The U.S. Energy Information Administration (EIA) is proposing changes to its Monthly Crude Oil and Lease Condensate, and Natural Gas Production Report, including publishing separate estimates for Alabama, Federal Offshore Pacific, Michigan, Mississippi and Virginia. Data from those states/area would no longer be included in the “Other States” category, EIA said in a notice published on Oct. 2 in the Federal Register. EIA would publish data for a total of 21 states/areas and “Other States,” which would include 14 states. EIA is seeking public comment on the proposed changes through Nov. 1. Comments should be sent to DOE Desk Officer, Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Bldg., Room 10102, 735 17th St. NW, Washington, DC, 20503, or by e-mail to Chad_S_Whiteman@omb.eop.gov.
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October natural gas is expected to open 9 cents higher Monday morning as weather forecasts call for significant warmth over key Midwest markets. Overnight oil markets fell.
Frank Ferazzi has been appointed senior vice president of the Williams’ Atlantic-Gulf operations with the retirement of Rory Miller. Ferazzi, a 36-year veteran of Williams, has been vice president and general manager in the Atlantic-Gulf area since 2012, which includes oversight of Transcontinental Gas Pipe Line, Transco.
New natural gas export capabilities and growing domestic consumption will help Henry Hub natural gas spot prices increase from an average of $3.16/MMBtu this year to $3.41/MMBtu in 2018, according to the Energy Information Administration’s (EIA) latestShort-Term Energy Outlook (STEO).
Mexico produced 5.334 Bcf/d of natural gas in April, state oil and natural gas company Petroleos Mexicanos (Pemex) reported, a drop of 9.9% from the 5.921 Bcf/d recorded a year ago.
June natural gas is set to open 5 cents higher Monday morning at $3.31 as traders digest a variable weather forecast and consider short hedges. Overnight oil markets rose.
June natural gas is set to open 2 cents higher Wednesday morning at $3.25 as traders study weather forecasts calling for concerted summer heat as well as Thursday’s anticipated lean inventory report. Overnight oil markets rose.
Natural gas transportation and storage — both liquefied natural gas (LNG) and underground — are on track for further expansion in Oregon for later this year, according to NW Natural CEO David Anderson.
Canadian governments and industry are reviving the oldest fuel — wood — for a natural gas substitute billed as contributing to commitments to make the country a moral leader in arresting global climate change.