Besides powering a manufacturing/petrochemical industry renaissance, North America’s abundant supply of shale gas is fueling a war of words over the merits of energy exports versus domestic usage.
Quoted
Articles from Quoted
Who Would’ve Thunk it: North Dakota No. 2 Oil Producer
Continuing its basement-to-the-penthouse rise in the energy sector, North Dakota’s latest oil/gas production statistics make the state that had no drilling rigs operating in 1999 now the second biggest oil producer in the nation, trailing only Texas.
North Dakota to Study Power Needs for Shale Gas Production
A study of the electricity needs in the oil/natural gas patch was funded Monday by the North Dakota Industrial Commission for upcoming work to be overseen by the state’s power transmission authority. Separately, the commission also authorized paying for another study of future natural gas growth in the state.
Pennsylvania Governor Would Rein in Municipals
Pennsylvania Gov. Tom Corbett is asking state lawmakers to hold firm on local zoning restrictions included in legislation to impose an impact fee on natural gas drillers.
Correction
The story “Wood Mackenzie: Gas Price Pain, Then Gain” (see NGI, Nov. 23) quoted an incorrect price forecast from a Credit Suisse presentation slide. For 2009 the firm has cut its U.S. gas price forecast to $3.97 from $4.01.
Correction
The story “For Gas Bulls, Bad News Comes First” (see Daily GPI, Nov. 23) quoted an incorrect price forecast from a Credit Suisse presentation slide. For 2009 the firm has cut its U.S. gas price forecast to $3.97 from $4.01.
U.S. LNG Imports: The Waiting Is the Hardest Part
U.S. liquefied natural gas (LNG) executives once frequently quoted the film Field of Dreams — “If you build it, they will come” — when talking up their regasification terminal plans. These days it would be more apt for them to take a page from Samuel Beckett’s famous play Waiting for Godot.
U.S. LNG Imports: The Waiting Is the Hardest Part
U.S. liquefied natural gas (LNG) executives once frequently quoted the film Field of Dreams — “If you build it, they will come” — when talking up their regasification terminal plans. These days it would be more apt for them to take a page from Samuel Beckett’s famous play Waiting for Godot.
Prices Plummet amid Receding Cold, Weak Screen, Mounting Storage Issues
A few dollar-plus plunges were recorded as prices took massive drops at virtually every point Friday (the thinly quoted Questar was a market aberration in falling less than a nickel). The cash market was beset on all sides by negative influences: warming trends eliminating much of the heating load that had developed earlier in the week; indications that the lack of storage options coupled with high linepack issues could be coming to a head; further prior-day futures weakness; and the drop of industrial load that is typical of a weekend.
E&P Programs Seeing the Money
The 2001 mantra of most North American exploration and production companies could be the oft-quoted line from the 1996 movie Jerry Maguire: “Show Me The Money!” Driven by the continued strong interest in North America and sustained high energy prices, both majors and independents have upped their capital spending budgets for the coming year. Most target domestic natural gas projects.