Hurricane Sandy appears to have posed a minimal disruption to oil and gas companies operating in the Marcellus Shale.
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EIA: Hurricane Isaac Was No Friend to Gas Processing
Hurricane Isaac caused considerable disruption to natural gas processing infrastructure along the Gulf Coast, although it had a negligible effect on natural gas prices because of ample onshore production and surplus storage, the Energy Information Administration said Thursday.
Gas Is The Energy Story; Fracking Plays Protagonist
In what’s become a larger-than-life drama, natural gas is the energy growth engine for the next 20 years, and hydraulic fracturing in North America is the driver, according to ExxonMobil’s Paul Greenwood, vice president for Americas gas marketing, in keynote remarks at a gas industry meeting in Los Angeles Tuesday.
Texas Winter Gas Supplies Expected to be Adequate, Despite Lower Storage
In spite of a temporary disruption to natural gas supplies because of Hurricanes Katrina and Rita, the Texas Energy Reliability Council (TERC) said Tuesday winter supplies will be adequate — but gas bills are expected to be a lot higher.
With Normal Weather, Analyst Sees Gas Prices in $5.50-$6 Range
Assuming normal weather through January, and barring a major oil supply disruption during the period, Stephen Smith Energy Associates is forecasting a natural gas target price in the range of $5.50-$6/MMBtu for February Henry Hub bidweek prices.
Transco: No Penalties if There’s a Y2K Disruption
In the event of a Y2K-related problem, Transcontinental Gas PipeLine said that any imbalances that are incurred on advancenominations by shippers will be exempted from the monthly cashoutpenalty calculation.