Exporting liquefied domestic natural gas to world markets would generate a net benefit to the U.S. economy, and the more liquefied natural gas (LNG) that’s exported, the greater the benefit, according to a macroeconomic analysis of the impact of LNG exports commissioned by the U.S. Department of Energy (DOE) and released for public comment Wednesday.
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Chesapeake’s Latest Deal Secures Needed Funding
Chesapeake Energy Corp., one of the biggest deal makers in the U.S. energy patch, has secured more funding for its onshore exploration and production program after it agreed to sell its natural gas pipeline gathering system in the Marcellus Shale to an affiliate for $865 million, analysts said.
Bentek: Intrastate Pipe Data to Give Market ‘Missing Puzzle Piece’
The FERC order (Order 720) requiring many intrastate pipelines, storage operators, local distribution companies and utilities to post natural gas flow and capacity data at the most significant parts within their systems is due to be implemented Oct. 1. This addition of intrastate information to existing market data will provide an “unprecedented and crucial level of visibility into natural gas market supply and demand dynamics across North America,” according to analysts at Evergreen, CO-based Bentek Energy, an energy market analytics firm.
Gas Storage Situation Called a ‘Train Wreck’
Heading into the Labor Day weekend with a full tank of gasoline might give holiday-makers a reason to smile, but natural gas bulls staring at the end of summer with storage caverns brimming more than usual have little to cheer.
Bulls to Labor Under Storage Burden Through Summer’s End, Say Analysts
Heading into the Labor Day weekend with a full tank of gasoline might give holiday-makers a reason to smile, but natural gas bulls staring at the end of summer with storage caverns brimming more than usual have little to cheer.
House-Passed Bill Strips Producers of Tax Breaks, Royalty Incentives
The House Thursday passed by a wide margin energy legislation (HR 6) that is a major blow to traditional oil and natural gas producers, but a significant boon to makers of renewable and alternative energy fuels. A key Senate energy panel, meanwhile, took its first look at problems with the royalty-collection practices in the Gulf of Mexico.
Dow Executive Incredulous Over Natural Gas Policy Errors
Policy makers and regulators are providing natural gas consumers with life boats and life jackets, but then they quickly add, “‘By the way, this ship is going down,” said an executive with Dow Chemical Monday.
Trilateral Report Calls on North America’s Policy Makers to Tackle Natgas Issues
Because North America’s appetite for natural gas shows no signs of letting up anytime soon, policy makers need to take swift steps to deal with pipeline capacity constraints, liquefied natural gas (LNG) siting problems, production bottlenecks and gas storage concerns, says a new trilateral report by senior energy officials from the United States, Canada and Mexico.
Trilateral Report Calls on North America’s Policy Makers to Tackle Gas Issues
Because North America’s appetite for natural gas shows no signs of letting up anytime soon, policy makers need to take swift steps to deal with pipeline capacity constraints, liquefied natural gas (LNG) siting problems, production bottlenecks and gas storage concerns, says a new trilateral report by senior energy officials from the United States, Canada and Mexico.
Report Sees 30 Tcf Gas Market by 2020 if Favorable Policies Enacted
Natural gas supply and demand will exceed 30 Tcf by 2020 if policy makers swiftly enact measures that are favorable to liquefied natural gas (LNG) imports, construction of an Alaskan gas pipeline and open up U.S. lands that currently are off limits to producers, according to a new report released by the American Gas Foundation (AGF) Monday.