Diminish

As natural gas produced from shale plays gains a larger slice of the gas market pie and production from the Gulf of Mexico continues to diminish, gas processing infrastructure is increasingly being added in non-Gulf Coast areas, according to the Energy Information Administration (EIA).

As natural gas produced from shale plays gains a larger slice of the gas market pie and production from the Gulf of Mexico continues to diminish, gas processing infrastructure is increasingly being added in non-Gulf Coast areas, according to the Energy Information Administration (EIA).

As natural gas produced from shale plays gains a larger slice of the gas market pie and production from the Gulf of Mexico continues to diminish, gas processing infrastructure is increasingly being added in non-Gulf Coast areas, according to the Energy Information Administration (EIA).

The Pennsylvania governor who led the state through the first years of the Marcellus Shale boom said the natural gas industry has “screwed up so badly” that it brought a tide of negative public opinion on itself.

Even as already modest weather-based demand continued to diminish or see only slight increases, prices again registered fairly strong gains at all points Wednesday in an extension of this week’s post-holiday rally. It wasn’t much, but the previous day’s futures increase of 7.9 cents gave some backing to the cash market, and the fact that prices were still fairly low compared to previous months may have attracted buyers who still had options on where to place the supplies.

Who would have guessed? With weather fundamentals mostly moderate outside the Texas-desert Southwest area and starting to diminish in interior California, and futures guidance remaining quite negative after a 15.6-cent loss by the prompt-month contract a day earlier, cash prices sank again at nearly all points Wednesday.

The quality of U.S. natural gas prospects continues to diminish, and organic decline rates continue to rise, which means that the U.S. gas supply picture “remains quite constrained,” according to Raymond James analysts.

The quality of U.S. natural gas prospects continues to diminish, and organic decline rates continue to rise, which means that the U.S. gas supply picture “remains quite constrained,” according to Raymond James analysts.

Energy legislation pending in Congress to affirm FERC’s exclusive jurisdiction over the siting of liquefied natural gas (LNG) import terminals “would not diminish the important role the states play in the authorization process,” FERC Chairman Pat Wood said Friday.