Every week the Energy Information Administration (EIA) tells the gas industry roughly how much of its product is stored underground. Once a year it estimates how big the nation’s gas warehouse actually is. By the latest estimate, capacity has grown due to the opening of facilities and expansions.
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EIA: Peak Storage Capacity Grew 2.6% Since April 2008
Every week the Energy Information Administration (EIA) tells the gas industry roughly how much of its product is stored underground. Once a year it estimates how big the nation’s gas warehouse actually is. By the latest estimate, capacity has grown due to the opening of facilities and expansions.
Williams Eyes ‘Abundant’ Opportunities Beyond 2009
An incremental 10-15 Bcf/d of U.S. natural gas supply over the next 10-15 years creates “abundant” opportunities, and Williams’ goal is to be the No. 1 or No. 2 player in every U.S. gas basin in which it operates, CEO Steve Malcolm said last week.
Williams Sees ‘Abundant’ Opportunities for Gas Beyond 2009
An incremental 10-15 Bcf/d of U.S. natural gas supply over the next 10-15 years creates “abundant” opportunities, and Williams’ goal is to be the No. 1 or No. 2 player in every U.S. gas basin in which it operates, CEO Steve Malcolm said Tuesday.
NOAA: 2008 Atlantic Hurricane Season Set Records
The Atlantic Hurricane Season — which ends every year on Nov. 30 — in 2008 produced a record number of consecutive storms to strike the United States and was one of the more active seasons in the 64 years since comprehensive record-keeping began, according to the National Oceanic and Atmospheric Administration (NOAA).
NOAA: 2008 Atlantic Hurricane Season Set Records
The Atlantic Hurricane Season — which ends every year on Nov. 30 — in 2008 produced a record number of consecutive storms to strike the United States and was one of the more active seasons in the 64 years since comprehensive record-keeping began, according to the National Oceanic and Atmospheric Administration (NOAA).
Virtually All Points See Post-Weekend Gains
Prices rose at every point but one Monday despite cooling trends in some areas and the previous Friday’s 17.3-cent drop by July futures. There were still some high heat levels, especially in the southern half of the West and parts of the South, and industrial load had returned from its typical weekend decline.
Futures Finish Lower, But $10-Plus Prices Could Return This Summer
After a week where the natural gas futures market went in a different direction every session, trading on Friday broke the mold as the session added to Thursday’s losses. The May contract closed out the week at $9.322, down 9.5 cents from Thursday’s finish and 47.8 cents lower than the previous week’s close.
Exxon Replaces More than 100% of Production in 2007
ExxonMobil Corp. did what every energy company hoped to do last year: replace more than 100% of its oil and natural production, the company said Friday.
Exxon Replaces More than 100% of Production in 2007
ExxonMobil Corp. has done what every energy company hoped to do last year: replace more than 100% of its oil and natural production.