Shrinking

Boardwalk Pipeline Partners LP has been feeling the impact of shifting market fundamentals as shrinking basis differentials make recontracting capacity on some of its pipelines more challenging. However, more demand from new power generators is waiting in the wings to take up the slack.

Canadian production will continue shrinking over the next three years while the use of natural gas in oilsands production grows, resulting in a dramatic drop in exports to the United States to as little as 2.8 Bcf/d, according to a new forecast by the National Energy Board (NEB).

Canadian production will continue shrinking over the next three years while the use of natural gas in oilsands production grows, resulting in a dramatic drop in exports to the United States to as little as 2.8 Bcf/d, according to a new forecast by the National Energy Board (NEB).

Lower 48 and Canadian natural gas production has fallen steadily for the past two years and has become a “shrinking part of the portfolio” for ConocoPhillips, CFO Jeff Sheets said Wednesday.

Canadian natural gas exports are still shrinking, but the speed of the decrease is slowing amid early signs that the prolonged supply decline will end.

Canadian natural gas exports are still shrinking, but the speed of the decrease is slowing amid early signs that the prolonged supply decline will end.

In a shrinking power load market nationally under the shadow of climate change policy responses and economic recession, NRG Energy Inc. CEO David Crane urged the electricity industry and financial analysts following it not to “overreact” to the prospect of what some would characterize as draconian measures set to come out of the Obama administration’s newly activated U.S. Environmental Protection Agency (EPA). Some segments of the coal industry may even thrive in the future, Crane said during an earnings conference call Tuesday.

In a shrinking power load market nationally under the shadow of climate change policy responses and economic recession, NRG Energy Inc. CEO David Crane urged the electricity industry and financial analysts following it not to “overreact” to the prospect of what some would characterize as draconian measures set to come out of the Obama administration’s newly activated U.S. Environmental Protection Agency (EPA). Some segments of the coal industry may even thrive in the future, Crane said during an earnings conference call Tuesday.

Reporting a sea of red ink from its aborted merger and the shrinking of its trading business, Constellation Energy Group’s senior officials last Wednesday expressed confidence that the pending joint venture on its nuclear power plant fleet with Electricite de France SA (EDF) will bring stability and liquidity to the troubled energy holding company and parent to still-profitable Baltimore Gas and Electric Co. (BG&E).