As production from the booming Marcellus Shale has grown and the emerging Utica Shale has made its presence felt, the Northeast, formerly a gas “have-not,” is pushing its own production outward to markets as pipelines race to catch up.
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CNYOG’s MARC I on Track to Boost Marcellus Storage Access
Inergy subsidiary Central New York Oil & Gas Co. LLC (CYNOG) is ready to move forward with construction of the MARC I Hub Line project in northeastern Pennsylvania — a project that is expected to give northern markets greater access to Marcellus Shale gas — following a FERC order this week granting the project a certificate of public convenience and necessity.
Marcellus Production Surge Driving a Wedge in Prices
Making good on its comparisons to Saudi Arabia in terms of natural energy resources, the Marcellus Shale has been making its heft felt on the Northeast region’s pipelines, wreaking havoc with traditional basis on lines such as Tennessee Gas Pipeline.
Burgeoning Marcellus Production Widens Price Differential
Making good on its comparisons to Saudi Arabia in terms of natural energy resources, the Marcellus Shale has been making its heft felt on the Northeast region’s pipelines, wreaking havoc with traditional basis on lines such as Tennessee Gas Pipeline.
Marcellus Production Surge Driving a Wedge in Prices
Making good on its comparisons to Saudi Arabia in terms of natural energy resources, the Marcellus Shale has been making its heft felt on the Northeast region’s pipelines, wreaking havoc with traditional basis on lines such as Tennessee Gas Pipeline.
Virtually No Thermal Power Generation in Northwest, BPA Says
Since May when this year’s above-normal water runoff began being felt fully, some 6,000 to 7,000 MW of thermal (natural gas and coal-fired) generation has been shut down, a Bonneville Power Administration (BPA) spokesperson in Portland, OR, told NGI Friday.
Barclays: Oil Prices to Change Trajectory of Gas Supply
U.S. natural gas prices will begin to move higher in “late 2012” once the impact on supply is felt as more gas rigs continue to be diverted to oil plays, a Barclays Capital analyst said Friday.
Barclays: Oil Prices Changing Gas Supply Trajectory
U.S. natural gas prices will begin to move higher in “late 2012” once the impact on supply is felt as more gas rigs continue to be diverted to oil plays, a Barclays Capital analyst said Friday.
Chevron’s U.S. Shale Plays to ‘Generate Opportunities,’ says E&P Chief
Chevron Corp. has its hand in nearly every natural gas and oil producing basin on- and offshore around the world. But for the long term, natural gas development will be the driver, and U.S. shale plays offer “opportunities” to sustain organic growth, the company’s exploration and production (E&P) chief said last Monday.
Still Summery in Some Areas; Prices Keep Rising
Fall may have officially begun a day earlier, but with parts of the Northeast joining the South and desert Southwest in conditions that felt more like summer, prices continued to rise at nearly all points Thursday. The cash market got an additional boost from Wednesday’s 4.7-cent gain by October futures, and a concern about the pending formation of a new tropical storm in the Caribbean likely played a role.