Low prices have made dry gas from shales a producers’ problem and an end-user’s dream. But interests at both ends of the market do agree that the right gas price — the equilibrium price — would make shale gas a boon for the country.
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Marcellus Will Push Back Canadian Gas, Says Bentek
Marcellus Shale gas will push out some gas traditionally imported from Dawn, ON, later this year as new pipeline expansions come online, Bentek Energy LLC said in a market note.
ExxonMobil Planning South Texas Ethane Cracker
ExxonMobil Chemical recently made a regulatory filing to add a multi-billion-dollar ethane cracker and other facilities at its Baytown, TX, chemicals complex with the intention of taking advantage of cheap ethane being thrown off by liquids-rich shale gas plays.
Forth Worth’s Barnett Air Study Anticlimactic
The results of a long-awaited, million-dollar study of air emissions in Fort Worth’s portion of the Barnett Shale in North Texas are in and rather anticlimactic. While a handful of sites were found to have emissions exceeding regulatory allowances, setback requirements for natural gas facilities were generally found to be adequate.
Air Study Finds Little to Worry About in Fort Worth
The results of a long-awaited, million-dollar study of air emissions in Fort Worth’s portion of the Barnett Shale in North Texas are in and rather anticlimactic. While a handful of sites were found to have emissions exceeding regulatory allowances, setback requirements for natural gas facilities were generally found to be adequate.
Fuel Subsidies Need to Be Debated, Institute Says
The disputed dollar impacts are sufficiently large and the deficit reduction talks equally intense so a full range of federal energy subsidies need to be debated by Congress and others, according to a white paper issued recently by the Washington DC-based Environmental and Energy Study Institute (EESI) which generally supports renewable energy.
CFTC Plans to Divide Final Rules Into Three Batches
The Commodity Futures Trading Commission (CFTC) plans to soon begin finalizing the proposed rules to oversee the multi-trillion dollar derivatives market in the United States, but it doesn’t believe it will be able to complete its work by the July deadline set by Congress.
CFTC Plans to Divide Final Rules Into Three Batches
The Commodity Futures Trading Commission (CFTC) plans to soon begin finalizing the proposed rules to oversee the multi-trillion dollar derivatives market in the United States, but it doesn’t believe it will be able to complete its work by the July deadline set by Congress.
Overall Quotes Mixed, Near Flat; Northeast Dives
Multi-dollar plunges at several Northeast citygates stood out as most points in other regions were either flat or recorded changes up and down of about a nickel or less Thursday. Although leaving temperatures around freezing or not much higher in its wake, a winter storm was starting to move out of the Northeast, and other areas were seeing a variety of cold to cool conditions that failed to create impressive amounts of heating load. Cash quotes also continued to get no backing from the previous day’s 5.5-cent fall by April futures.
Mixed Signals for California’s Large-Scale Solar
Without the fanfare six years ago when multi-billion-dollar contracts were signed with major utilities, two large-scale solar thermal projects in California have been sold and their 20-year offtake utility contracts canceled. This comes at a time when Congress and the Obama administration are proposing to cut federal dollars related to renewable energy development and investment banks have become skeptical toward the green energy space, particularly solar.