Liquids-rich gas and high initial production rates from oil wells are driving red hot interest in the Eagle Ford Shale, and this is only bolstered by the region’s established midstream infrastructure and proximity to energy markets, Fitch Ratings said in a new report. More isolated shale basins need costly “mega pipelines,” which are tougher on credit ratings, Fitch said.
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Articles from Dominant
Natural Gas Said to Dethrone Coal
After hundreds of years of being the dominant source for electrical power generation, commodity analysts said the coal industry faces an uncertain future as natural gas prices remain low and utilities build new power plants fueled by natural gas.
Reports: King Coal Being Dethroned by Natural Gas
After hundreds of years of being the dominant source for electrical power generation, separate reports by the commodity analysts and the media say the coal industry faces an uncertain future as natural gas prices remain low and utilities build new power plants fueled by natural gas.
Natural Gas Giving Coal An Uncertain Future, Analysts Find
After hundreds of years of being the dominant source for electrical power generation, separate reports by the commodity analysts and the media say the coal industry faces an uncertain future as natural gas prices remain low and utilities build new power plants fueled by natural gas.
Idaho Plan: More Gas, Less Coal for Power
In a state where water and coal have been the dominant sources of electricity historically, Idaho state regulators last month approved a 20-year integrated resource plan (IRP) calling for increased use of natural gas and hydroelectric sources while cutting back considerably on coal-fired electricity.
Shale Called ‘Source of Uncertainty’ for U.S. Gas Market
Shale gas production is projected to increase to the point where it becomes the dominant domestic gas supply over the next two decades, but it brings with it the “greatest source of uncertainty” facing North American gas markets, according to the Deloitte Center for Energy Solutions.
Most Quotes Drop a Bit; No ‘Hurricane Hype’
Although small losses were slightly dominant, a sizeable number of flat to modestly higher locations kept cash market movement mixed Monday. Most severely hot weather with triple-digit highs was still confined to the south-central and Southwest sections of the U.S., and although the South could expect to keep peaking in the low to mid 90s, that represented merely seasonal to slightly below-normal conditions for August.
Industry Brief
As the Pacific Northwest’s dominant energy player, the federal Bonneville Power Administration (BPA) has adopted what it described as a landmark settlement on a residential exchange program that it hopes will end years of dispute over how BPA makes low-cost hydroelectric supplies available to small residential and farm customers of investor-owned utilities (IOU). Given the criticism of BPA for shunning natural gas and wind power generators in the face of abundant water supplies this spring and summer, the federal power behemoth is hoping it has a win-win, noting that the deal has the backing of six regional IOUs, three state regulatory commissions, and most public-sector utilities representing 88% of BPA’s customers and 93% of the power consumed in the region. Under the settlement, IOU customers are in line to get about $3.3 billion in payments during a 17-year period, beginning at $182.1 million in fiscal 2012 and increasing to $286.1 million by fiscal 2028.
Pennsylvania Township Adopts Zoning Ordinance
A township in western Pennsylvania adopted a conditional use ordinance on Wednesday, the latest development in a kerfuffle with its dominant driller, Range Resources Corp.
NOAA, Bastardi See Regional Split in Winter Weather Forecasts
A continuing La Nina event off the west coast of South America will be the dominant factor influencing weather across most of the United States this winter, bringing colder- and wetter-than-usual conditions to the Pacific Northwest and northern Plains, while much of the Southeast, Gulf Coast, Southwest and California will experience decidedly non-winter weather, according to a pair of forecasts issued separately Thursday.