With energy prices at historical — and in some cases record highs — relief could be on the way in a few years as the Bureau of Land Management (BLM) announced Wednesday that it will make land available for oil and natural gas leasing in the resource-rich northeast and northwest portions of the National Petroleum Reserve in Alaska (NPR-A).
Relief
Articles from Relief
Shippers Protest Columbia’s Plan for New Primary Delivery Points
A group of Columbia Transmission shippers has called on FERC to grant emergency relief on an expedited basis to prevent the pipeline from unilaterally modifying the primary delivery points under their contracts while a complaint proceeding is pending.
Shippers Protest Columbia’s Plan for New Primary Delivery Points
A group of Columbia Transmission shippers have called on FERC to grant emergency relief on an expedited basis to prevent the pipeline from unilaterally modifying the primary delivery points under their contracts while a complaint proceeding is pending.
Georgia PSC Cracks Down on Marketers’ Variable Rate Plans
Coming down hard on a few of the state’s natural gas marketers on allegations that they violated the Natural Gas Competition and Deregulation Act and the Natural Gas Consumers’ Relief Act, the Georgia Public Service Commission (PSC) has reached a settlement with Georgia Natural Gas (GNG), but will hold hearings this spring related to SCANA Energy after the marketer rejected the commission’s proposed settlement.
Georgia PSC Cracks Down on Marketers’ Variable Rate Plans
Coming down hard on a few of the state’s natural gas marketers on allegations that they violated the Natural Gas Competition and Deregulation Act and the Natural Gas Consumers’ Relief Act, the Georgia Public Service Commission (PSC) has reached a settlement with Georgia Natural Gas (GNG), but will hold hearings this spring related to SCANA Energy after the marketer rejected the commission’s proposed settlement, it said Thursday.
As Dean Punishes Mexico, Meteorologist Warns U.S. That Season Is Not Over
While U.S. energy interests in the Gulf of Mexico and on the coast sighed a collective breath of relief Tuesday, their counterparts in Mexico were not as lucky as Category 5 Hurricane Dean slammed the Yucatan Peninsula and threatened the country’s offshore energy infrastructure. Even though the U.S. dodged this bullet, some forecasters warned there were likely a number of other storms to come in the next few months.
No Hurricanes; But How About an Earthquake
Those searching the skies for storm-driven relief for falling natural gas prices should lower their sights and take into account the extensive earthquake damage to a major Japanese nuclear power plant recently. That’s just what FBR Research is doing in predicting Japan’s increased demand for LNG to fill its 8,200 MW power gap could cut into supplies for the U.S. market, leading to tightening the domestic natural gas market.
No Hurricanes; But How About an Earthquake
Those searching the skies for storm-driven relief for falling natural gas prices should lower their sights and take into account the extensive earthquake damage to a major Japanese nuclear power plant recently. That’s just what FBR Research is doing in predicting Japan’s increased demand for liquefied natural gas (LNG) to fill its 8,200 MW power gap could cut into supplies for the U.S. market, leading to tightening the domestic natural gas market.
Nonstop Growth for Gas-Eating Canadian Oil Sands Development
There is no relief in sight from gas demand growth in the Alberta oil sands that is eating into supplies available for export to the United States, according to a Canadian industrial gas consumer forecast.
Storage Brims Over At Multiple Fields But Prices Rise Sharply
The colder weather provided some much needed relief to a packed pipeline and storage system last week, but also sent spot prices soaring more than $2.50/MMBtu at the Henry Hub to the high $6.80s on Friday from about $4.30 a week earlier. During a Commission meeting last week, FERC staff said there has been no concrete evidence of large-scale production shut-ins due to the lack of storage space, but market observers had difficulty explaining how prices could climb so sharply with storage exceeding 100% full at a number of fields.