Even with a continuing slow recovery in the regional economy, natural gas demand is expected to grow steadily at just under 1% annually during the next 10 years, with gas used for power generation expected to lead the growth, according to the 2012 Gas Outlook released Saturday by the Northwest Gas Association (NWGA).
Economy
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Wyoming Passes Water Project for Pavillion
Wyoming state lawmakers last Friday passed legislation to help bring a permanent solution to potential drinking water problems in the Pavillion, WY, area. This is where two U.S. Environmental Protection Agency (EPA) test wells have sparked concerns among residents and environmental activists who are opposed to hydraulic fracturing (fracking).
Harvard Study Finds Low NatGas Prices Cut Coal Use, GHG Emissions
While 2009’s recessionary economy was credited for nationwide reductions in greenhouse gas (GHG) emissions, GHG emissions from power generating facilities were on the decline for another reason: greater reliance on natural gas-fueled plants, according to Harvard University researchers.
Researchers: Modest Carbon Tax Would Boost Gas, Cut Emissions
While 2009’s recessionary economy was credited for nationwide reductions in greenhouse gas (GHG) emissions, GHG emissions from power generating facilities were on the decline for another reason: greater reliance on natural gas-fueled plants, according to Harvard University researchers.
Midstream Buildout Promises $511B Bonanza, INGAA Study Says
An unprecedented midstream infrastructure building boom offers the potential for tens of thousands of jobs and a $511 billion cumulative boost to the U.S. economy during the next 23 years, according to the Interstate Natural Gas Association of America (INGAA). The infrastructure is necessary to deliver domestic natural gas, liquids and crude oil from domestic shale plays.
Midstream Buildout Promises $511B Bonanza, Says INGAA
An unprecedented midstream infrastructure building boom offers the potential for tens of thousands of jobs and a $511 billion cumulative boost to the U.S. economy during the next 23 years, according to the Interstate Natural Gas Association of America (INGAA). The infrastructure is necessary to deliver domestic natural gas, liquids and crude oil from domestic shale plays.
Federal Reserve: Economy Growing, Shale Gas Expanding
The Federal Reserve Board took notice of an expanding shale gas industry in parts of the country as the national economy grew at a moderate pace, according to a report released Wednesday.
Energy Industry Optimistic for 2012
The global economy has stabilized or is improving, which will lead to more investments and job growth in 2012 for the oil and gas industry, according to a majority of energy executives surveyed by Ernst & Young LLP.
Federal Report: Shale Gas Expanding in Ohio, Texas
The Federal Reserve Board took notice of an expanding shale gas industry in parts of the country as the national economy grew at a moderate pace, according to a report released Wednesday.
Federal Reserve Report: Economy, Shale Gas Industry Expanding
The Federal Reserve Board took notice of an expanding shale gas industry in parts of the country as the national economy grew at a moderate pace, according to a report released Wednesday.