Lags

U.S. Gulf of Mexico (GOM) production data from the Minerals Management Service lags Texas and Louisiana’s state data by 15 months, but even though it appears that offshore natural gas production is on the upswing, it’s still too early to say, according to a new report by Stephen Smith Energy Associates.

U.S. Gulf of Mexico (GOM) production data from the Minerals Management Service lags Texas and Louisiana’s state data by 15 months, but even though it appears that offshore natural gas production is on the upswing, it’s still too early to say, according to a new report by Stephen Smith Energy Associates.

California’s energy infrastructure has sufficient upgrades to stave off any repeat of the 2000-2001 crisis through the next two to three years, but failure of federal and state regulatory policy to keep pace casts a lot of uncertainty over the structural advances, according to state energy official and a gas utility executive who spoke to an energy industry conference in San Francisco Friday.

In the new economy, while energy-intensive industrial businesslags, the growing information technology (IT) and telecom sectors”should account for an increasingly large piece of the total energypie,” according to an industry analysis report released by J.P.Morgan. And some will profit more than others, the financial giantsaid, in naming seven natural gas-based companies the winners inthe new market.