Paints

A study commissioned by the state of Alaska paints a picture of rising costs in North American shale gas plays and higher gas prices in the years ahead that lend support to the case for a gas pipeline from the state’s North Slope to serve Lower 48 markets.

A study commissioned by the state of Alaska paints a picture of rising costs in North American shale gas plays and higher gas prices in the years ahead that lend support to the case for a gas pipeline from the state’s North Slope to serve Lower 48 markets.

The United States “has probably peaked in gas supply,” Matthew R. Simmons of Houston-based Simmons & Co. International warned industry and government representatives last week.

The United States “has probably peaked in gas supply,” Matthew R. Simmons of Houston-based Simmons & Co. International warned industry and government representatives Monday.

A report by internal investigators paints former Enron Corp. Chairman Kenneth L. Lay as an absent executive who seemed to be always just returning from business trips, had precious little first-hand knowledge of the financial details of the energy trading company that he oversaw, and accepted at face-value the judgments and decisions of his right-hand men.