Likely

The 2013 Atlantic Hurricane season is likely to be another active one, but conditions have Weather Services International trimming its forecast, just a bit, to 16 named storms, including nine hurricanes, four of them major (Category 3 or higher), from the previous forecast of 19 named storms, including nine hurricanes, five of them major (see Daily GPI, April 9).

Legal holdups of oil and natural gas leases on federal lands are less likely following a federal district judge’s ruling on a five-year-old Montana case that effectively blocked an environmental steamroller, according to officials at the Denver-based Western Energy Alliance (WEA), which has represented oil and gas industry interests against environmental challenges throughout the West.

The Environmental Protection Agency’s (EPA) report on the potential impacts of hydraulic fracturing (fracking) on drinking water resources will likely be finalized in 2016, the agency said Wednesday.

The U.S. natural gas markets likely face demand growth of more than 14 Bcf/d between now and 2020, and while there appears to a surplus of gas still in the ground, demand may be capped by operators’ ability to deliver supply, Barclays Capital analysts said Monday.

Barring extreme weather this summer, natural gas prices aren’t likely to vary too much from their current trading range, said FERC staffer Eric Primosch of the Commission’s Office of Enforcement (OE).

Barring extreme weather this summer, natural gas prices aren’t likely to vary too much from their current trading range, said FERC staffer Eric Primosch of the Commission’s Office of Enforcement (OE).

Following three straight years of production declines after the Macondo well blowout, this year likely will be the first for growth in the Gulf of Mexico (GOM) since 2009, but it certainly won’t be the last, according to Raymond James & Associates Inc.

Following three straight years of production declines after the Macondo well blowout, this year likely will be the first for growth in the Gulf of Mexico (GOM) since 2009, but it certainly won’t be the last, said Raymond James & Associates Inc.

The Asia-Pacific market for natural gas, and in particular, liquefied natural gas (LNG), is likely to stay robust for the long-term, two Singapore-based energy attorneys said last week. A shift also is seen in moving from conventional to more unconventional gas resources.