Without dramatic intervention North Dakota’s natural gas flaring — already costing about $100 million/month — is going to get worse even if the percentage of total production flared goes down, as state and industry officials predict, according to a report released Monday by Boston-based social responsibility nonprofit organization Ceres.
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Prices Meander Despite Unconventional Rig Count Drop
The number of rigs targeting oil and natural gas in U.S. tight sands and shale plays saw a significant drop during the week ending May 20, while oil and gas prices hovered in their recent comfort zones, according to NGI’s Shale Daily Unconventional Rig Count.
Prices Meander Despite Unconventional Rig Count Drop
The number of rigs targeting oil and natural gas in U.S. tight sands and shale plays saw a significant drop during the week ending May 20, while oil and gas prices hovered in their recent comfort zones, according to NGI’s Shale Daily Unconventional Rig Count.
Energy Analysts Put Kibosh on Higher Gas Prices in 2009
Remember January 2008 (see NGI, Jan. 9, 2008) when U.S. natural gas prices hovered at around $7-8/Mcf and the biggest threats to prices were the weather and rising liquefied natural gas imports? Memories can be fleeting. Now several energy analysts predict that prices will have a tough time rising above the $5-6 level — for the entire year.
Analyst: Extreme Summer Could Lead to $18-20/MMBtu Gas
As crude futures climbed north of $144/bbl for the first time ever and natural gas futures hovered around the $13.50/MMBtu area last week, Stephen Smith, of Stephen Smith Energy Associates, said fundamental factors within the market this summer could push natural gas prices as high as $18-20/MMBtu.
Analyst: Extreme Summer Could Lead to $18-20/MMBtu Gas
As crude futures climbed north of $143/bbl for the first time ever and natural gas futures hovered just below the $13.50/MMBtu area on Monday, Stephen Smith, of Stephen Smith Energy Associates, said fundamental factors within the market this summer could push natural gas prices as high as $18-20/MMBtu.
What to Do When $5 Is the New $2 and $10 Is the New $3
For the longest time it seemed that natural gas prices hovered around $2-3 with a spike here and there. Now the range is $5-10. Oh, how times have changed. Speakers at GasMart 2007 in Chicago last week remembered the old days, briefly, while they advised attendees on how to deal with the new era of prices.
What to Do When $5 Is the New $2 and $10 Is the New $3
For the longest time it seemed that natural gas prices hovered around $2-3 with a spike here and there. Now the range is $5-10. Oh, how times have changed. Speakers at GasMart 2007 in Chicago Thursday remembered the old days, briefly, while they advised attendees on how to deal with the new era of prices.