A rise in shale gas supplies and implications from last fall’s San Bruno, CA, pipeline rupture and explosion have caused California Energy Commission (CEC) planners to rethink their update of the state’s 2011 Integrated Energy Policy Report.
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Shale Gas, San Bruno Explosion Alter California Resource Plan
A rise in shale gas supplies and implications from last fall’s San Bruno, CA, pipeline rupture and explosion have caused California Energy Commission (CEC) planners to rethink their update of the state’s 2011 Integrated Energy Policy Report.
Excess Northwest Hydro Supplies Impact Gas, Wind Power
While natural gas demand already is poised to take a hit, ever-growing regional wind power supplies may be the next domino to fall in the face of excess hydroelectric supplies in the Pacific Northwest. The region’s key power marketer/transporter, the Bonneville Power Administration (BPA), however, is going to delay as long as it can a proposal to begin curtailing large chunks of wind power, officials said last Wednesday.
Northwest Energy Mix Upset by Excess Hydro Supplies
While natural gas demand already is poised to take a hit, ever-growing regional wind power supplies may be the next domino to fall in the face of excess hydroelectric supplies in the Pacific Northwest. The region’s key power marketer/transporter, the Bonneville Power Administration (BPA), however, is going to delay as long as it can a proposal to begin curtailing large chunks of wind power, officials said Wednesday.
Chevron Steps on Natgas to Drive Long-Term Growth
Chevron Corp., which opened its wallet in a big way last fall with its nearly $5 billion purchase of U.S. shale producer Atlas Energy Inc., sees natural gas as the highway to the future. And it’s banking on it.
Chevron Steps on Natgas to Drive Long-Term Growth
Chevron Corp., which opened its wallet in a big way last fall with its nearly $5 billion purchase of U.S. shale producer Atlas Energy Inc., sees natural gas as the highway to the future. And it’s banking on it.
Drops Dominant, But New Cold Firms Some Northeast Points
Prices continued to fall modestly at a majority of points Friday, but despite the extra decline of industrial load over a holiday weekend, a number of locations mostly in the Northeast were flat to a little more than 90 cents higher because of a revival of colder temperatures during the weekend and through much of the week. Subfreezing lows predicted to begin Saturday in the Northeast caused regional citygates to record the largest upticks.
$4 Support Ready to Fall; March Continues to Erode
Futures continued to work lower Tuesday as weather forecasts softened and funds and managed accounts squared their books. Traders see a fall below $4 as virtually inevitable and expect continued weakness. At the close March futures fell 6.4 cents to $4.040 and April dropped 6.8 cents to $4.072. March crude oil shed 54 cents to $86.94/bbl.
People
Sen. Lisa Murkowski (R-AK), who waged a successful campaign last fall to serve another term in the Senate, has been confirmed as the ranking member of the Senate Energy and Resources Committee by the panel’s Republican members. The selection was ratified by the full Senate Republican Caucus at a luncheon Tuesday.
INGAA Forms Pipeline Safety 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 it has rededicated itself to pipeline safety and formed a new executive-level task force.