Developing

Developing transportation markets and a fueling infrastructure in North Texas for natural gas vehicles (NGV) is the goal of gas producers and other companies behind the newly formed Metroplex Natural Gas Vehicle Consortium.

As fast as producers are developing new supplies in the Marcellus Shale, pipeline operators are lining up new pipes to criss-cross the Appalachians. Recently Inergy Midstream LLC reported on successful open seasons for two pipeline projects in the area, National Fuel Gas Supply Corp. announced an open season for new pipe capacity in central Pennsylvania, and NiSource Inc. said it is looking for partners for the largest plan so far, a $1.7 billion investment in two new Marcellus lines.

Aided by a developing storm system in the tropics, July natural gas futures pushed higher for much of Friday’s regular session. The expiring contract touched the psychological $4 level just prior to going off the board at $3.949, up 10.5 cents from Thursday’s finish but 8.3 cents lower than the previous week’s close. The August contract gained 11.6 cents to $4.105 on Friday.

The increased amount of liquefied natural gas (LNG) in the world is quickly developing a global market for natural gas and CME Group Inc. is looking to capture interested traders by creating new contracts that span the gap from the United States to the United Kingdom.

The increased amount of liquefied natural gas (LNG) in the world is quickly developing a global market for natural gas and CME Group Inc. is looking to capture interested traders by creating new contracts that span the gap from the United States to the United Kingdom.

Primarily due to some serious cooling load developing across the southern half of the U.S. (especially in the more heavily populated South) and abetted by a smidgen of chilly weather remaining in the forecast for the upper Northeast, the cash market was able to shrug off the previous day’s 2.9-cent decline by May futures and rise at a majority of points Wednesday.

As natural gas production in the Lower 48 from developing shale plays continues to grow, so too do questions surrounding the environmental impacts and current regulatory structure of the development process, according to a report released last week by the U.S. Department of Energy (DOE). In order to increase shale production, the government agency said protecting groundwater supplies is essential.

As natural gas production in the Lower 48 from developing shale plays continues to grow rapidly, so too do questions surrounding the environmental impacts and current regulatory structure of the development process, according to a report released Tuesday by the U.S. Department of Energy (DOE). In order to increase shale production, the government agency said protecting groundwater supplies is essential.

The economy and low commodity prices scuttled capital spending plans this year for scores of U.S. energy companies, but for many operators exploring and developing the natural gas-rich area that straddles a region covering East Texas and northern Louisiana, that’s not the case.