henry hub

The coordination of natural gas and electricity markets is a regional effort that can’t be accomplished by just one side or the other, and it remains unclear who will pay for necessary infrastructure across the region, according to Don Santa, president of the Interstate Natural Gas Association of America (INGAA).

The shale gas revolution and and planned liquefied natural gas (LNG) exports to foreign nations have elevated the United States’ position on the global energy stage, said European and Asian energy representatives last Thursday. They urged U.S. House lawmakers to seize the new energy tool for diplomatic purposes and to aid allies.

Investors poured into onshore operator Antero Resources Inc. in its debut last week on the New York Stock Exchange, ending the week above $53.00/share, nearly $10 higher than the opening bid of $44.00 on Thursday. The “AR” stock is the second highest U.S. offering this year.

Annova LNG LLC has filed with the U.S. Department of Energy (DOE) for authorization to export domestically produced liquefied natural gas (LNG) to customers that are too small to buy from larger liquefaction and export projects.

Range Resources Corp. said it is complying with a court order to obtain and provide information for all of the chemicals used at a Marcellus Shale drilling and impoundment site in Washington County, PA, but it took issue with media reports suggesting that the company doesn’t know what chemicals are used in hydraulic fracturing (fracking) operations.

The western United States may on the brink of an upsurge in natural gas demand outstripping supply, which would require new infrastructure, a panel of experts said last week at the LDC Gas Forum Rockies & West in Los Angeles.

The Marcellus Shale and other shale plays may continue to lead the U.S. natural gas renaissance in the near term, but the Rockies are primed for a resurgence later in this decade, a WPX Energy Inc. executive said last week.

Separate deals in Florida, Texas and Nebraska announced last week could begin to expand the highway for natural gas vehicles (NGV).

While there are risks inherent in finding the yellow brick road to global energy growth, U.S. natural gas demand is likely to take off between now and 2020, a Goldman Sachs economist told an industry audience last week at the LDC Gas Forum Rockies & West meeting in Los Angeles.