Consuming

The cold weather that returned to key natural gas consuming regions this month could stay through April, leading to lower-than-expected season ending gas storage levels, Weather Services International (WSI) said in its spring forecast released on Monday. Meanwhile, power prices in the Northeast will be moderated by the cooler weather expected over the next three months, the company said.

The world could be consuming more gas than oil by 2025, and to prepare, Royal Dutch/Shell Group is expanding its reach to serve the higher demand in the United States and Asia through liquefied natural gas (LNG) imports, according to Sir Philip Watts, chairman of Shell’s committee of managing directors.

The world could be consuming more gas than oil by 2025, and to prepare, Royal Dutch/Shell Group is expanding its reach to serve the higher demand in the United States and Asia through liquefied natural gas (LNG) imports, according to Sir Philip Watts, chairman of Shell’s committee of managing directors.

“We are standing on the doorstep of some of America’s largestenergy-consuming markets: Boston, New York City, Chicago,Dallas-Fort Worth, San Francisco and Los Angeles. We believe therewill be about a half-dozen national energy providers. SouthernCompany intends to be one of those companies.”