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Propane Inventories Hit Record in September

Given the state of natural gas liquids (NGL) markets, it should come as no surprise that U.S. propane inventories (including propylene stocks) hit a record high at the end of September while the average weekly spot price at Mont Belvieu, TX, hit a low not seen since the third quarter of 2009, according to the Energy Information Administration (EIA).

October 18, 2012
S&P: Marcellus Shale Production Rewriting Gas Flows, Pricing

S&P: Marcellus Shale Production Rewriting Gas Flows, Pricing

Rapid development of the Marcellus Shale is attracting new exploration and production (E&P) activity, a trend that is affecting long-standing national and regional gas flows, as well as regional pricing, according to a new report from Standard & Poor’s Ratings Services (S&P).

October 16, 2012

Little Connecticut Unveils Big Natural Gas Appetite

Connecticut should build 900 miles of natural gas mains and use financial and regulatory changes to make gas available to as many as 300,000 homes and businesses, according to a draft 2012 Comprehensive Energy Strategy unveiled Friday by Gov. Dannel Malloy.

October 8, 2012

Little Connecticut Unveils a Big Natural Gas Appetite

Connecticut should build 900 miles of natural gas mains and use financial and regulatory changes to make gas available to as many as 300,000 homes and businesses, according to a draft 2012 Comprehensive Energy Strategy unveiled Friday by Gov. Dannel Malloy.

October 8, 2012

NGSA: Colder Winter Means ‘Soft’ Upward Price Pressure

In the fall, a natural gas producer’s heart turns to selling more gas at higher prices. This winter should be somewhat colder — and more rewarding to producers — than last, according to the Natural Gas Supply Association’s (NGSA) Winter Outlook, released Wednesday.

October 4, 2012

Binghamton, NY, Fracking Moratorium Tossed by Judge

A New York judge on Tuesday invalidated the City of Binghamton’s two-year ban by on hydraulic fracturing (fracking) and exploration activities that was enacted late last year.

October 4, 2012

Pittsburgh City Councilman Introduces Drilling Proposals

A member of the Pittsburgh City Council has introduced four proposed amendments to the city’s zoning code that would allow 40-acre minimum “mineral extraction districts” for Marcellus Shale drilling.

September 26, 2012

Top North American Gas Marketers (Bcf/d)

Despite the flood of natural gas on the market and stubbornly low prices, higher trading volumes should come as no surprise, according to one market consultant.. read more

September 17, 2012

Trunkline: Oil Conversion Won’t Harm Michigan Gas Deliveries

FERC should approve a request by Trunkline Gas Co. to abandon by sale 770 miles of its gas transmission system for conversion to crude oil service over the objection of protesters whose “doomsday scenarios [are] designed to lock in the status quo, despite ample demonstration that the status quo is not consistent with the overall public interest,” the pipeline told the Commission in a filing Friday.

September 17, 2012

Marcellus Region ‘Ripe with Bottlenecks,’ Says Williams CEO

With energy demand high and producers climbing over each other in the Marcellus Shale region, the Northeast remains “ripe with bottlenecks,” and it’s likely to get more congested before natural gas infrastructure is completed, Williams CEO Alan Armstrong said Wednesday.

September 6, 2012
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