With the backdrop of high and growing reliance on natural gas for power generation driven by the continuing shale gas expansion and resulting low prices, a conference room filled with gas industry representatives Tuesday discussed ways to better coordinate regional and national gas and power grids during a daylong FERC conference in Portland, OR.
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Kasich Tax Proposal Finds Support in Ohio Poll
New taxes on companies drilling for natural gas and oil in Ohio have the support of a majority of the state’s voters — especially if the resulting revenue would be spent to cut income taxes for residents — according to the results of a recent Quinnipiac University poll.
Poll Finds Ohio Voters Support Higher Taxes on Drillers
New taxes on companies drilling for natural gas and oil in Ohio have the support of a majority of the state’s voters — especially if the resulting revenue would be spent to cut income taxes for residents — according to the results of a recent Quinnipiac University poll.
Texas, Western Points Pace Advance; Futures Gain On Production Stats
Physical prices Monday were up a nickel on average as West Coast traders reported power shortfalls resulting from a delayed restart of nuclear generating capacity, and warm temperatures in Texas added to loads. Government figures reported a modest decline in natural gas production and futures romped higher. At the close of trading June had increased 9.9 cents to $2.285 on stout volume, and July gained 9.5 cents to $2.394. June crude oil eased 6 cents to $104.87/bbl.
Shales Give U.S. Economy Wings, Say Execs
The energy industry — thanks to advances in drilling and production techniques resulting in growing natural gas and oil supplies — can lift the U.S. economy out of its doldrums, but only if government regulation and permitting requirements don’t get in the way, speakers at a recent industry conference in Houston said.
Moody’s: E&P Small Fry Getting Bump from Shales
Focusing on oil and natural gas liquids (NGL) has paid off for small exploration and production (E&P) companies, according to Moody’s Investors Service, as they are expected to gain from rapid production and reserve growth.
Shales Give the U.S. Economy Wings, Executives Say
The energy industry — thanks to advances in drilling and production techniques resulting in growing natural gas and oil supplies — can lift the U.S. economy out of its doldrums, but only if government regulation and permitting requirements don’t get in the way, speakers at a recent industry conference in Houston said.
API Study: EPA New Source Standard Could Cripple Drilling
Natural gas and oil drilling could be slowed by the U.S. Environmental Protection Agency’s (EPA) proposed New Source Performance Standards, resulting in less production and royalties, according to a study funded by the American Petroleum Institute (API) that was released Friday.
Kinder Mulls REX Backhauls, LNG Exports
Kinder Morgan Inc. (KMI) pipelines have virtually no exposure to low natural gas prices, but they are subject to shifting continental gas flows, particularly those resulting from developing shale gas supply basins.
Kinder Mulling Rockies Express Backhauls, LNG Exports
Kinder Morgan Inc. (KMI) pipelines have virtually no exposure to low natural gas prices, but they are subject to shifting continental gas flows, particularly those resulting from developing shale gas supply basins.