It’s no more than an early indicator now, but soon California’s oil/gas-rich and agricultural-based central valley may become a harbinger for America’s transition to the post-carbon age. A host of small alternative energy businesses are springing up in the oil and farm heartland of the state, along with a proposed cutting-edge carbon capture and storage (CCS) project that recently won a $308 million U.S. Department of Energy (DOE) grant from the stimulus package.
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Canadian Producers Putting Money Down on BC
Preparations are continuing at a brisk pace for large-scale supply development in northeastern British Columbia (BC) as soon as natural gas markets show reliable signs of making a comeback.
Canadian Producers Putting Money Where the Gas is: BC
Preparations are continuing at a brisk pace for large-scale supply development in northeastern British Columbia (BC) as soon as natural gas markets show reliable signs of making a comeback.
Rally in 2010 Gas Prices to Be Short-Lived, Analysts Say
The big, sustained rally in 2010 U.S. natural gas prices predicted by some on Wall Street likely will fizzle as soon as the uncompleted wells and shut-in supply flood back into the market, energy analysts said last week.
Rally in 2010 Gas Prices to Be Short-Lived, Analysts Say
The big, sustained rally in 2010 U.S. natural gas prices predicted by some on Wall Street likely will fizzle as soon as the uncompleted wells and shut-in supply flood back into the market, energy analysts said Monday.
Drilling Barriers Weaken Along Southeast Coast
The prospect of offshore natural gas drilling could gain traction in a few coastal states. In South Carolina lawmakers are expected to endorse soon a pro-exploratory drilling recommendation of a legislative panel; in Florida the issue could come up in a special legislative session next month and drilling advocates are girding for battle, having failed to defeat a drilling moratorium earlier this year; and a Virginia lawmaker is keeping the pressure on for a 2011 lease sale.
The Line for Cap-and-Trade Bandwagons Forms to the Right — or Left
If you missed the last bandwagon, stick around; there will be another one coming along soon. Not to be outdone by health care reform friends and foes, energy companies and environmentalists are going on the road with the aim of staging as many rallies as possible in Congressional home districts during the August recess, aiming to influence votes in September. It’s the populist revolution and everyone’s in the game.
EIA to Report Hike in Nationwide Storage Capacity
The Energy Information Administration (EIA) is due to release a report soon that will show nationwide natural gas storage capacity has risen 100 Bcf or more since last year, but it may not be enough to help producers who, faced with the lowest gas prices in seven years, are looking at the prospect of shutting in their gas.
EIA to Report Hike in Nationwide Storage Capacity
The Energy Information Administration (EIA) is due to release a report soon that will show nationwide natural gas storage capacity has risen 100 Bcf or more since last year, but it may not be enough to help producers who, faced with the lowest gas prices in seven years, are looking at the prospect of shutting in their gas.
Raymond James: Some Gassy E&Ps Spending More Despite Prices
Natural gas explorers appeared to be cutting their capital expenditures (capex) almost as soon as the new year began, but some producers are beginning to spend more and drill more — a scenario that may lead to more pain in the next few months, Raymond James & Associates Inc. analysts said Monday.