Fills

Bentek: Storage Glut Could Drive Fall Prices Lower

Despite the fact that some producers are increasing their dry natural gas shut-ins and retooling their operations to go after liquids, the industry is still facing a supply glut problem, which could be exacerbated later this summer as storage room becomes scarce. As a result, cash prices could easily slip back below $2, according to Evergreen, CO-based Bentek Energy.

May 11, 2012

People

Buddy Garcia has been appointed to the Railroad Commission of Texas (RRC) by Gov. Rick Perry. Garcia’s appointment fills a position vacated by Elizabeth Ames Jones in February (see Daily GPI, Feb. 15). Garcia most recently served on the Texas Commission on Environmental Quality (TCEQ). He was appointed to TCEQ by Perry in 2007 and served as chairman from September 2007 until September 2009. Prior to his appointment to TCEQ, Garcia was Texas’ deputy secretary of state and border commerce coordinator. He also previously served as a senior adviser to Perry and state Sen. Eddie Lucio. A native of Brownsville, TX, Garcia received a bachelor’s degree in political science from Southwest Texas State University, now Texas State University.

April 16, 2012

Canada’s Strong Gas Exports Could Put Pressure on Prices

Rising net natural gas exports to the United States “could put more pressure on natural gas prices” both in the United States and “especially” in Canada as pipeline capacity fills up, according to the latest oil and gas research bulletin by Lehman Brothers’ exploration and production analysts.

December 17, 2001

Canada’s Strong Gas Exports Could Put Pressure on Prices

Rising net natural gas exports to the United States “could put more pressure on natural gas prices” both in the United States and “especially” in Canada as pipeline capacity fills up, according to the latest oil and gas research bulletin by Lehman Brothers’ exploration and production analysts.

December 12, 2001

Independence Fills Gap; Faces FERC

A funny thing happened on the way to the FERC: prospectiveshipper Duke Energy defected, but Dynegy quickly filled in the gapas the proposed new long-haul Independence and Supplylink pipelineprojects re-formed their ranks and marched toward this week’s openmeeting.

July 10, 2000

Independence Fills Gap, Faces FERC

A funny thing happened on the way to the FERC last week: prospective Independence and SupplyLink shipper Duke Energy defected, but Dynegy quickly filled in the gap as the proposed new long-haul projects re-formed their ranks and marched toward this week’s open meeting.

July 10, 2000

FERC Fills Out Markets, Tariffs Division

The Federal Energy Regulatory Commission has outlined thestructure of its new Office of Markets, Tariffs and Rates (OMTR),part of its FERC First reorganization. The office, headed by DanielL. Larcamp, will include three geographic divisions of rates andtariffs for gas and electric services. Michael A. Coleman, from theOffice of Electric Power Regulation will serve as director of thewest division; Robert J. Cupina, from the Office of PipelineRegulation (OPR) will serve as director of the central division andAlice Fernandez from OPR will serve as director of the Eastdivision.

September 27, 1999

Open Season Fills Elba Island LNG

The results are in from Southern LNG Inc.’s open season for arevitalization of the mothballed Elba Island LNG terminal, and thewinner of all 4 Bcf of capacity is Sonat Energy Services, aSouthern LNG affiliate and an affiliate of Southern Natural Gaspipeline. The winning bid was for a 22-year term at fullcost-of-service rates.

July 5, 1999

Open Season Fills Elba Island LNG

The results are in from Southern LNG Inc.’s open season for arevitalization of the mothballed Elba Island LNG terminal, and thewinner of all 4 Bcf of capacity is Sonat Energy Services, aSouthern LNG affiliate and an affiliate of Southern Natural Gaspipeline. The winning bid was for a 22-year term at fullcost-of-service rates.

June 30, 1999