Star

Shale gas production in the Haynesville and Marcellus shales was the bright production star in February, while output in the traditional, maturer regions fell due to cold weather and maintenance/repairs, according to the Energy Information Administration’s (EIA) monthly natural gas report.

Shale gas production in the Haynesville and Marcellus shales was the bright production star in February, while output in the traditional, maturer regions fell due to cold weather and maintenance/repairs, according to the Energy Information Administration’s (EIA) monthly natural gas report.

More natural gas use for power generation and transportation in the Lone Star State is a plank in the platform of the newly formed Texas Clean Energy Coalition (TCEC), which is being led by former state Sen. Kip Averitt, TCEC chairman, with funding from the Cynthia and George Mitchell Foundation.

Related to the colder-than-normal weather forecasted in its market area, Southern Star Central has posted a list of criteria (see the bulletin board) to which shippers must adhere to prevent the pipeline from issuing a systemwide or point- or shipper-specific OFO on short notice. The restrictions are expected to remain in effect until the start of Monday’s gas day.

Retail natural gas consumers in the Lone Star State have paid “tens of millions of dollars more” for the commodity than they should have due to “one-sided” decisions by the Railroad Commission of Texas (RRC), a coalition of Texas cities’ analysis charges.

Retail natural gas consumers in the Lone Star State have paid “tens of millions of dollars more” for the commodity than they should have due to “one-sided” decisions by the Railroad Commission of Texas (RRC), a coalition of Texas cities’ analysis charges.

January natural gas futures fell hard Monday as weather forecasts were adjusted to a slightly warmer outlook, and the Energy Information Administration (EIA) released higher production figures. At the end of the day January futures were down 18.9 cents to $4.210, and February had skidded 17.8 cents to $4.234. January crude oil surged $1.97 to $85.73/bbl.

Ted Danson, film and television star turned ocean conservationist, Wednesday called on Congress and President Obama to reinstate the bans on drilling off the East and West coasts, as well as to block drilling in Alaska’s Bristol Bay.

Natural gas still stands out as Alberta’s revenue star, but the provincial government expects it to fade gradually despite royalty increases as aging production naturally subsides and sales competition grows in international markets.