With much of drought-stricken Texas being ravaged by wildfires, the energy industry has its eyes on infrastructure that could be threatened by flames and potential production shut-ins. However, production volumes from fire-afflicted Texas counties “seem unaffected so far,” Bentek Energy LLC said in a note Friday.
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Wildfires Menace Texas Production
With much of drought-stricken Texas being ravaged by wildfires, the energy industry has its eyes on infrastructure that could be threatened by flames and potential production shut-ins. However, production volumes from fire-afflicted Texas counties “seem unaffected so far,” Bentek Energy LLC said in a note Friday.
NGI The Weekly Gas Market Report
Capitol Hill Gives ANWR Drilling the Boot — Again
Plans to open the Arctic National Wildlife Refuge (ANWR) to oil and natural gas drilling went down in flames last Wednesday as Senate drilling proponents were unable to garner sufficient support to head off a threatened Democratic filibuster of a conference report on the $453 billion defense appropriations bill that called for refuge access for producers.
Senate Dems Block Defense Bill Over Hot-Button ANWR Issue
Plans to open the Arctic National Wildlife Refuge (ANWR) to oil and natural gas drilling went down in flames Wednesday as Senate proponents failed to override a filibuster of a conference report on the $453 billion defense appropriations bill that called for refuge access for producers.
CA Governor Fans the Flames for Refunds
Far from the opening federal settlement hearing in Washington, DC, on potential electricity refunds, California’s Gov. Gray Davis used the bully pulpit of orchestrated media events Monday in Sacramento to drive home his contention that his state’s consumers have been “ripped off,” and they have up to $9 billion in refunds coming to them.
Dominion Fishes Deals Upstream and Down
Fanning the flames of the convergence-consolidation bonfire,Dominion Resources (DRI) last week announced two plannedacquisitions that would add both wellheads and burner tips, not tomention assets in between.
KCBT Sells Gas Futures Trading Permits
The Kansas City Board of Trade expects to fan the flames ofinterest in its Western Natural Gas Futures Contract by offering asecond round of two-year gas trading permits for $1,000 each plusapplication fees of $300. Twenty trading permits are being offeredto non-KCBT members. Currently about 15-20 traders are active inthe gas pit so the offering potentially could double the exchange’sgas trading activity.