natural gas prices

The Marcellus Shale has been great, and Pennsylvanians don’t mind too much the associated pipeline development, but tight coordination of multiple projects is necessary, and better communication with communities would be appreciated, Pennsylvania Gov. Tom Corbett told FERC last week in comments on the Williams Transco Atlantic Sunrise pipeline project.

The anticipated impact of upstream regulatory reforms in Mexico has prompted the U.S. Energy Information Administration (EIA) to raise its outlook for the country’s oil production. Meanwhile, Petroleos Mexicanos (Pemex) said near-term production reports will show declines due to measurement changes intended to make reporting more accurate.

Physical gas for Tuesday delivery vaulted higher in Monday’s trading as weather forecasts turned more summer-like and heat and humidity was expected across major Eastern Seaboard locales. Gains were widespread and the national average was up 18 cents.

FERC staff issued a favorable environmental assessment (EA) for Texas Eastern Transmission LP’s Ohio Pipeline Energy Network (OPEN) project, which would carry Marcellus/Utica shale gas to Gulf Coast markets and other markets using interconnections with downstream pipelines.

U.S. steel pipe manufacturers on Friday won their cases before an international tribunal, which affirmed the alleged dumping of underpriced steel pipe by counterparts in six nations, led by South Korea.

With natural gas exploration and production continuing to ramp up in the Marcellus and Utica shales of the eastern United States, TransCanada Corp. has a new pipeline project on the table to capture more of those supplies for Canadian import to serve existing markets in Ontario and Quebec.

As it streamlines the Lower 48 operations before the business is a standalone, BP plc has put up for sale some of its legacy properties in the San Juan Basin, including interests in about 6,600 natural gas wells and stakes in a treatment plant in northwestern New Mexico.

Construction has begun on the Los Ramones Phase II South pipeline, a segment of the larger Ramones natural gas pipeline system, which runs from the Texas-Mexico border to central Mexico and is one of the country’s largest energy infrastructure projects ever, according to developers.

North America’s proppant sand market should see robust growth over the next three to five years, with aggregate consumption hitting 78 million tons per year (mtpy) by 2016, according to new research by Raymond James & Associates Inc.