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).
Should
Articles from Should
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).
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.
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.
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.
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.
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.
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
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.
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.