A glut of light oil supplies from tight oil fields into the Midwest has depressed regional prices, making it imperative for Canada’s oilsands producers to find alternative markets for their product, consultancy IHS CERA said in a Jan. 14 report.
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Shale Plays Make Gas ‘Cost-Effective’ for Electricity Generation
The nation’s natural gas resources, which have grown with the expanded potential of shale plays — including as much as 20 years supply from the Marcellus Shale — can be used to cost-effectively generate electricity, and any environmental burdens will come primarily from combustion when the fuel is used, not when it is extracted, according to a report from the Department of Energy (DOE).
IHS CERAWeek: Colorado, Ohio Govs. Claim States’ Rights Over Shale Regs
The two state chief executives agreed that environmental safeguards are imperative from both the public’s and the industry’s perspective. They offered their views during a keynote panel discussion moderated by the huge annual energy confab’s founder Daniel Yergin, the well-known global energy author/expert.
Report: Shallow-Water Permit Slowdown Hitting Gulf Economy
It is “imperative” that the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEM) quickly resume issuing permits for shallow-water drilling, according to researchers at the Maguire Energy Institute at Southern Methodist University’s (SMU) Cox School of Business, who found that the slowdown in approving shallow-water operations “has very serious economic implications for the [Gulf Coast] region that rival or exceed those of the spill and moratorium” that preceded it.
Report: Shallow-Water Permit Slowdown Hitting Gulf Economy
It is “imperative” that the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) quickly resume issuing permits for shallow-water drilling, according to researchers at the Maguire Energy Institute at Southern Methodist University’s (SMU) Cox School of Business, who found that the slowdown in approving shallow-water operations “has very serious economic implications for the [Gulf Coast] region that rival or exceed those of the spill and moratorium” that preceded it.
Former BPA Administrator: Gas Reliance Will Raise Power Prices
The prospect of a new presidential administration and Congress passing a greenhouse gas (GHG) emissions law next year make it imperative that Northwest utilities sign new 20-year contracts with the federal Bonneville Power Administration (BPA) in order to lock in prices, said a former BPA chief administrator.
Former BPA Administrator: Gas Reliance Will Raise Power Prices
The prospect of a new presidential administration and Congress passing a greenhouse gas (GHG) emissions law next year make it imperative that Northwest utilities sign new 20-year contracts with the federal Bonneville Power Administration (BPA) in order to lock in prices, said a former BPA chief administrator.
Energy Execs Prepare for Inevitable CO2 Regulation
Energy efficiency is no longer the “polite” thing to do but rather is “starting to become a cultural imperative” the COO of Pace Global Energy Services said last week.
Energy Efficiency Now ‘Cultural Imperative,’ Says Pace Global Exec
Energy efficiency is no longer the “polite” thing to do but rather is “starting to become a cultural imperative,” the COO of Pace Global Energy Services said Tuesday.
Transportation Notes
Reporting high linepack in all four segments, Kern River said Sunday it was imperative that operators take delivery of scheduled quantities and not bank any gas on the system. It also encouraged customers to schedule due-shipper delivery paybacks.