Next year already is shaping up as another growth spurt for natural gas as a transportation fuel, based on recent announcements. American Honda will be coming off a record sales year for its compressed natural gas (CNG) Civic models, which will have added styling and features next year, but those 2013 cars will not be on the market until all of the 2012 CNG Civics are sold, the company said at the end of November. Ford F-450 and F-550 trucks are being converted for utility and other fleet work by Seattle, WA-based World CNG and by Vancouver, BC-based Westport Innovations. World is providing dedicated CNG conversions and new F-550 Ford trucks, using a bodymaker, Caseco Manufacturing and its Oklahoma City-based installation partner, Clear Sky CNG. Westport said by mid-2013 it will have converted F-450 and F-550 CNG bifuel trucks outfitted at its Kentucky Integration Center, a Ford-qualified NGV modifier. Separately, the city of El Paso, TX, has contracted with Mansfield Gas Equipment Systems to design, build and operate three CNG fueling stations on city property to fuel city-owned and leased vehicles.
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Mixed Market Action Despite Arctic Blast
Even as most of the country hunkered down under winter’s first real bone-chilling cold spurt, a number of declines in cash market point averages were sprinkled in with the gains in Tuesday deals for Wednesday delivery.
GAO Urges Review of CFTC Regulation of Energy Derivatives
Given the growth spurt in energy derivatives trading, Congress should consider during the Commodity Futures Trading Commission’s (CFTC) reauthorization process whether the agency’s current regulatory structure for energy derivatives, especially in exempt commercial markets, is sufficient to ensure fair trading and accurate pricing of energy commodities, the Government Accountability Office (GAO) said in a report released Friday.
GAO Urges Review of CFTC Regulation of Energy Derivatives
Given the growth spurt in energy derivatives trading, Congress should consider during the Commodity Futures Trading Commission’s (CFTC) reauthorization process whether the agency’s current regulatory structure for energy derivatives, especially in exempt commercial markets, is sufficient to ensure fair trading and accurate pricing of energy commodities, the Government Accountability Office (GAO) said in a report released Friday.
EIA: Gas Consumption Shot Up 10% in First Quarter
Natural gas demand rose significantly in the first quarter compared to the same period a year ago, setting the stage for a spurt in annual gas consumption, the Energy Information Administration (EIA) said in its Short-Term Energy Outlook for May.
EIA: Gas Consumption Shot Up 10% in First Quarter
Natural gas demand rose significantly in the first quarter compared to the same period a year ago, setting the stage for a spurt in annual gas consumption, the Energy Information Administration (EIA) said in its Short-Term Energy Outlook for May.
Transwestern Pipeline Adds Receipt and Delivery Points
Transwestern Pipeline is going through a growth spurt with eightnew interconnect projects in service or under way, which will add300 MMcf/d in market area deliveries and 285 MMcf/d in new supplyreceipts. The new or expanded connection points will enhanceshipper access to both new supplies and markets.
Transwestern Adds Receipt and Delivery Points
Transwestern Pipeline is going through a growth spurt with eightnew interconnect projects in service or under way, which will add300 MMcf/d in market area deliveries and 285 MMcf/d in new supplyreceipts. The new or expanded connection points will enhanceshipper access to both new supplies and markets.
