natural gas data

Joining a national opposition group and an anti-hydraulic fracturing (fracking) academic, nine state legislators made a last ditch stand Tuesday, writing Gov. Jerry Brown, urging him to impose a moratorium on the use of fracking.

California officials last Friday sounded the first early warnings of a severe drought gripping the state if unusually warm, dry weather conditions continue and threaten to curtail electric hydropower supplies next spring and summer.

Colorado’s air quality regulators were told Tuesday by the oil and natural gas industry that the state’s proposed rules aimed at curbing greenhouse gas (GHG) emissions could cost oil/gas operators more than $100 million to comply with the cost-per-ton of eliminated emissions being significantly higher than previously estimated by the state.

A Gulf Coast natural gas storage operator’s application to abandon capacity solely due to weak market conditions is contrary to the public interest, would set a dangerous precedent if granted, and is not supported by FERC policy, the Commission was told in a Tuesday filing.

U.S. natural gas production, which had seen an uncharacteristic stumble in September, recovered in October, with the shale-rich “Other States” category once again helping to push the national total higher, according to the Energy Information Administration’s (EIA) Monthly Natural Gas Gross Production Report.

Northeastern physical natural gas prices for gas to be delivered on Wednesday began their return to Earth’s orbit from Monday’s all-time highs as the record cold temperatures populating much of the country Tuesday were expected to subside.

California regulators start the new year with a focus on two areas: gas pipeline safety issues continuing since the San Bruno transmission line failure and explosion three years ago (see Daily GPI, Sept. 13, 2010), and how to deal with the closure of the San Onofre Nuclear Generating Station (SONGS) in Southern California (see Daily GPI, June 10, 2013).

U.S. energy financial chiefs are feeling more optimistic than they did a year ago about the domestic economy and what’s ahead for the oil and natural gas sector in 2014, BDO USA LLP reported Monday.

A district court judge in Pennsylvania has ruled that ExxonMobil Corp. subsidiary XTO Energy Inc. will face criminal charges, finding that there is enough evidence for a full trial in a closely watched case to prosecute the company for several felonies.