Push

Economic and environmental factors should push global natural gas demand to more than 4 trillion cubic meters (Tcm) a year (141 Tcf/year) by 2030, according to a three-year study by the International Gas Union (IGU) issued last week at the World Gas Conference in Buenos Aires, Argentina.

Economic and environmental factors should push global natural gas demand to more than 4 trillion cubic meters (Tcm) a year (141 Tcf/year) by 2030, according to a three-year study by the International Gas Union (IGU) that was issued this week at the World Gas Conference in Buenos Aires, Argentina.

Despite record levels of natural gas in underground storage caverns, cash market averages on Tuesday for Wednesday delivery continued to push higher with most points gaining 40 to 50 cents. However, the prior-day 26.9-cent November futures increase that supported Tuesday’s cash move will be missing Wednesday as the prompt-month contract dropped 10.7 cents on Tuesday to $4.880.

In California and elsewhere, the push toward carbon dioxide emission reductions means more battles between natural gas and coal over which should be the electric generation fuel to smooth increased reliance on more intermittent sources of renewable power such as wind and solar.

For California and elsewhere, the push toward carbon dioxide emission reductions means more battles between natural gas and coal over which should be the electric generation fuel to smooth increased reliance on more intermittent sources of renewable power: wind and solar.

Sen. Barbara Boxer’s (D-CA) decision to push back the introduction of climate change legislation until later this month, combined with the Senate’s intent to focus on health care legislation when its returns this week, is raising some doubts about the fate of a climate change bill this year.

Sen. Barbara Boxer’s (D-CA) decision to push back the introduction of climate change legislation until later this month, combined with the Senate’s intent to focus on health care legislation when its returns after Labor Day, is raising some doubts about the fate of a climate change bill this year.

A breakthrough borehole imaging system developed by Technology International Inc. may push the limits of “seismic-while-drilling” technology to enable producers to more easily find natural gas and oil reserves, the Department of Energy (DOE) said Wednesday.

With a little extra push from the previous day’s prompt-month futures decline of 6.9 cents, the cash market finally acknowledged Wednesday that based on generally subpar cooling load in many areas, its moderate strength in the first two days of the week had largely been defying the law of price gravity.