Natural gas-hungry Japan is knocking on Alaska’s door, but the world’s third-largest economy won’t wait forever for liquefied North Slope gas — or pay dearly for it. The message to state lawmakers and the energy industry: hurry up with cost-competitive supply — or you’ll add even more years to the decades-long effort to commercialize those long-stymied gas reserves.
Knocking
Articles from Knocking
Alaska LNG Prospects: Not All Bad, Not All Good
Natural gas-hungry Japan is knocking on Alaska’s door, but the world’s third-largest economy won’t wait forever for liquefied North Slope gas — or pay dearly for it. The message to state lawmakers and the energy industry: hurry up with cost-competitive supply — or you’ll add even more years to the decades-long effort to commercialize those long-stymied gas reserves.
North Dakota in Freeze as Production Declines
A deep freeze named Brutus hammered North Dakota with a pre-winter force in November, knocking down oil and gas production from all-time record levels the previous month, according to the latest statistics from the state Department of Mineral Resources (DMR).
Wary Energy Industry Prepares for Second Obama Administration
By a narrow margin, voters Tuesday elected President Obama to a second term in office, but with Congress still split — a majority Republican House and a majority Democratic Senate — the passage of significant legislation relating to the energy industry or anything else remains problematic.
California Firms Feuding Over Proposed Compression Fuel Services
Traditional allies find themselves knocking heads at the California Public Utilities Commission (CPUC) over a proposal by Sempra Energy’s Southern California Gas Co. (SoCalGas) utility to establish a special compression tariff and services for natural gas vehicle (NGV) fueling stations. Seal Beach, CA-based Clean Energy Fuels Corp. is alleging that the SoCalGas plan is anti-competitive.
Fourth Time’s a Charm for $5 Resistance Breakthrough
After knocking on the psychological resistance door three times earlier this month, natural gas bulls finally reached $5 and settled above it on Monday as the July contract recorded a $5.013 high before closing out the regular session at $5.006, up 22.5 cents from Friday’s finish.
Transportation Notes
Westcoast notified shippers Wednesday that a force majeureoccurrence knocking out all processing capacity at its Pine RiverPlant had been resolved and processing was back to normal. Theplant experienced a total PLC (programmable logic controller)failure Monday afternoon, but the problem was fixed Tuesdayevening, Westcoast said.