Technology and good old “American ingenuity” that have driven the shale gas boom are also prompting responses to a supply glut that make storage and eventual liquefied natural gas (LNG) exports more important than ever, according to Bryan Durkin, COO at CME Group, who addressed the opening session of the LDC Gas Forums mid-continent meeting in Chicago Monday.
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Marcellus Shale Price Drops Stand Out Among August Bidweek Gains
August natural gas bidweek prices saw stout gains across the board except for a handful of Marcellus Shale trading points as NGI’s National Spot Gas Average came in 28 cents higher than the previous month at $3.00/MMBtu, according to Natural Gas Intelligence (NGI), which has unveiled a number of new market pricing locations with its latest monthly price survey.
August 3, 2012
Report Identifies, Compares Top Gas Producers and Traders
BP plc was the only one of the top five U.S. producers of natural gas that also showed up among the top five gas marketers in 2010, according to an analysis by Natural Gas Intelligence (NGI) of federal filings that showed a 6% gain in trading in 2010 over 2009.
July 14, 2011
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