Barbara Mariner-Volpe of EIA’s Office of Energy Statistics is heading up the project to report Marcellus gas and other states separately, Cogan said. One of the options being considered would add individual reports on 14 states to the current five Lower 48 states and the GOM, said Barbara Mariner-Volpe of EIA’s Office of Energy Statistics.
Articles from Heading
Americans are divided on whether the United States is heading in the right direction with regard to domestic energy policy, but a plurality of those responding to a recent poll said it is government that should be leading the way.
Archie W. Dunham, 73, the former chairman of ConocoPhillips, was tapped Thursday as Chesapeake Energy Corp.’s independent nonexecutive chairman. Dunham, who also was CEO of predecessor Conoco Inc., has had “no previous relationship” with the company, the board said.
The physical and futures markets elected to part company Thursday with a majority of the cash market firming and futures heading south. While most cash points upticked by less than a dime for a second straight day, more than a handful of Northeast averages once again dropped by between 20 cents to nearly a half dollar.
Cash prices across the board were mainly weak Wednesday for Thursday delivery, but a large weather system heading south out of Canada was able to lift quotes on Midcontinent pipelines as the system was forecast to head east. Rockies quotes followed Tuesday’s futures swan dive, and eastern traders unloaded gas as they digested near-term weather forecasts.
Assuming the can handle any antitrust issues that might come up, Kinder Morgan Inc. (KMI) and El Paso Corp. are heading toward a deal that would create a midstream and pipeline behemoth with thousands of miles of pipelines touching supply basins all over North America.
Prices fell further at a large majority of locations Friday as it appeared that a tropical storm heading toward Texas would spare most offshore production and heat forecasts weren’t strong enough to avert market softness. Even the lack of a weekend industrial load loss in Friday’s trading was unable to support pricing.
Characterizing the rapid rise of shale gas as a surprise to the entire industry, Sempra Energy’s top executive heading its liquefied natural gas (LNG) operations cautioned that the industry’s current game-changer needs to be viewed from both global and historical perspectives. Darcel Hulse, Sempra LNG CEO, told NGI that the whole shale gas story still needs to play out.