Natural Gas Futures, Cash Prices Post Steep Losses as National Demand Proves Elusive

Natural Gas Futures, Cash Prices Post Steep Losses as National Demand Proves Elusive

Natural gas futures failed to sustain momentum Tuesday as fresh signs of benign weather and weak demand overshadowed a drop in production. Following a 67.1-cent gain to start the week, the December Nymex gas futures contract on Tuesday settled at $5.714/MMBtu, down 64.1 cents day/day. January fell 52.7 cents to $6.080. NGI’s Spot Gas National…

November 2, 2022

Massachusetts Orders National Grid to Halt Nonessential Work Following Natural Gas Incident

Massachusetts regulators on Monday ordered National Grid plc to halt all nonessential work in the state after excess natural gas was “inadvertently” introduced into pipelines, raising concerns of a repeat of last month’s Merrimack Valley explosions.

October 9, 2018

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Rep. Rob Bishop (R-UT), chairman of the House Natural Resources Committee, reportedly plans to introduce legislation to redesignate two national monuments in his state — including one in an area that has seen some oil and gas drilling — and hinted that an additional statute to modify the Antiquities Act of 1906 could be forthcoming.

September 27, 2017

Trump Executive Orders Prompt Review of 27 National Monuments

The Department of Interior (DOI) said it will review 27 national monument designations in order to comply with two executive orders (EO) signed last month by President Trump, and will seek public comments over the designations — a first in the department’s history.

May 8, 2017

Brief — Northern Access

National Fuel Gas Co. (NFG) subsidiaries have have asked a federal court to review the New York State Department of Environmental Conservation’s (DEC) decision to deny the Northern Access expansion project a water quality certification and other permits. NFG filed a petition for review in the U.S. Court of Appeals for the Second Circuit on Friday. DEC rejected the project’s permits earlier this month, saying construction would negatively impact the environment. The 490,000 Dth/d Northern Access project would expand the Empire and National Fuel systems to move natural gas from wells in northwest Pennsylvania to markets in New York, Canada, the Northeast and the Midwest.

April 24, 2017

NEB Chairman: Regulator Needs to Change For New Era

The Canadian government is being pressed by its own National Energy Board (NEB) to heal political sore spots that have slowed the regulatory process to a crawl through barrages of environmental, community and native protests.

February 10, 2017

NETL Awards Six Unconventional Shale Research Projects More Funding

Six projects underway at four national laboratories, which are delving into processes used to extract oil and natural gas from unconventional shale reservoirs, have received more funding by federal officials.

December 5, 2016
Forest Service ‘Concerned’ About Erosion From Atlantic Coast, Mountain Valley Pipelines

Forest Service ‘Concerned’ About Erosion From Atlantic Coast, Mountain Valley Pipelines

The U.S. Forest Service (USFS) said it “is concerned” that two proposed Appalachia-to-Southeast natural gas pipelines would traverse steep slopes subject to erosion, and it has asked its backers to submit additional information as it considers issuing special use permits for the projects.

October 27, 2016

Canadian Government, Provinces Mulling Price For Carbon

The price of carbon emissions across Canada should start at a minimum C$10 (US$7.60) per ton in 2018 and climb to C$50 (US$38) as of 2022, the federal government recommended Monday.

October 4, 2016

NFG Continues Scaling Back, Will Drop Marcellus Rig, Delay Northern Access Pipeline

National Fuel Gas Co. continued to curtail natural gas production in its fiscal year (FY) 1Q2016, saying during its earnings call on Friday that it would scale back further by dropping a rig in the Marcellus Shale and delay its Northern Access pipeline expansion project until next year.

February 5, 2016
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