electricity

Weekly Prices Post Solid Gains Across All Regions

Natural gas prices on average gained 9 cents nationally for the week ended October 11. Only a handful of points in the Midcontinent and Northeast endured declines and the vast majority of locations enjoyed gains, some well into double digits.

October 14, 2013

Range Blasts Misinformation in Contamination Case

Range Resources Corp. said it is complying with a court order to obtain and provide information for all of the chemicals used at a Marcellus Shale drilling and impoundment site in Washington County, PA, but it took issue with media reports suggesting that the company doesn’t know what chemicals are used in hydraulic fracturing (fracking) operations.

October 14, 2013

West Looking for New Gas Infrastructure

The western United States may on the brink of an upsurge in natural gas demand outstripping supply, which would require new infrastructure, a panel of experts said last week at the LDC Gas Forum Rockies & West in Los Angeles.

October 14, 2013
Economic, Climate Benefits of Shale Gas Questioned

Economic, Climate Benefits of Shale Gas Questioned

Unconventional natural gas in the onshore likely will keep U.S. prices low until 2020, but it may not translate to climate benefits or an improved economy, according to an elite group of industry, academic and scientific experts.

October 14, 2013

With EIA Storage Dark, Industry Estimates To Stand In?

In the wake of the news Friday that the Energy Information Administration (EIA) would cease operations and furlough its staff thanks to the U.S. Government shutdown, traders and analysts are waiting to see how the natural gas futures market deals with the lack of a weekly storage inventory update.

October 14, 2013

NatGas Fueling Network Expands

Separate deals in Florida, Texas and Nebraska announced last week could begin to expand the highway for natural gas vehicles (NGV).

October 14, 2013
Goldman Sees Gas Demand Growing at $6 Prices

Goldman Sees Gas Demand Growing at $6 Prices

While there are risks inherent in finding the yellow brick road to global energy growth, U.S. natural gas demand is likely to take off between now and 2020, a Goldman Sachs economist told an industry audience last week at the LDC Gas Forum Rockies & West meeting in Los Angeles.

October 14, 2013

EIA Shuts Down Operations, Furloughs Staff

The U.S. Department of Energy’s (DOE) Energy Information Administration (EIA), one of the few governmental agencies that was able to stay open during the beginning days of the shutdown because it had reserve funds, said it would cease operations and furlough its staff at the end of the day Friday.

October 14, 2013

Ohio ‘Home Rule’ Case Moves Forward at State Supreme Court

A court case to decide the fate of local ordinances, or “home rule” laws, in the emerging Utica Shale is advancing before the Supreme Court of Ohio.

October 14, 2013

Icahn Takes Interest in Talisman

Carl Icahn, whose investments in Chesapeake Energy Corp., among others, led to big changes, has turned his eyes to Calgary’s Talisman Energy Inc., where he now holds a near 6% stake.

October 14, 2013