Essentially

California Report: New Supply Doubtful, 20-Year Outlook Flat

Projecting flat demand for natural gas in the state for the next two decades, the latest California Gas Report released by the state’s major utilities and regulators essentially makes it difficult to support new interstate pipeline capacity, a former regulatory attorney told the Law Seminars International “Energy in California” conference last week in San Francisco.

September 20, 2010

California New Supply Doubtful, 20-Year Demand Flat, Report Shows

Projecting flat demand for natural gas in the state for the next two decades, the latest California Gas Report released by the state’s major utilities and regulators essentially makes it hard to support new interstate pipeline capacity, a former regulatory attorney told the Law Seminars International “Energy in California” conference Monday in San Francisco.

September 15, 2010

Nearly All Points Fall Despite Eastern Heat, Depression

A continuing heat wave in the East and a tropical depression in the western Gulf of Mexico (GOM) were essentially insignificant to the cash market Thursday. It preferred to follow the previous day’s futures drop of 11.7 cents in falling at nearly all points.

July 9, 2010

Storm Seen as Little Threat; Prices Slightly Down

Futures traders essentially ignored the formation of Tropical Storm Alex, and the cash market also paid it little heed as prices were little changed from flat Monday. Lower numbers constituted a slight majority, especially in the Midcontinent, Rockies and Western Canada.

June 29, 2010

All-Points Weekend Drops End Extended Rally

The market faltered at the finish line of trying to achieve a full week of advancing prices at essentially all points. In spite of rising weekend temperatures in the Midwest, the previous day’s dive of 29.9 cents by September futures following a report of an above-expectations storage injection was able to induce double-digit declines at all but one point Friday. The typical weekend fallback of industrial load was an additional, albeit minor, bearish factor.

August 10, 2009

EIA Sees Number of Market Centers Growing

The number of natural gas market centers in the United States and Canada has remained essentially constant since the late 1990s, but that’s about to change as evolving supply basins and pipeline infrastructure dictate gas shipper needs, the Energy Information Administration (EIA) has found. EIA said six new market centers could be placed in service in the next four to five years.

April 27, 2009

EIA: Market Center Activity Growing

The number of natural gas market centers in the United States and Canada has remained essentially constant since the late 1990s, but that’s about to change as evolving supply basins and pipeline infrastructure dictate gas shipper needs, the Energy Information Administration (EIA) has found. EIA said six new market centers could be placed in service in the next four to five years.

April 27, 2009

Heat, Screen Support Fail to Boost Cash Prices

The breaking of a five-day losing streak by August futures Monday did essentially nothing to boost the cash market Tuesday. Four flat to about a dime higher points were the sole exceptions to overall softness. Quotes fell at most points despite forecasts of peak temperatures in the upper 80s or higher in much of the U.S. Wednesday.

July 30, 2008

Sempra Not Worried on LNG, Renewable Delays

With liquefied natural gas (LNG) contracts that are essentially take or pay, and a robust future renewable energy market in the West, Sempra Energy COO Neal Schmale pushed aside any concerns about delays now facing some of his company’s major energy supply projects, such as its LNG receiving terminal in North Baja California, Mexico, and Cameron, LA. Schmale expects the Costa Azul facility in Mexico that began commercial operations earlier in May to have at least 25% of its capacity used at any given time starting next year.

June 2, 2008

Efficiency Programs Expanded in California

In a state where the per-capita energy use has stayed essentially flat for more than three decades, California regulators Thursday expanded utility ratepayer-funded energy efficiency programs for major private-sector energy utilities. Low Income Energy Efficiency (LIEE) programs along with a one-year pilot program to merge energy and water conservation efforts were approved in separate actions by the California Public Utilities Commission (CPUC).

December 26, 2007