Total combined natural gas purchase and sales volumes were 123,868 TBtu (Bcf) in 2012, a 0.7% decline compared with 124,752 TBtu in 2011, according to an analysis by NGI’s Shale Daily of 2012 Form 552 buyer and seller filings with FERC.
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A district court judge has reconsidered her decision last month to pass a key surface rights case on to the highest court in West Virginia, the Supreme Court of Appeals.
A Harris Interactive poll found that most registered voters in Ohio are opposed to higher severance taxes on oil and natural gas, believing such increases would destroy job creation and harm the economy.
A Harris Interactive poll found that 60% of North Carolina voters support the use of hydraulic fracturing (fracking) in their state, and 74% support the Tar Heel State moving forward with offshore oil and natural gas exploration and production.
A Quinnipiac University poll released Tuesday showed that for the first time, Republican voters in New York State have an unfavorable opinion of Gov. Andrew Cuomo, a Democrat who took office two years ago and who is at the forefront of the debate over hydraulic fracturing (fracking).
Opposition to hydraulic fracturing (fracking) in New York State has grown slightly, according to a Siena College Research Institute poll released Monday.
Western Gas Partners LP is expanding its business in the Marcellus Shale after agreeing to pay $620 million-plus for stakes in two natural gas liquids (NGL) gathering systems in Pennsylvania that have combined throughput of more than 1.2 Bcf/d.
With few exceptions, all points scored at least double-digit gains Monday with some points putting in dollar-plus moves as cold weather sliced into the West over the weekend and was forecast to march eastward. On average gains were 28 cents overall, with the volatile Northeast points scoring the most gains. At the close February natural gas futures had added 4.6 cents to $3.373 and March was higher by 4.2 cents to $3.378. February crude oil gained 58 cents to $94.14/bbl.
Physical natural gas prices averaged about a penny lower for weekend and Monday deliveries, with dollar-plus losses at eastern and Northeast pipes offsetting widespread gains at Gulf, Midcontinent and California points.
Physical natural gas prices continued their broad retrenchment Thursday with New England and Mid-Atlantic locations continuing their dollar-plus declines. Pipeline delivery points servicing New York and Boston were particularly hard hit, and on average the market fell about a quarter. Take away the Northeast and the overall average drops to a 12-cent decline. February futures fell 3.5 cents to $3.198, and March shed 4.1 cents to $3.214. February crude oil lost 20 cents to $92.92/bbl.