The U.S. Supreme Court on Monday issued a unanimous order reinstating the use of a permit employed to fast-track oil and gas pipeline construction, but the ruling specified that it did not apply to the U.S. leg of the hotly contested Keystone XL crude oil pipeline that is at the center of the debate. The…
Lower 48
Articles from Lower 48
Despite Headwinds, Summer Heat Props Up Weekly Natural Gas Prices
Newly intensified coronavirus outbreaks threatened energy demand, but rising summer temperatures across much of the Lower 48 boosted cash prices for the June 22-26 period. NGI’s Weekly Spot Gas National Avg. for the June 22-26 period climbed 9.5 cents to $1.520. Stronger summer conditions took hold during the week – following a relatively mild stretch…
June 26, 2020
NGI The Weekly Gas Market Report
Noble Energy Expects Rising Summer Natural Gas Demand in Eastern Med, but Shut-ins, DUCs in Lower 48
Super independent Noble Energy Inc., whose vast U.S. portfolio extends across Texas and Colorado, plans to move cautiously through the year in the Lower 48 by shutting in wells and clawing back activity, while it works to build natural gas infrastructure overseas.
May 8, 2020
E&P Capital Discipline Pressuring Lower 48 Oil, Gas Permitting
The capital discipline instilled by many exploration and production (E&P) companies has put the squeeze on permitting in the Lower 48, with a “more opaque outlook” expected in the near term, according to Evercore ISI.
May 15, 2019
EIA Says U.S. Natural Gas Storage Capacity Increases 1% in 2017
Underground natural gas storage capacity in the Lower 48 grew by less than 1% year/year to November 2017, with most of the new capacity coming from expansions made to facilities in the East storage region, according to the U.S. Energy Information Administration (EIA).
April 5, 2018
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