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.
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Alberta to Revise Gas Drilling Incentives
Alberta officials as soon as Thursday are expected to announce revamped natural gas drilling incentives to improve the province’s appeal to producers and investors, Premier Ed Stelmach said.
Transportation Notes
Tennessee said it will have to shut in the 526A-100 Line as soon as possible in order to replace a valve on the Scofield platform near Port Sulphur, LA. Equipment and personnel are anticipated to arrive at the site Wednesday, and Tennessee is estimating that it will take five days for repair completion. Physical flow will be suspended at 32 meters from Wednesday through Aug. 1, Tennessee said. Travel time for work boats and crew mobilizations prompted the pipeline to add a few extra shut-in days for contingency purposes, a spokesman said.
Raymond James: Oilpatch Demand for New Technology Surging
With oil and natural gas prices soaring, don’t expect oilpatch investments to slow down anytime soon, Raymond James & Associates Inc. said Monday.
AGL Resources CEO Sees Gas Remaining Key to U.S. Energy Future
Seeking to allay fears that natural gas as a fuel source might fall out of favor anytime soon, AGL Resources CEO John W. Somerhalder II told shareholders Wednesday that current energy market fundamentals are very favorable to natural gas now and for the foreseeable future, given its environmental and efficiency advantages.
Baja LNG Not Big Factor in California Market, NorthernStar Exec Says
New supplies soon to flow through Sempra Energy’s liquefied natural gas (LNG) terminal in Mexico will not be a major factor longer term in the California energy market, said a NorthernStar Natural Gas executive overseeing the company’s proposed Clearwater Port LNG project off the coast of Oxnard, CA.
Enogex’s Pipe to Serve Woodford Shale Producers by 3Q2008
Woodford Shale natural gas producers will soon have easier access to markets as OGE Energy Corp. subsidiary Enogex Inc. has completed construction on the first phase — 22 miles — of a new 30-mile pipeline that will connect the company’s Hughes, Coal and Pittsburgh county gathering system with the 30-inch diameter Enogex mainline to Bennington, OK, and the 24-inch Enogex mainline to Wilburton, OK.
Enogex’s Pipe to Serve Woodford Shale Producers by 3Q2008
Woodford Shale natural gas producers will soon have easier access to markets as OGE Energy Corp. subsidiary Enogex Inc. has completed construction on the first phase — 22 miles — of a new 30-mile pipeline that will connect the company’s Hughes, Coal and Pittsburgh county gathering system with the 30-inch diameter Enogex mainline to Bennington, OK, and the 24-inch Enogex mainline to Wilburton, OK.
NGVAmerica: Natural Gas Cars Are the Answer to High Oil Prices
With oil futures prices reaching a record $100/bbl on Wednesday and Thursday, power generators and other traditional natural gas users may soon find themselves competing with everyday drivers for the precious commodity, if NGVAmerica has anything to say about it.
Questar Talking Up the Next Big Rockies Pipeline
The turning of the tap on the Rockies Express (REX)-West pipeline, expected Jan. 1, won’t come a minute too soon for Questar Corp., whose exploration and production (E&P) business shut in about 4.4 Bcfe (net) of unhedged Rockies gas and natural gas liquids (NGL) production in response to low regional market prices during the third quarter.