Projections calling for below-normal water levels in the Pacific Northwest create the prospect for higher natural gas loads this year to make up for the smaller amounts of hydropower expected in the region, according to a Barclays report on the region’s prospects.
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Ohio Governor Proposes Two-Tier Severance Tax Structure
Ohio Gov. John Kasich unveiled his proposed biennial executive budget on Monday, which includes a two-tier severance tax structure that would, for the first time, differentiate between horizontal and vertical wells drilled into the emerging Utica Shale.
NGL Regional Differentials to End, Say Analysts
Regional natural gas liquids (NGL) differentials will collapse over the next two years as new NGL pipelines create excess takeaway capacity out of all major basins (except the Marcellus Shale) into Mont Belvieu, TX, according to analysts at Tudor, Pickering, Holt & Co. (TPH).
TPH Forecasts End of NGL Regional Differentials in 2013-2014
Regional natural gas liquids (NGL) differentials will collapse over the next two years as new NGL pipelines create excess takeaway capacity out of all major basins (except the Marcellus Shale) into Mont Belvieu, TX, according to analysts at Tudor, Pickering, Holt & Co. (TPH).
Gas-Dependent ISO-NE Looks to Oil, Coal to Lessen Operational Risk
New England’s reliance on natural gas to fuel power generators “could create operational challenges if natural gas supplies become tight this winter,” which would force the region to turn to oil- coal-fired generation “to lessen any operational risks” to the power system, according to a winter forecast issued Tuesday by ISO New England Inc. (ISO-NE).
Appalachia Pooling, Storage Flexibility Proposed
National Fuel Gas Supply Corp. in separate filings has asked FERC for permission to create new pooling points on its Appalachian system and has asked to enhance natural gas storage service by decoupling injection and withdrawal rights from storage capacity rights.
National Fuel Proposes Pooling, Storage Flexibility in Appalachia
National Fuel Gas Supply Corp. in separate filings has asked FERC for permission to create new pooling points on its system and to enhance gas storage service by decoupling injection and withdrawal rights from storage capacity rights.
University at Buffalo to Close Shale Resources and Society Institute
The University at Buffalo (UB) will close its Shale Resources and Society Institute (SRSI), which during its seven-month life issued a hydraulic fracturing (fracking) study that was the target of criticism from several areas, including some UB staff, university President Satish Tripathi said Monday.
Pittsburgh Drilling Proposals Advance to Planning Commission
The Pittsburgh City Council has referred a series of proposed amendments, which would create “mineral extraction districts” and possibly open the city to at least limited Marcellus Shale drilling, to the city’s planning commission.
‘Major Energy Policy Reset’ Called Key to Fiscal Recovery
Dramatically increasing the production of domestic natural gas, oil and coal offers the United States its best opportunity to create sustainable jobs, but political wrangling stands in the way of achieving that goal, according to a new report from the Manhattan Institute for Policy Research.