Environmental

Both Energy and Environmental Analysis (EEA) and Energy Ventures Analysis (EVA), two Arlington, VA-based energy industry consulting firms, predict that natural gas prices will be pressured lower this year — EEA says possibly as low as $4/MMBtu by the end of the gas storage injection season.

Both Energy and Environmental Analysis (EEA) and Energy Ventures Analysis (EVA), two Arlington, VA-based energy industry consulting firms, predict that natural gas prices will be pressured lower this year — EEA says possibly as low as $4/MMBtu by the end of the gas storage injection season.

High natural gas prices were cited by the Environmental Protection Agency (EPA) as one of the primary reasons that total U.S. greenhouse gas emissions rose by 0.6% in 2003 from 2002 levels. Rising gas prices caused electric power producers to switch from natural gas to burning more coal.

High natural gas prices were cited by the Environmental Protection Agency (EPA) as one of the primary reasons that total U.S. greenhouse gas emissions rose by 0.6% in 2003 from 2002 levels. Rising gas prices caused electric power producers to switch from natural gas to burning more coal.

U.S. natural gas production in 2004 did not fall as much as some analysts contend nor did it grow as much as federal officials report, a top consultant with Energy and Environmental Analysis Inc. (EEA) said Friday. Kevin Petak, who directs EEA’s energy modeling and forecasting, said the “right” answer is probably somewhere in the middle.

U.S. natural gas production in 2004 did not fall as much as some analysts contend nor did it grow as much as federal officials report, a top consultant with Energy and Environmental Analysis Inc. (EEA) said Friday. Kevin Petak, who directs EEA’s energy modeling and forecasting, said the “right” answer is probably somewhere in the middle.

Cheniere Energy Inc. has initiated the National Environmental Policy Act (NEPA) pre-filing process at FERC for its fourth proposed liquefied natural gas (LNG) import terminal, Creole Trail LNG, and an associated 118-mile 3.3 Bcf/d pipeline system from the terminal at the mouth of the Calcasieu Channel in Cameron Parish, LA, to Rayne, LA.

Cheniere Energy Inc. has initiated the National Environmental Policy Act (NEPA) pre-filing process at FERC for its fourth proposed liquefied natural gas (LNG) import terminal, Creole Trail LNG, and an associated 118-mile 3.3 Bcf/d pipeline system from the terminal at the mouth of the Calcasieu Channel in Cameron Parish, LA, to Rayne, LA.

The board of directors of ConocoPhillips said Friday that they have approved the company’s 2005 cash capital expenditures budget of approximately $6.9 billion, a majority of which is earmarked for the company’s Exploration and Production (E&P) and Midstream segments.