Driving

In the space of six years, shale gas development has turned the U.S. energy world upside down, driving natural gas prices well below the $15/Mcf levels they reached following Gulf of Mexico hurricanes in 2005, former FERC Commissioner Marc Spitzer said Wednesday in a webcast interview on the industry program “OnPoint.”

TransCanada Corp., Canada’s largest natural gas and oil pipeline operator, on Tuesday credited an aggressive growth strategy to build new infrastructure for driving strong returns in 4Q2011.

While Texas natural gas production, prices and revenues fell in 2011, the state’s oil production, prices and revenues more than made up the difference, driving a 15% increase in industry employment, according to the Texas Petro Index (TPI) year-end numbers for 2011.

Kinder Morgan Inc.’s (KMI) acquisition of El Paso Corp. is taking place in a world of growing gas supply from nonhistoric basins, which is driving the need for new and different infrastructure: gas and liquids pipelines, processing, fractionation, etc. It’s too soon to say how a combined KMI-El Paso will play the infrastructure game, but consolidation among others shouldn’t be a surprise, energy analysts told NGI.

Kinder Morgan Inc.’s (KMI) acquisition of El Paso Corp. is taking place in a world of growing gas supply from non-historic basins, which is driving the need for new and different infrastructure: gas and liquids pipelines, processing, fractionation, etc. It’s too soon to say how a combined KMI-El Paso will play the infrastructure game, but consolidation among others shouldn’t be a surprise, energy analysts told NGI.

Kinder Morgan Inc.’s (KMI) acquisition of El Paso Corp. is taking place in a world of growing gas supply from non-historic basins, which is driving the need for new and different infrastructure: gas and liquids pipelines, processing, fractionation, etc. It’s too soon to say how a combined KMI-El Paso will play the infrastructure game, but consolidation among others shouldn’t be a surprise, energy analysts told NGI.

Energy experts predict that natural gas will surpass coal and become the second most widely used fossil fuel on Earth by 2030, but said challenges remain for the industry to make that a reality.

Attractive margins, supported by shale plays, are driving producers and consumers to perpetuate a boom in natural gas liquids (NGL) while midstream infrastructure is running to keep up with demand, Enterprise Products Partners LP COO Jim Teague said last week.

Attractive margins, supported by shale plays, are driving producers and consumers to perpetuate a boom in natural gas liquids (NGL) while midstream infrastructure is running to keep up with demand, Enterprise Products Partners LP COO Jim Teague said Tuesday.