Positive

North America’s natural gas prices, now at their lowest level in 10 years, may not be helping explorers but positive impacts are being felt across a variety of industries inside and outside the energy sector, according to an analysis by Moody’s Investors Service.

Southern California Gas declared a high-linepack OFO for Saturday, setting a 10% tolerance for positive daily imbalances on deliveries into its system.

Southern California Gas set a positive imbalance tolerance of 10% in issuing a high-linepack OFO for Saturday.

The permitting delays in the Gulf of Mexico (GOM) haven’t been a positive for most producers but for Apache Corp., they’ve actually been a benefit, CEO G. Steven Farris said last week.

The permitting delays in the Gulf of Mexico (GOM) haven’t been a positive for most producers but for Apache Corp., they’ve actually been a benefit, CEO G. Steven Farris said Thursday.

Energy experts predict that natural gas will surpass coal and become the second most widely used fossil fuel on Earth by 2030, but said challenges remain for the industry to make that a reality.

Anticipating limited operational flexibility to manage positive imbalances in downstream Zones 4, 5 and 6 due to possible impacts of Hurricane Irene, Tennessee issued an Imbalance Warning to become effective Saturday in those zones. All delivery point operators are required to keep actual daily takes out of the system equal to or greater than scheduled quantities regardless of their cumulative imbalance position, while all zone receipt point operators must keep actual daily receipts into the system equal to or less than scheduled quantities regardless of their cumulative imbalance position.

Southern California Gas issued a high-linepack OFO for Saturday with a 10% tolerance for positive daily imbalances.

Pacific Gas and Electric issued a systemwide Stage 1 high/low-inventory OFO for Friday, setting penalties of 25 cents/Dth for either negative or positive imbalances exceeding a 10% tolerance.