Keeping

With persistently low prices and a production glut, U.S. natural gas markets are in flux. Keeping track of the ups and downs in production data, as rigs move to more oily plays, which in turn affects output and pipeline capacity, can be a challenge for market forecasters.

Canada’s environment minister indicated that the federal government in Ottawa was keeping a close eye on hydraulic fracturing (fracking) and was prepared to intervene if it thought either the provincial or territorial governments weren’t doing enough to safely regulate the procedure.

Natural gas transmission companies have been keeping FERC busy with project paperwork as the industry segment tries to adjust to a marketplace being altered by shale gas.

Natural gas transmission companies have been keeping FERC busy with project paperwork, as the industry segment tries to adjust to a marketplace being altered by shale gas.

Natural gas transmission companies have been keeping FERC busy with project paperwork, as the industry segment tries to adjust to a marketplace being altered by shale gas.

The United States had record natural gas consumption of 24.13 Tcf in 2010, the highest since the Energy Information Administration (EIA) started keeping records in 1973, according to trade data released by the EIA in its March energy review.

April natural gas futures retreated Monday, but only after registering another eight-week high and keeping the bullish case intact. New high or not, short-term traders are suspicious and sense that a rise above $4.50 will be met with stiff selling. At the end of the day April futures had fallen 2.9 cents to $4.374 and May shed 4.2 cents to $4.448. May crude oil dropped $1.42 to $103.98/bbl.

The influx of natural gas in the Northeast brought on by ramped-up Marcellus Shale development is keeping the New York State Public Service Commission (PSC) busy, as evidenced by two new authorizations for gas transportation projects.

The influx of natural gas in the Northeast brought on by ramped-up Marcellus Shale development is keeping the New York State Public Service Commission (PSC) busy, as evidenced by two new authorizations for gas transportation projects.