Probably

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

It probably will be another two weeks before the Committee of Chief Risk Officers (CCRO) releases its standards for energy price submission by companies and price indexing by publications, a CCRO spokesman said on Thursday.

Most of the gas to be developed from northern Canada and Alaska probably will be routed to Chicago because “it’s about the only place that you can make a rational investment and expect a stable return,” according to a TransCanada PipeLines executive.

Most of the gas to be developed from northern Canada and Alaska probably will be routed to Chicago because “it’s about the only place that you can make a rational investment and expect a stable return,” according to a TransCanada PipeLines executive.

Security concerns since Sept. 11 probably will prevent the construction of any new onshore liquefied natural gas (LNG) import terminals on U.S. soil, Clark Smith, president of El Paso Merchant Energy Global Power, told analysts at Lehman Brothers 2002 CEO Energy/Power Conference in New York City last Tuesday. Smith said rather than focusing on new terminals onshore, El Paso is turning its attention to offshore ship-based gasification facilities at which LNG cargoes can be unloaded and transferred to the U.S. gas pipeline grid.

Security concerns since Sept. 11 probably will prevent the construction of any new onshore liquefied natural gas (LNG) import terminals on U.S. soil, Clark Smith, president of El Paso Merchant Energy Global Power, told analysts at Lehman Brothers 2002 CEO Energy/Power Conference on Tuesday. Smith said rather than focusing on new terminals onshore, El Paso is turning its attention to offshore ship-based gasification facilities at which LNG cargoes can be unloaded and transferred to the U.S. gas pipeline grid.

It will probably take four to five years of working through the current crisis environment in the energy markets, setting up regional transmission organizations (RTOs) and installing a standard electricity market design before FERC can ratchet down the current levels of regulatory oversight over the industry, FERC Commissioner Linda Breathitt said last Thursday.

You probably don’t need a pocket calculator to determine that the market isn’t exactly ready right now for imported liquefied natural gas (LNG). But according to a new study by PIRA Energy Group, prices should average more than $3/MMBtu at the Henry Hub through 2015, creating an solid market over the long-term in the United States for a worldwide LNG supply that is expected to more than double over the next decade.

You probably don’t need a pocket calculator to determine that the market isn’t exactly ready right now for imported liquefied natural gas (LNG). But according to a new study by PIRA Energy Group, prices should average more than $3/MMBtu at the Henry Hub through 2015, creating an solid market over the long-term in the United States for a worldwide LNG supply that is expected to more than double over the next decade.