Economic

An economic think tank predicts a rosy future for Canadian natural gas, but in the industry all bets are off on when a turn for the better might come.

An economic think tank predicts a rosy future for Canadian natural gas, but in the industry all bets are off on when a turn for the better might come.

Six years after it was the center of an economic and energy meltdown, California’s latest public-sector energy financings are gaining improved reviews by Standard & Poor’s Ratings Services (S&P) and Moody’s Investors Service.

ExxonMobil Corp. CEO Rex Tillerson last week said the proposed Mackenzie Delta natural gas pipeline is “not economic at the current costs,” and he cast doubt on the near-term possibility of an Alaska gasline because of escalating service and raw materials costs.

ExxonMobil Corp. CEO Rex Tillerson Wednesday said the proposed Mackenzie Delta natural gas pipeline is “not economic at the current costs.” The near-term possibility of an Alaska gasline also is in doubt because of escalating service and raw materials costs.

Liquefied natural gas (LNG) is becoming more economic compared with drilling in many U.S. basins, and by 2009, it could compete with wellhead supply, according to a study by Pickering Energy Partners Inc.

Liquefied natural gas (LNG) is becoming more economic compared with drilling in many U.S. basins, and by 2009, it could compete with wellhead supply, according to a study by Pickering Energy Partners Inc.

In a state whose political and economic history has been shaped by water more than any other resource, California Public Utilities Commission member Dian Grueneich last week used her power as the regulatory panel’s assigned commissioner on the issue to order the state’s four major private-sector energy utilities to develop one-year pilot programs for stepping up water conservation aimed at cutting the large energy volumes used to produce, transport and treat water.

In a state whose political and economic history has been shaped by water more than any other resource, California Public Utilities Commission member Dian Grueneich Monday used her power as the regulatory panel’s assigned commissioner on the issue to order the state’s four major private-sector energy utilities to develop one-year pilot programs for stepping up water conservation aimed at cutting the large energy volumes used to produce, transport and treat water.