Stay

The mayor of Pittsburgh said he would not sign a measure allowing voters to decide whether to ban natural gas extraction in the city, but the city council is still trying to get the referendum on the ballot.

Whether one loves or hates hydrocarbon fuels, “they are here to stay,” an energy lecturer and author told a Houston audience. “They provide nine out of 10 units of energy, nine out of 10 units of power…That will remain the case for decades to come. Energy transitions happen over decades or centuries, not over years.” The transition under way now is to natural gas, particularly that from shale plays, he said.

U.S. natural gas prices would need to rebound to $5.50/MMBtu or higher, or coal-to-gas switching “is here to stay,” according to a report by Tudor, Pickering, Holt & Co. Inc. (TPH).

U.S. natural gas prices would need to rebound to $5.50/MMBtu or higher, or coal-to-gas switching “is here to stay,” according to a report by Tudor, Pickering, Holt & Co. Inc. (TPH).

Natural gas purchasers say they are switching more of their fleet vehicles to natural gas, adding transport capacity and are trying to stay organized and get the best deal for gas. But they are also increasingly concerned about the public perception of the safety of hydraulic fracturing (fracking) and its effects on the shale gas market.

If recently announced drilling programs are any indication, 2011 could be the biggest year to date for Utica Shale exploration.

Natural gas purchasers say they are switching more of their fleet vehicles to natural gas, adding transport capacity and are trying to stay organized and get the best deal for gas. But they are also increasingly concerned about the public perception of the safety of hydraulic fracturing (fracking) and its effects on the shale gas market.

Natural gas purchasers say they are switching more of their fleet vehicles to natural gas, adding transport capacity and are trying to stay organized and get the best deal for gas. But they are also increasingly concerned about the public perception of the safety of hydraulic fracturing (fracking) and its effects on the shale gas market.

Tolls on TransCanada Corp.’s Canadian natural gas mainline will stay at elevated levels set as an “interim” measures last winter if the National Energy Board (NEB) approves an application for final 2011 rates filed last Friday morning.