Host

Connecticut Gov. Dannel Malloy’s energy plan, which calls for the construction of 900 miles of natural gas mains and a host of financial and regulatory changes to make gas available to as many as 300,000 homes and businesses, would cost the state’s natural gas local distribution companies (LDC) $2.26 billion, according to the state’s Public Utilities Regulatory Authority (PURA).

Connecticut Gov. Dannel Malloy’s energy plan, which calls for the construction of 900 miles of natural gas mains and a host of financial and regulatory changes to make gas available to as many as 300,000 homes and businesses, would cost the state’s natural gas local distribution companies (LDC) $2.26 billion, according to the state’s Public Utilities Regulatory Authority (PURA).

The Utica Shale may be “the best treasure of American energy,” Chesapeake Energy Corp. CEO Aubrey McClendon said Thursday.

The Utica Shale may be “the best treasure of American energy,” Chesapeake Energy Corp. CEO Aubrey McClendon said Thursday.

The Pennsylvania Department of Environmental Protection (DEP) is preparing to host several half-day seminars across the state this fall to educate parties on applying for $20 million in grants toward the purchase of natural gas vehicles (NGV) or the conversion of eligible vehicles to natural gas.

Neil Parsan, the Ambassador of the Republic of Trinidad and Tobago, will host the inaugural meeting of the Global Gas Council in Washington, DC, Oct. 24-25. The purpose of the council is to create a dialog among the leading economies and companies that produce and consume natural gas, Parsan said. The agenda includes a reception at the Embassy of Trinidad and Tobago on the evening of Oct. 24 and a meeting at the Organization of American States 10 a.m. – 4 p.m. Oct. 25, followed by a joint reception with the Americas-Africa Business Forum that evening. More than 30 of the largest gas producing and consuming nations have been invited to participate. While attendance is by invitation only, “there are opportunities for industry to participate,” according to Parsan. For more information contact Adanna Taylor at the Embassy by e-mail at ATaylor@ttembwash.com.

As Pennsylvania prepares to put in place a unique mega-law (HB 1950) to regulate and tax its blockbuster baby, the Marcellus Shale, nobody thinks it’s perfect, but most are prepared to live with it and work to improve it.

November natural gas inched lower Friday as buying momentum from Thursday faded and traders continued to focus on a market burdened by a host of negative supply-demand factors. They suggested that prices could work nearly 40 cents lower from present levels. At the close November had drifted 0.1 cent lower to $3.629 and December had fallen 0.8 cent to $3.826. December crude oil gained $1.33 to $87.40/bbl.

Technology advances have driven the shale boom and the industry’s ability to analyze markets, but it isn’t any easier to answer the question of how long abundant supplies and low prices will characterize the natural gas industry. That was one of conclusions from three experts on a panel at the LDC Forum: Rockies & West conference on Tuesday in Los Angeles.