Natural gas is cheap today, but over-reliance on the clean-burning fuel down the road could empty consumer pockets with high and unpredictable electricity bills, consultancy IHS warns in a new study on U.S. power supply diversity.
Articles from Diversity
Crosstex Energy LP has completed two projects aimed at getting shale oil and condensate to higher paying markets.
Penn Virginia Corp. (PVA) is opening its Eagle Ford Shale oil window wider with the acquisition of 40,600 gross acres (19,000 net) in Gonzales and Lavaca counties, TX, for $401 million from Magnum Hunter Resources Corp. (MHR), which has set its sights, in part, on the Pearsall Shale.
The San Francisco-based Center for Biological Diversity has issued a 60-day notice of intent to file a lawsuit against the Bureau of Land Management (BLM) for allegedly failing to keep wildlife protected from hydraulic fracturing (fracking) of oil and gas wells on federal lands it manages in the Monterey Shale in central California.
With a growing diversity of sources, robust supplies and recession-tempered demand, Southwest Gas Corp. is in a strong position to serve its 1.8 million customers spread around Nevada, Arizona and a sliver of the eastern part of Southern California. The only question plaguing Bill Moody, Southwest’s vice president for gas resources, is how long can the good life last?
An abundance of natural gas and the diversity of the supply should quell any doubts about the ability of gas to supply the country with energy well into the next century, according to a report issued last Wednesday by the American Gas Association (AGA).
An abundance of natural gas and the diversity of the supply should quell any doubts about the ability of gas to supply the country with energy well into the next century, according to a report issued Wednesday by the American Gas Association (AGA).
With a shared goal of fuel and geographic diversity among its dozen muni utility members, the Southern California Public Power Authority (SCPPA) plans to continue its thrust from last year, looking at locking in more natural gas supplies, renewable energy projects and new transmission lines in the southern half of California in 2007. In an interview with NGI last week, SCPPA Executive Director Bill Carnahan outlined a full plate for the joint powers authority that sports a solid “A”-level credit rating.