Everyone

Everyone knows “Texas tea” means oil, but in the Lone Star state, ethylene produced from booming supplies of natural gas liquids (NGL) might come to be known as “Texas sweetened tea” for the profitability it’s bringing to the Gulf Coast petrochemical industry.

Tempers flared Tuesday evening at a meeting in the rural Louisiana town of Pierre Part as the slurry churned in an Assumption Parish swamp, but everyone in attendance was told there was no danger of a natural gas or any other kind of explosion.

In about 18 months the U.S. Geological Survey (USGS) should be able to tell the energy industry, and everyone else, just how productive the Three Forks formation, which lies below the Bakken Shale, might be.

A Rockies producer had a pithy description of the current gas market: “It stinks!” Industrial firms that use gas as a feedstock and almost everyone enjoying lower gas bills might disagree, but it’s likely that many others in the gas industry also would prefer a sweeter-smelling market.

With last fall’s San Bruno, CA, pipeline rupture still fresh in everyone’s mind, the Interstate Natural Gas Association of America (INGAA) said it has rededicated itself to pipeline safety and formed a new executive-level task force.

With last fall’s San Bruno, CA, pipeline rupture still fresh in everyone’s mind, the Interstate Natural Gas Association of America (INGAA) said Thursday it has rededicated itself to pipeline safety and formed a new executive-level task force.

With higher natural gas liquids (NGL) prices relative to natural gas, a continued surge in output from the gas shale plays and cryogenic gas processing technologies, new infrastructure continues to be in high demand for the U.S. liquids market, according to a report by Bentek Energy LLC.

The natural gas oversupply bubble, driven by gigantic growth in shale gas, could spread around the world, becoming a game changer for almost everyone, according to Jim Duncan, director for market analysis at ConocoPhillips Gas and Power.

The natural gas oversupply bubble, driven by gigantic growth in shale gas, could spread around the world, becoming a game changer for almost everyone.