Difference

The mayor of Albany, NY, has vetoed an ordinance that would have banned hydraulic fracturing (fracking) within the city limits on the grounds that the state Department of Environmental Conservation (DEC) has not finalized its actions over the practice.

What a difference a year makes in shale gas drilling. NGI’s Shale Daily Unconventional Rig Count dramatically demonstrates the ascendance of oil and oily gas shale plays as the Bakken Shale/Sanish/Three Forks claimed the top spot on the chart for the greatest number of active rigs with 170, up from 102 and third place a year ago.

Even with an energy industry “sea change” to renewables, the Los Angeles Department of Water and Power (LADWP) remains reliant on natural gas and the industry’s current shale boom, General Manager Ron Nichols told NGI’s Shale Daily on Thursday.

Drilling and production in traditional basins is falling off, but the amount of gas coming out of wells in shale areas is more than making up the difference, according to CenterPoint Energy CEO David M. McClanahan.

Drilling and production in traditional basins is falling off, but the amount of gas coming out of wells in shale areas is more than making up the difference, according to CenterPoint Energy CEO David M. McClanahan.

In a way the Thursday cash market was much like Wednesday’s — mixed price movement with many points flat or close to it. The big difference was that whereas a majority of quotes were lower the day before, gains predominated Thursday. Cooling trends were due to continue Friday in the Northeast and Rockies (and to a small degree in the Midwest), thus boosting heating load, and Wednesday’s 15.3-cent increase by April futures provided extra support to the cash market Thursday.

Canadian liquefied natural gas terminal projects are running aground on a difference between traditional trade with the United States through pipelines and global commerce in ocean tanker cargoes.

Canadian liquefied natural gas (LNG) terminal projects are running aground on a difference between traditional trade with the United States through pipelines and global commerce in ocean tanker cargoes.

What a difference a week can make. After putting in an $8.210 regular-session high on Monday, July natural gas futures came full circle by Friday in reaching a low of $7.650 before settling at $7.663, down 16.2 cents on the day and 21.5 cents lower for the week.