Without dramatic intervention North Dakota’s natural gas flaring — already costing about $100 million/month — is going to get worse even if the percentage of total production flared goes down, as state and industry officials predict, according to a report released Monday by Boston-based social responsibility nonprofit organization Ceres.
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Report: Colorado Producers Pay ‘Bargain Basement’ Severance Taxes
“Bargain basement” severance taxes and a “dizzying array of exemptions and deductions” for the energy industry is costing Colorado a lot of money, according to a report by a nonprofit renewable energy group.
Report: Colorado Producers Pay ‘Bargain Basement’ Severance Taxes
“Bargain basement” severance taxes and a “dizzying array of exemptions and deductions” for the energy industry is costing Colorado a lot of money, according to a report by a nonprofit renewable energy group.
NGI The Weekly Gas Market Report
Lake Charles Terminal Enhancements Will Expand LNG Import Options
Enhancements to the Trunkline liquefied natural gas (LNG) terminal at Lake Charles, LA, costing about $250 million, will expand capacity and flexibility for BG LNG Services, holder of all of the plant’s capacity.
BG Gaining Capacity, Flexibility With Lake Charles LNG Terminal Enhancement
Enhancements to the Trunkline liquefied natural gas (LNG) terminal at Lake Charles, LA, costing about $250 million, will expand capacity and flexibility for BG LNG Services, holder of all of the plant’s capacity.
EPRI: U.S. Power Outage Costs Top $119 Billion Annually
Power outages and other power quality disturbances are costing the U.S. economy more than $119 billion annually, according to a recent study sponsored by the Electric Power Research Institute’s (EPRI) Consortium for Electric Infrastructure to Support a Digital Society (CEIDS).
Record Gas Demand, Power Problems Costing Californians
California seems as unprepared as ever this week to meet itsenergy needs in the face of a blast of cold weather. The pricestell much of the story. While power prices continued to make gainsyesterday, reaching near $240/MWh during peak hours according tothe California Power Exchange, spot gas prices held ground atrecord levels above $8/MMBtu. Meanwhile, gas and electric utilitiesthroughout the state and the state’s electric grid operator issueda variety of emergency alerts.