With logistics for moving hydraulic fracturing (fracking) equipment snarled by mostly foul weather through May, North Dakota is facing a growing backlog of unfracked wells, according to Lynn Helms, the state’s director of the Department of Mineral Resources (DMR).
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Forecasts for NGV NatGas Demand Mixed
The U.S. Energy Information Administration (EIA) is predicting that natural gas use in transportation will grow 100% by 2017, but Barclays Capital analysts who broke down some of the metrics have concluded that natural gas vehicles (NGV) would have to swell 12-fold to meet those projections.
NGVs Analyzed for Stirring NatGas Demand
With 35 states having created various levels of incentives for using natural gas in transportation and the Energy Information Administration (EIA) predicting gas use in transportation will grow 100% by 2017, the latest Barclays analysis of U.S. gas broke down some of the metrics and concluded that natural gas vehicles (NGV) on the road will have to swell 12-fold between 2011 and 2017 to meet the EIA prediction.
More Natural Gas Forecasts Running with the Bulls
Raymond James & Associates Inc. analysts joined their peers at Tudor, Pickering, Holt & Co. Inc. (TPH) and Morgan Stanley in predicting higher natural gas prices for this year.
Shale Natural Gas Prices at Bottom, Say E&Ps
Most exploration and production (E&P) executives believe shale natural gas prices have bottomed out, with 87% predicting that prices will stay the same or increase over the next two years, according to a survey of 357 North American executives.
Shale Gas Prices At Bottom, Say E&P Execs
Most exploration and production (E&P) executives believe shale natural gas prices have bottomed out, with 87% predicting that prices will stay the same or increase over the next two years, according to a survey of 357 North American executives.
Raymond James Raises 4Q, 2013 Natural Gas Price Forecast
Raymond James & Associates Inc. last week raised its 4Q2012 natural gas price assumptions by 75 cents and lifted the 2013 forecast by 50 cents, predicting 1Q2013 price “spikes to near $5.00/Mcf.”
U.S. Natural Gas Prices May Spike to ‘Near $5’ in Early 2013
Raymond James & Associates Inc. on Monday raised its 4Q2012 natural gas price assumptions by 75 cents and lifted the 2013 forecast by 50 cents, predicting 1Q2013 price “spikes to near $5.00/Mcf.”
Raymond James Raises 4Q, 2013 Natural Gas Price Forecast
Raymond James & Associates Inc. on Monday raised its 4Q2012 natural gas price assumptions by 75 cents and lifted the 2013 forecast by 50 cents, predicting 1Q2013 price “spikes to near $5.00/Mcf.”
Clock Ticking on Edison Nuke, EMG Holdings
The impossibility of predicting future natural gas and coal prices adds to the dilemma, but Rosemead, CA-based Edison International’s two-edged conundrum involving an idled California nuclear plant and money-losing merchant coal-fired generation assets in Illinois and Pennsylvania remains unresolved as time constraints worsen the potential financial fallout.