Tag / Home

Subscribe

Home

Futures Sink to New Depths Following Bearish Storage Draw

Bulls hoping for a home run storage withdrawal for the week ended Jan. 9 were sorely disappointed Thursday morning as the Energy Information Administration (EIA) reported that only 94 Bcf was withdrawn despite chilly temperatures last week. February natural gas futures, which Wednesday broke below $5 for the first time since Sept. 2006, spiraled even lower following the 10:30 a.m. EST report’s release. The contract ended up closing at $4.843, down 12.7 cents from Wednesday’s finish.

January 16, 2009

Shale Gas, LNG, Power Generation Driving Storage Development

Amid the prolific output of gas shales, the lumpiness of liquefied natural gas (LNG) deliveries and the peakiness of gas-fired power generation demand lies the home of numerous high-deliverability gas storage projects coming on-line now and in the coming years. Storage developers in the Gulf Coast region are betting that their services will be in high demand as the market juggles the volatility of the emerging supply-demand landscape.

November 17, 2008

LNG, Power Generation, Environmentalism Build Case for Storage

Amid the prolific output of gas shales, the lumpiness of liquefied natural gas (LNG) deliveries and the peakiness of gas-fired power generation demand lies the home of numerous high-deliverability gas storage projects coming on-line now and in the coming years. Storage developers in the Gulf Coast region are betting that their services will be in high demand as the market juggles the volatility of the emerging supply-demand landscape.

November 14, 2008

‘Drill Bill’ Loses Again with Moratorium Repeal Off the Table

Desperate to produce some kind of energy legislation to take home to constituents during the August recess, Democrats in the U.S. House of Representatives made another run at passage of a retreaded “use it or lose it” bill to restrict leasing on public lands Thursday, and lost.

July 21, 2008

‘Drill Bill’ Loses Again as Democrats Block Moratorium Repeal

Desperate to produce some kind of energy legislation to take home to constituents during the August recess, Democrats in the U.S. House of Representatives made another run at passage of a retreaded “use it or lose it” bill to restrict leasing on public lands Thursday, and lost.

July 18, 2008

Pennsylvania PUC Ups National Fuel Explosion Settlement to $150,000

In the wake of an Aug. 21, 2004 gas explosion in Sandy Township, PA, that destroyed a home and left two residents dead, the Pennsylvania Public Utility Commission (PUC) Thursday modified a previous $80,000 settlement with National Fuel Gas Distribution Corp. (NFG), bumping it up to $150,000.

May 2, 2008

AccuWeather’s Bastardi Sees Winter Rivaling Warmth of 2001-2002

As the winter heating season gets closer, the AccuWeather.com long-range center continues to drive home the point that a very warm winter is on the way for much of the nation, especially east of the Rockies. If the forecast is confirmed, the natural gas and power markets could be in for lower prices as demand for both commodities lays off.

November 14, 2007

Pioneer Expands Texas Production Acreage Through Acquisitions

Looking to increase its natural gas and oil exploration and production operations in its home state, Dallas-based Pioneer Natural Resources Co. on Tuesday announced two separate Texas acquisitions in the Barnett Shale and Spraberry field totaling 118,000 gross acres for approximately $240 million.

November 7, 2007

Gas Shale: ‘Huge’ Potential for Pinedale Anticline, Vermillion Basin

The Pinedale Anticline in southwestern Wyoming, home to the prolific Jonah Field, covers only about 90 square miles on about 150,000 acres, but the natural gas output from the fairway’s tight sands has been nothing short of remarkable. Now testing is under way to determine whether gas shale development could make the Anticline and neighboring basins even more remarkable.

September 10, 2007

Gas Shale Could Offer Even More Possibilities in Pinedale Anticline

The Pinedale Anticline in southwestern Wyoming, home to the prolific Jonah Field, covers only about 90 square miles on about 150,000 acres, but the natural gas output from the fairway’s tight sands has been nothing short of remarkable. Producers now are conducting tests that could make output from the play even more remarkable — because of the unknown potential of the region’s gas shale.

September 7, 2007
1 4 5 6 7 8 11