Money

Despite the big players and big money pouring into the Utica and Point Pleasant Shales of Ohio over the past 90 days, don’t expect the play to boom next year, a diverse panel told attendees at Hart Energy’s 2011 DUG (Developing Unconventional Gas) East conference in Pittsburgh last Thursday.

Calling for more focus and money centered on natural gas pipeline safety, consumer organizations urged California regulators Wednesday to abandon their previous approval of a $1 billion switch to an advanced metering system at Sempra Energy’s Southern California Gas Co. (SoCalGas).

While it continues to push forward with its plan to export liquefied U.S. shale gas to global markets, Cheniere Energy Partners LP continues to lose money.

While it continues to push forward with its plan to export liquefied U.S. shale gas to global markets, Cheniere Energy Partners LP continues to lose money.

U.S. shale natural gas production today is half the size of the global liquefied natural gas (LNG) business, which doesn’t bode well for those with designs on imports but is a positive for proposed export facilities, the Houston-based chief of Gazprom Marketing & Trading USA (GM&T) said Monday.

Many consumers have less money than they did a year ago, but they are happier about paying their natural gas utility bills, according to the new J.D. Power and Associates 2011 Gas Utility Residential Customer Satisfaction Study.

Many consumers have less money than they did a year ago, but they are happier about paying their natural gas utility bills, according to the new J.D. Power and Associates 2011 Gas Utility Residential Customer Satisfaction Study.

Natural gas production in West Virginia is continuing on an upward swing dating back to 2003, thanks in part to development in the Marcellus Shale, a report released this month by the Department of Environmental Protection (DEP) said.

Seeds from the North American shale gas revolution have been carried around the globe and planted, and it’s only a matter of time before many countries have their own where natural gas is concerned, longtime energy industry executive Chuck Watson told a Houston audience Thursday.