Much of the physical natural gas market recorded small upticks for a second straight day despite the facts that summer heat is waning and the levels of natural gas in storage are more than comfortable. While most regions did report gains, pockets of declines were prevalent on Tuesday for Wednesday delivery in the Northeast and the Rockies, while a number of points were flat. September futures put in a quiet day Tuesday with a $2.775 close, one-tenth of a penny lower than Monday’s finish.
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Fuel cells that use natural gas to chemically produce electricity with small onsite distributed generation units are receiving increased attention because of low natural gas prices, according to Danbury, CT-based FuelCell Energy Inc. (FCEL), a leading manufacturer of gas-based units that are up to 2.8 MW in size.
A recent study that showed the percentage of wells in Pennsylvania with pollution events has declined, thanks at least in part to the state’s regulation of hydraulic fracturing (fracking), contained “significant errors and distortions” that undermine its conclusions, according to an analysis released by the Public Accountability Initiative (PAI), a nonprofit research organization based in Buffalo, NY.
While normally associated with the chemicals and petrochemical industries, a number of small, niche players want to take liquids derived from natural gas and compete in the alternative transportation fuels space. The reinvigorated natural gas transportation fuel buzz has brought back methanol, introduced dimethyl ether (DME) and found potential room for bio-based fuels from natural gas.
The majority of Pennsylvania’s Marcellus Shale drilling law is just starting to go into effect, but two state lawmakers are already proposing tweaks, one small and one large.
The U.S. Department of Energy (DOE) said a small-scale test of technology to extract natural gas from methane hydrates conducted on Alaska’s North Slope was successful. The department is launching a long-term production test in the Arctic as well as research to test technologies that could be used to locate, characterize and extract methane hydrates on a larger scale in the U.S. Gulf Coast.
Despite strict rules governing wastewater disposal wells, enacted after a dozen small earthquakes were possibly caused by the injections, the Ohio Department of Natural Resources (ODNR) is on pace to receive a record number of permit applications this year for new injection wells.
The Susquehanna River Basin Commission (SRBC) on Thursday released a report detailing existing or baseline water quality conditions in most of its small watersheds within the basin, which overlies the Marcellus Shale.