Injection

September Natural Gas Prices Hit $4.20 Ahead of Potentially Lowest Injection of Season

September Natural Gas Prices Hit $4.20 Ahead of Potentially Lowest Injection of Season

After two solid days in the black, natural gas futures prices reached new heights on Wednesday as production continued to decline, and hot weather remained firmly in next week’s forecast. The September Nymex gas futures contract hit a $4.205 intraday high before settling at $4.158, up 13.1 cents from Tuesday’s close. At A Glance: Next…

August 4, 2021
June Natural Gas Futures Rally Ahead of Expiry; Cash Prices Claw Out Gain

June Natural Gas Futures Rally Ahead of Expiry; Cash Prices Claw Out Gain

Natural gas futures on Wednesday built on the gains of a day earlier as a favorable shift in the weather-demand outlook offset expectations for a triple-digit storage injection with the federal government’s pending inventory report Thursday.  The June Nymex contract gained 7.1 cents day/day and rolled off the board after settling at $2.984/MMBtu on Wednesday.…

May 26, 2021

California’s UIC Well Exemptions Challenged in Federal Court

The U.S. Environmental Protection Agency (EPA) has been sued by the Center for Biological Diversity (CBD) regarding exemptions for some of California’s wastewater injection wells.

November 26, 2019
EIA’s Reported Injection Sharply Undercuts Consensus; Natural Gas Futures Rally

EIA’s Reported Injection Sharply Undercuts Consensus; Natural Gas Futures Rally

The Energy Information Administration (EIA) on Thursday reported a surprisingly lean 34 Bcf weekly injection into U.S. natural gas stocks, lending renewed vigor to a futures market that had shown signs of faltering.

November 7, 2019

Anti-Fracking Amendment Defeated in Youngstown, OH

Despite a dozen small earthquakes in 2011 blamed on wastewater disposal wells, voters in the City of Youngstown, OH, stood firm on Tuesday and defeated, by a 57-43% margin, an amendment to the city’s charter that would have banned hydraulic fracturing (fracking).

May 9, 2013

D&L Energy CEO Faces Charge Over Ohio Dumping

Authorities have charged D&L Energy Inc. CEO Ben Lupo with one count of violating the federal Clean Water Act (CWA) after allegedly ordering an employee to dump oilfield waste into a storm drain that empties into the Mahoning River near Youngstown, OH.

February 19, 2013

Flood of Marcellus Wastewater Overwhelming Disposal Capacity

Despite producing less wastewater per unit of natural gas produced compared with conventional wells, the enormity of the Marcellus Shale’s growth has increased total wastewater generated in the region by about 570% since 2004, “overwhelming current wastewater disposal infrastructure capacity,” according to a study by researchers at Duke and Kent State universities.

January 24, 2013

Transportation Notes

Southern California Gas reported regaining 340 MMcf/d of withdrawal capacity and 125 MMcf/d of injection capacity at its Goleta storage facility Wednesday following completion of two planned high-inventory shut-in outages.

November 11, 2011

Technicians See Limited Downside Risk; November Gains Ground

November natural gas rose Thursday after a government report showed a smaller injection into gas storage than what analysts were expecting. The 10:30 a.m. EDT report by the Energy Information Administration showed a build of 103 Bcf, about 5 Bcf less than what was anticipated. At the close November had added 4.4 cents to $3.630 and December gained 2.1 cents to $3.834. November crude oil fell 81 cents to $85.30/bbl.

October 21, 2011

Transportation Notes

CIG canceled Wednesday a Strained Operating Condition (SOC) that had been declared Sept. 23 due to high storage inventory levels at that point in the injection season. See the bulletin board for service changes that went into effect upon the ending of the SOC.

October 20, 2011
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