Last year saw an increase in domestic gas production of 4.3 Bcf/d, or 7.5%, over 2010, marking the largest year-over-year production jump in the last 25 years, according to Bentek Energy LLC.
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Bakken Shale: Oil Play with Big Potential, Report Says
It is becoming impossible to ignore the Bakken Shale in North Dakota as an oil play that may be at the center of a domestic upswing in U.S. production, according to a report released Wednesday by the Washington, DC-based Energy Policy Research Foundation Inc. (EPRINC).
GasMart 2010: Throw Out Forecasts, Says ConocoPhillips Exec
Trying to figure out where the North American natural gas markets are headed over the next decade — or even the next five years — is a nearly impossible task, a panel of executives said last week at GasMart 2010 in Chicago.
Throw Out Forecasts, ConocoPhillips Exec Tells GasMart Audience
Trying to figure out where the North American natural gas markets are headed over the next decade — or even the next five years — is a nearly impossible task, a panel of executives said Tuesday at GasMart 2010 in Chicago.
Sempra CFO Sees Baja LNG Terminal Impacting Price, Competition
It may be nearly impossible for a second West Coast liquefied natural gas (LNG) terminal to pencil out economically compared to expansion of the 1 Bcf/d Costa Azul facility Sempra Energy plans to open along the Pacific Coast of North Baja California in the first quarter of next year, Sempra’s CFO Mark Snell told the Lehman Brothers CEO Energy/Power Conference last Thursday in New York City.
Second Western LNG Site Faces Economic Hurdles, Sempra CFO Says
It may be nearly impossible for a second West Coast liquefied natural gas (LNG) terminal to pencil out economically compared to expansion of the 1 Bcf Costa Azul facility Sempra Energy plans to open along the Pacific Coast of North Baja California in the first quarter of next year, Sempra’s CFO Mark Snell told the Lehman Brothers CEO Energy/Power Conference Thursday in New York City.
RI Bill May Throw Another Monkey-Wrench in Plans for Weaver’s Cove Terminal
A House committee of the Rhode Island Legislature voted out a bill Wednesday that “essentially would make it impossible” for tankers laden with liquefied natural gas (LNG) to navigate the Narragansett Bay and Sakonnet River on their way to the proposed Weaver’s Cove LNG import terminal in Fall River, MA, a spokeswoman for the bill’s sponsor said.
Weekend Prices Fall on Lack of Weather, Softer Futures
Cash traders found it impossible to ignore that there wasvirtually no weather-related load left for the weekend, andprobably felt that Wednesday’s and Thursday’s price reactions tostorage news and to a super-surge in energy futures related toMiddle East violence had been at least a little overhyped. Thusthey sent prices lower by double digits Friday at virtually everypoint.
Industry Opposition to Auctions Nearly Unanimous
It’s nearly impossible to get the various gas industry sectorsto agree on anything, but some already are putting out signals they might band together to send FERC the clear and unmistakablemessage they don’t like its capacity-auction proposal.
FERC Rejects Trailblazer Settlement Contested by Amoco
Amoco’s objections and its standing as a major customer ofTrailblazer Pipeline have made it impossible for the Federal EnergyRegulatory Commission to approve a settlement on new rates, FERCsaid in dumping the dilemma back in the lap of an administrativelaw judge.