Regional

The natural gas industry has to mount a “relentless campaign” that demonstrates to the stakeholders that “gas is good, gas is good, gas is good,” American Gas Association Chairman Robert C. Skaggs Jr. said last week.

Eight out of nine major national and regional hydraulic fracturing (hydrofracking) service providers have agreed to submit “timely and complete information” to help the Environmental Protection Agency (EPA) conduct its study on hydrofracking and its impact on drinking water quality, the EPA said Tuesday. Halliburton, after failing to comply with the agency’s voluntary requests for information, has been subpoenaed.

A five-week air quality study found no air contaminant emission levels indicating problems for residents living near Marcellus Shale natural gas operations in southwestern Pennsylvania’s Greene and Washington counties, the state’s Department of Environmental Protection (DEP) said Monday.

The Environmental Protection Agency (EPA) has sent letters to nine major national and regional hydraulic fracturing (hydrofracing) service providers to assess the impact of the natural gas production practice on drinking water quality and public health.

The Environmental Protection Agency (EPA) has sent letters to nine major national and regional hydraulic fracturing (hydrofracing) service providers to assess the impact of the natural gas production practice on drinking water quality and public health.

ConocoPhillips last week said it was consolidating its regional trading arm into a global business based in London to increase its presence in physical natural gas and oil marketing. The London office will monitor U.S. and Asian markets, while the supply trading would be carried out in Houston, where the company is headquartered.

ConocoPhillips is said to be consolidating its regional trading arm into a global business to be based in London to increase its presence in physical natural gas and oil marketing. According to press reports, the London office would monitor U.S. and Asian markets, while the supply trading would be carried out in Houston, where the company is headquartered.

Prices continued to spike in the Northeast Wednesday, with a few other regional citygates joining Transco Zone 6-New York in jumps of about a dollar or more and Texas Eastern M-3 skyrocketing by more than $2. However, this week’s bullishness showed signs of stalling, with Gulf Coast numbers generally only a few cents both up and down from flat and markets in the Midcontinent/Midwest and West mostly on the moderately softer side.

The cash market saw approximately evenly mixed movement Monday, with prices largely taking their cues from regional forecasts of either colder weather Tuesday or continued moderate conditions. It also responded to the conflicting influences of the previous Friday’s 14.3-cent loss by April futures and industrial load returning from its usual weekend decline.