Escalating

Western Canadian natural gas producers trying to ramp up new gas supplies have been significantly impacted because of escalating finding and development (F&D) costs as well as rising operating costs, according to an analysis by Ziff Energy.

Industrial endusers of natural gas have much to fret about in a world of rapidly escalating commodity prices, but the smart ones know that they can take measures to exert at least some control over their destinies.

Industrial endusers of natural gas have much to fret about in a world of rapidly escalating commodity prices, but the smart ones know that they can take measures to exert at least some control over their destinies.

PG&E Corp. is dropping out of the proposed Ruby natural gas interstate pipeline from the Rockies to the West Coast because of escalating costs associated with the project proposed by El Paso Corp. PG&E’s utility, Pacific Gas and Electric Co. (PG&E), will continue to work closely with El Paso and track competing proposals for a new Rockies pipeline to the West.

The saga of Canada’s Mackenzie Gas Project (MGP), a lengthy struggle marked by challenges from environmental and aboriginal groups and escalating costs, continued this week in Yellowknife, Northwest Territories, where activists accused the project’s backers, including Imperial Oil Ltd., of overlooking greenhouse gas emissions (GHG) and other potential impacts of the project.

The saga of Canada’s Mackenzie Gas Project (MGP), a lengthy struggle marked by challenges from environmental and aboriginal groups and escalating costs, continued last week in Yellowknife, NWT, where activists accused the project’s backers, including Imperial Oil Ltd., of overlooking greenhouse gas emissions (GHG) and other potential impacts of the project.

After years of tight supply/demand balances, high prices and escalating production costs, the North American natural gas market has fallen into a “permanent shortage” mentality not seen for at least 30 years, but the market is actually showing signs of achievement as it transforms itself once again, Pace Global Energy Services said in a report.

After suffering numerous outages at some generation plants in the past, Rapid City, SD-based Black Hills Corp. enjoyed a 96% availability rate among its electric generation plants and increased its energy trading profits during the second quarter, executives said Friday. Black Hills released greatly improved quarterly financial results on Thursday.

After suffering numerous outages at some generation plants in the past, Rapid City, SD-based Black Hills Corp. enjoyed a 96% availability rate among its electric generation plants and increased its energy trading profits during the second quarter, executives said Friday. Black Hills released greatly improved quarterly financial results on Thursday.