henry hub

Canada LNG Exports Could Settle for Oregon Terminals

The first Canadian liquefied natural gas (LNG) exports may have to settle for boarding tankers at a new port on the U.S. West Coast, a champion of British Columbia (BC) projects conceded last week.

September 23, 2013

ERC OKs Waivers for Apache GOM Sale

FERC last week approved a joint request for temporary waivers of some agency regulations to facilitate the $3.75 billion sale of Apache Corp.’s Gulf of Mexico (GOM) assets to Fieldwood Energy LLC.

September 23, 2013

EPA GHG Rules for New Power Plants Speed Decline of Coal

The Environmental Protection Agency (EPA) on Friday issued long-awaitedproposed rulesfor greenhouse gas (GHG) emissions for new power plants, leaving gas-fired plants mostly unaffected but making construction of new coal-fired plants problematic.

September 23, 2013

Gains Of A Nickel To A Dime Common In Weekly Cash Trading

For the week ending Sept. 20 physical gas prices nationally averaged a 7-cent gain to $3.67. A handful of eastern points fell into the loss column but for the most part gains of a nickel to a dime at individual points were common. The Northeast was the only region posting a loss, down 3 cents to $3.39 and East Texas was the biggest winner adding 10 cents to average $3.69.

September 23, 2013

Manufacturers Criticize DOE LNG Process

A manufacturers’ trade association has filed out of time to comment and intervene in the next U.S. Department of Energy (DOE) liquefied natural gas (LNG) export license case, arguing that recent export approvals show a need for “more particularized and informative standards” in evaluating applications.

September 23, 2013

Binz’s FERC Nomination in Trouble

Sen. Joe Manchin (D-WV) said Thursday he would join Republicans in voting against former Colorado regulator Ron Binz for FERC chairman, which would sink his nomination if the rest of the votes in the Senate Energy and Natural Resources Committee split along party lines.

September 23, 2013

Statoil Economist: Plenty of Outlets for North America Gas

North America should find plenty of outlets for its copious natural gas reserves, but some questions need to be clarified soon, such as whether to allow manufacturers to dictate how much supply remains onshore, or whether the free market fuels an export revolution, according to Statoil ASA’s chief economist.

September 23, 2013

Enviro Group Blasts Eagle Ford Oversight

A report by environmental group Earthworks on the Eagle Ford Shale alleges “reckless endangerment” by regulator Texas Commission on Environmental Quality (TCEQ); however, TCEQ has fired back that Earthworks is being reckless with the facts of its monitoring and enforcement of drilling, hydraulic fracturing (fracking) and production in the region.

September 23, 2013

In Time for Winter, FERC Updates Gas-Electric Coordination Efforts

A FERC quarterly update of various regional efforts to coordinate natural gas and electric markets shows that the New England and Northeast generation markets will continue to be the most gas-dependent during the upcoming heating season.

September 23, 2013

Marcellus Farm-out Partner Nearly Secured, Says Dominion

Dominion Resources Inc. is well into the process to secure a partner to farm-out about 100,000 prospective liquids-rich acres in West Virginia, offering a can’t-lose proposition for both sides, a spokesman said last week.

September 23, 2013