With the momentum behind Monday’s rebound now fully dissipated, October natural gas futures on Wednesday returned to the recent business of scouting lower values. The prompt-month contract reached a low of $3.708 before closing the regular session at $3.762, down 5.4 cents from Tuesday.
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Report: Marcellus Potential on Par With Iran/Qatar Gas Field
“Fully developed, the Marcellus Shale has the potential to be the second largest natural gas field in the world,” after the South Pars/Asalouyeh field in Iran and Qatar, according to a report, “The Economic Impacts of the Pennsylvania Marcellus Shale Natural Gas Play: An Update,” released last Tuesday by three professors of the Pennsylvania State University College of Earth and Mineral Sciences.
Report Finds Marcellus Potential on Par With Iran/Qatar Gas Field
“Fully developed, the Marcellus Shale has the potential to be the second largest natural gas field in the world,” after the South Pars/Asalouyeh field in Iran and Qatar, according to a report, “The Economic Impacts of the Pennsylvania Marcellus Shale Natural Gas Play: An Update,” released Tuesday by three professors of the Pennsylvania State University College of Earth and Mineral Sciences.
Europe’s Largest LNG Regas Facility Is Finished
South Hook in South West Wales — Europe’s largest liquefied natural gas (LNG) receiving terminal — is fully commissioned with the completion of its second phase, South Hook LNG Terminal Co. LTC said Tuesday.
Europe’s Largest LNG Regas Facility Is Finished
South Hook in South West Wales — Europe’s largest liquefied natural gas (LNG) receiving terminal — is fully commissioned with the completion of its second phase, South Hook LNG Terminal Co. LTC said Tuesday.
Southern Star Looks to Expand Midcontinent Storage Capacity
Owensboro, KY-based Southern Star Central Gas Pipeline. Inc. said Friday that due to the fully subscribed status of its existing firm storage service it is seeking to expand the capacity of its Elk City storage field near Independence, KS.
FERC OKs Kern River’s 2010 Expansion
Kern River Gas Transmission’s fully subscribed 2010 Expansion of capacity from Lincoln County, WY, to Kern County, CA, was certificated by FERC Thursday, despite the protest of a real estate developer that claims higher pipeline operating pressures will scare buyers away from its master-planned community west of the Las Vegas Valley.
Kern River 2010 Expansion Gets Certificate
Kern River Gas Transmission’s fully subscribed 2010 Expansion of capacity from Lincoln County, WY, to Kern County, CA, was certificated by FERC last Thursday, despite the protest of a real estate developer that claims higher pipeline operating pressures will scare buyers away from its master-planned community west of the Las Vegas Valley.
Wellinghoff: Market Will Decide Future of Coal, Nukes
FERC Chairman Jon Wellinghoff attempted to smooth the waters surrounding his recent prediction of an upgraded electric grid, bolstered by fully integrated renewables but with few, if any, new coal or nuclear generators, in Washington, DC, last week.
Wellinghoff’s Renewables Prediction Challenged by Lawmakers
FERC Chairman Jon Wellinghoff’s recent prediction of an upgraded power grid, bolstered by fully integrated renewables but with few, if any, new coal or nuclear generators — and a major role for natural gas — continues to be challenged, this time by Reps. Joe Barton (R-TX) and Greg Walden (R-OR).