With natural gas production remaining stout – even amid temporary shut-ins ahead of Hurricane Ian – and cooler weather leaving its mark on storage inventories, natural gas forward prices continued to fall during the Sept. 22-28 week, according to NGI’s Forward Look. In the latter part of the period, all attention was on Florida, where…
Articles from Florida
Duke’s Proposed Rate Hike in Florida Designed to Offset Natural Gas Price Volatility
Duke Energy Florida earlier this month proposed an electricity rate hike to mitigate the impact of volatile natural gas prices. The “fuel adjustment” would be tacked onto residential, commercial and industrial power bills from March through at least February 2023, the Duke Energy Corp. subsidiary said. The measure would translate to a $6.62 increase in…
Trump Reverses Course on Offshore Drilling by Extending, Expanding Atlantic Ban
In a policy about-face, President Trump extended a moratorium on oil and natural gas development in the eastern Gulf of Mexico (GOM) and expanded the ban to the Atlantic coasts of Florida, Georgia and South Carolina. The president, speaking Tuesday in Jupiter, FL, near his Mar-a-Lago Club in Palm Beach, threw a political bone to…
Mirabito Launches Carbon Offset Plan for Florida Customers
Genie Energy subsidiary Mirabito Natural Gas has launched MirabitoClean to offset the carbon emissions of its Florida customers, which in turn would fund renewable energy projects around the United States.
Callahan Intrastate Pipeline to Expand Natural Gas Service to Northeast Florida
Chesapeake Utilities Corp. affiliate Peninsula Pipeline Co. and SeaCoast Gas Transmission affiliate TECO Peoples Gas (PGS) plan to jointly develop a pipeline to bring additional natural gas capacity to the Jacksonville area of northeastern Florida, the companies said Wednesday.
Florida Lawmakers Move to Ban Unconventional Drilling
Florida lawmakers have advanced a pair of bills designed to prohibit hydraulic fracturing, which is used in unconventional drilling.
House Democrats Introduce Bills to Curtail Offshore Oil, Gas Development
Despite impossible odds of passing the GOP-controlled Senate, House lawmakers on their third day of control Tuesday introduced seven bills designed to block the Trump administration’s plans to expand offshore oil and gas drilling.
Despite Divided Government, Oil and Gas Industry Optimistic After Midterms
Trade associations representing the oil and gas industry said that despite a return to divided government in Congress for the next two years, last week’s midterm elections both produced and retained candidates that the industry believes they can work with effectively.
Natural Gas, Oil Volumes Shut In as Florida Braces for Hurricane Michael
As Hurricane Michael continued on its collision course with the western Florida coast Tuesday, natural gas markets were left to weigh the impacts of Gulf of Mexico (GOM) production shut-ins against the potential demand destruction from storm-related power outages.
Florida Utilities Improve Readiness for Hurricane Season
Florida’s electric utilities are better prepared for the tropical storms and hurricanes that bear down on the state than they ever have been, according to an assessment by the Florida Public Service Commission (PSC).