Forum

It’s a shale world and it’s only getting bigger, according to Ziff Energy Group’s natural gas consulting manager.

The Gas Exporting Countries Forum (GECF), including representatives of most of the world’s largest natural gas-exporting countries, agreed last Monday to work to shore up natural gas spot prices by indexing them to oil, attempting to return them to the historical oil-gas ratio of 8-10 to one from the current 20-1.

The Gas Exporting Countries Forum (GECF), including representatives of most of the world’s largest natural gas-exporting countries, agreed Monday to work to shore up natural gas spot prices by indexing them to oil, attempting to return them to the historical oil-gas ratio of 8-10 to one from the current 20-1.

The Gas Exporting Countries Forum (GECF), including representatives of most of the world’s largest natural gas-exporting countries, agreed Monday to work to shore up natural gas spot prices by indexing them to oil, attempting to return them to the historical oil-gas ratio of 8-10 to one from the current 20-1.

In a forum stressing renewables at the Western Governors’ Association (WGA) annual meeting last Monday in Park City, UT, U.S. Department of Energy (DOE) Secretary Steven Chu said the view of natural gas in the energy mix is becoming more bullish for the next 10 years, given the breakthrough in obtaining economic supplies from shale. North American power generators are rethinking the role of gas over the next decade, Chu told the governors group, which issued a new policy resolution on renewable development in the West.

In a forum stressing renewables at the Western Governors’ Association (WGA) annual meeting Monday in Park City, UT, U.S. Department of Energy (DOE) Secretary Steven Chu said the view of natural gas in the energy mix is becoming more bullish for the next 10 years, given the breakthrough in obtaining economic supplies from shale. North American power generators are rethinking gas’s role over the next decade, Chu told the governors group, which issued a new policy resolution on renewable development in the West.

The LDC Forum Rockies & West conference, which concluded last Wednesday in Irvine, CA, offered a regional glimpse of the post-global credit crunch energy sector. Panel discussions and keynote talks were as significant for what was not emphasized as for what was.

The LDC Forum Rockies & West conference, which concluded Wednesday in Irvine, CA, offered a regional glimpse of the post-global credit crunch energy sector. Panel discussions and keynote talks were as significant for what was not emphasized as for what was.

In an effort to develop a public forum to examine emerging issues related to the energy markets and the Commodity Futures Trading Commission’s (CFTC) role in these markets under the Commodity Exchange Act, the CFTC said it has put together a 25-person Energy Markets Advisory Committee (EMAC) from people within the oil, natural gas and power industry, with CFTC Acting Chairman Walter L. Lukken as the committee chairman.