4% sequentially in the first three months of the year from 4Q2006 and was up 2% year-over-year, according to data compiled from public companies by Raymond James & Associates Inc. However, nearly all of the year-over-year increase came from the rebound following 2005 hurricane-related deferrals — actual output fell 1.7%.

U.S. natural gas production fell an estimated 0.4% sequentially in the first three months of the year from 4Q2006 and was up 2% year-over-year, according to data compiled from public companies by Raymond James & Associates Inc. However, nearly all of the year-over-year increase came from the rebound following 2005 hurricane-related deferrals — actual output fell 1.7%.

With statistics compiled for the first two full months of the year, more than half of Pacific Gas and Electric Co. natural gas utility residential and small business customers have dropped their monthly use cumulatively more than 10% in January and February. Customers who maintain usage at least 10% below their cumulative use for the same three months last year will earn a 20% rebate on their gas bills for those three months.