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In its latest Short Term Energy Outlook (STEO), the Energy Information Administration (EIA) nudged down is Henry Hub natural gas price forecast for this year and next and predicted that coal-fired power plants will retain their recent gains over gas-fueled facilities. The gas production outlook held steady with last month’s STEO.

Production in the Marcellus Shale over the past few years “has been nothing short of epic,” and it is straining infrastructure to the point that the Appalachian region is in need of larger interstate connections, said Genscape Inc. senior natural gas analyst Andy Krebs.

Arkansas’ gross revenue from natural gas severance taxes so far this year is trending higher than during 2011, which turned out to be a record year for gas severance tax revenue in the Natural State.

Interior Deputy Secretary David Hayes, who many speculated was on the short list to succeed former Interior Secretary Ken Salazar, has said that he expects to leave the department at the end of June. After serving more than four years in the Obama administration, he plans to serve as senior fellow at the Hewlett Foundation and teach at Stanford Law School in the fall. “I am grateful for his wisdom and guidance to me throughout this transition, and I wish him the best as he heads out to California for this next chapter,” said newly appointed Interior Secretary Sally Jewell.

The Energy Information Administration (EIA) joined a growing list of analysts raising 2013 natural gas price forecasts, saying in a Short-Term Energy Outlook (STEO) released Tuesday that it expects spot prices, which averaged $2.75/MMBtu at the Henry Hub last year, to climb to an average of $3.52 this year and $3.60 in 2014.

The Energy Information Administration (EIA) joined a growing list of analysts raising 2013 natural gas price forecasts, saying in a Short-Term Energy Outlook (STEO) released Tuesday that it expects spot prices, which averaged $2.75/MMBtu at the Henry Hub last year, to climb to an average of $3.52 this year and $3.60 in 2014.

Pennsylvania Gov. Tom Corbett is looking for a new secretary to lead the Department of Environmental Protection (DEP), but in a strange twist the outgoing secretary, Michael Krancer, is reportedly on a short list of names to replace a state Supreme Court justice who resigned last Monday after being convicted on corruption charges.

Pennsylvania Gov. Tom Corbett is looking for a new secretary to lead the Department of Environmental Protection (DEP), but in a strange twist the outgoing secretary, Michael Krancer, is reportedly on a short list of names to replace a state Supreme Court justice who resigned Monday after being convicted on corruption charges.

The majority owner-operator of one of two major California nuclear generating plants is seeking a short cut to restart at least partially one of two 1,100 MW units this summer at the same time the state grid operator is publicly expressing growing concerns about the idle plant.