In its reluctance to share its natural gas resources with the world, the United States is operating in a scarcity mode, which is at odds with today’s abundance, Alaska’s Sen. Lisa Murkowski said Tuesday.
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Analyst Says Ohio Figures Misleading, Predicts Surge in Gas, NGLs
Although investors were disappointed by the Utica Shale production figures released last week by the Ohio Department of Natural Resources (ODNR), a surge in production should be at hand in the play as infrastructure comes online, according to an analysis from RBN Energy LLC.
Enterprise NatGas Pipelines Report Record Quarter
Enterprise Products Partners LP’s midstream system handled more natural gas liquids (NGL), natural gas and crude oil during the second quarter, setting records for gas processing, gas pipeline and NGL fractionation volumes and helping to lift gross operating margin to 12% above the year-ago quarter, CEO Michael Creel said Wednesday.
Enterprise NatGas Pipelines Report Record Quarter
Enterprise Products Partners LP’s midstream system handled more natural gas liquids (NGL), natural gas and crude oil during the second quarter, setting records for gas processing, gas pipeline and NGL fractionation volumes and helping to lift gross operating margin to 12% above the year-ago quarter, CEO Michael Creel said Wednesday.
Enterprise’s Teague: Ethane Bears Are Talking Their Book
With ethane prices down more than 30% in January alone, consumers and analysts on the consuming end of the ethane pipeline might be tempted to say the market is moving toward saturation. Not so, said Enterprise Products Partners COO Jim Teague; the bears are “talking their book.
Haynesville Drilling Doubles Louisiana’s Production
Drilling in the Haynesville Shale helped Louisiana more than double its natural gas production in April from two years ago, and production in the Lower 48 states increased 10.6% (6.66 Bcf/d) to 69.05 Bcf/d during the same time period, according to the Energy Information Administration’s (EIA) monthly natural gas report.
API Backs State Regulation of Shale Gas, Hastings Bills
American Petroleum Institute (API) CEO Jack Gerard said regulation of the nation’s shale gas plays would best be handled by state government and cautioned against involvement by the U.S. Environmental Protection Agency.
Nymex: ClearPort Handled 7.1 Tcf of Gas, 25.7 Million MWh of Power in First Year
The significant need for risk management tools in the energy market because of credit concerns and the loss of so many energy merchants and proprietary trading platforms has led to the apparent success of the New York Mercantile Exchange’s ClearPort trading and clearing system. In its first year of operation, the system has cleared three million off-exchange energy futures contracts, Nymex said on Thursday.
Nymex: ClearPort Handled 7.1 Tcf of Gas, 25.7 Million MWh of Power in First Year
The significant need for risk management tools in the energy market because of credit concerns and the loss of so many energy merchants and proprietary trading platforms has led to the apparent success of the New York Mercantile Exchange’s ClearPort trading and clearing system. In its first year of operation, the system has cleared three million off-exchange energy futures contracts, Nymex said on Thursday.
Study Questions Utilities Competitive Ability
Many utilities are unprepared to handled the challenge ofcompetitive markets because their internal organizations have beenneglected, says a recent report.