The unfolding story of Lower 48 shale gas supply and the buildout of the nation’s natural gas pipeline grid have done a lot to beat down gas prices and minimize volatility. So much so that one academic suggests in a new paper that some utilities and their regulators are out of step with the latest in price-risk hedging strategies.
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Proposed Pipeline Would Carry Shale Oil to Gulf Coast
A proposed pipeline to carry crude oil currently stranded at Cushing, OK, to higher-priced markets in Houston would also serve crude production from established and emerging shale plays in the Midcontinent, the project’s backers said.
Partners Building Eagle Ford Crude Infrastructure
NuStar Logistics LP and TexStar Midstream Services LP plan to develop a pipeline to carry Eagle Ford Shale crude oil and condensate to Corpus Christi, TX, the partners said Tuesday. They are the latest to announce projects targeting crude oil production from the South Texas play, where development activity has been brisk.
Apache to Double CNG Fleet, Offer Employee Incentives
Apache Corp. said Friday it expects to have a compressed natural gas (CNG) refueling station in service in two to three months to serve a fleet of 30 buses that carry passengers to and from Houston’s Bush Intercontinental Airport.
Pennsylvania Halts Chesapeake Well Pad Construction
The Pennsylvania Department of Environmental Protection (DEP) has ordered Chesapeake Energy to stop work on a natural gas drilling well pad in rural Potter County for failing to implement required erosion and sediment controls, DEP said Wednesday.
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Sen. Lisa Murkowski (R-AK), who waged a successful campaign last fall to serve another term in the Senate, has been confirmed as the ranking member of the Senate Energy and Resources Committee by the panel’s Republican members. The selection was ratified by the full Senate Republican Caucus at a luncheon Tuesday.
Pine Prairie Gas Futures Contracts ‘New Direction’ For CME
In an effort to better serve its customers, CME Group is introducing three natural gas futures contracts physically delivered at Pine Prairie Energy Center (PPEC) in Evangeline Parish, LA, which is owned by PAA Natural Gas Storage LP.
CME Heads in ‘New Direction’ with Pine Prairie Gas Futures Contracts
In an effort to better serve its customers, CME Group is introducing three new natural gas futures contracts physically delivered at Pine Prairie Energy Center (PPEC) in Evangeline Parish, LA, which is owned by PAA Natural Gas Storage LP.
API, Pennsylvania Producers Join in Marcellus Education Effort
The American Petroleum Institute (API) has allied with the Pennsylvania Independent Oil and Gas Association (PIOGA) in a partnership to serve as a forum for information about the Marcellus Shale.
API, Pennsylvania Producers Join in Marcellus Education Effort
The American Petroleum Institute (API) has allied with the Pennsylvania Independent Oil and Gas Association (PIOGA) in a partnership to serve as a forum for information about the Marcellus Shale.