In one remote corner of North America natural gas still fetches a price that covers its costs, including drilling and pipeline construction. On the Mackenzie Delta an environmental assessment is beginning on a supply project called Ikhil for Inuvik, the biggest town in the Canadian land of the midnight sun.
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CSU Nudges Atlantic Hurricane Forecast Higher
While they still anticipate slightly below-average activity for the 2012 Atlantic hurricane season, forecasters at Colorado State University (CSU) now expect more named storms and hurricanes than they did in April due to “large amounts of uncertainty in both the phase of ENSO [the El Nino-Southern Oscillation] as well as in Atlantic Basin conditions.”
California Senate Rejects Fracking Bill; Second Measure Alive
California lawmakers on Thursday rejected an industry-opposed bill (SB 1054) on hydraulic fracturing (fracking), but a second fracking measure (AB 591) is still alive.
CSU Nudges Atlantic Hurricane Forecast Higher
While they still anticipate slightly below-average activity for the 2012 Atlantic hurricane season, forecasters at Colorado State University (CSU) now expect more named storms and hurricanes than they did in April due to “large amounts of uncertainty in both the phase of ENSO [the El Nino-Southern Oscillation] as well as in Atlantic Basin conditions.”
PG&E Faces Rash of Over-Pressurized Pipes
Nearly two years after the deadly San Bruno, CA, natural gas transmission pipeline rupture and explosion, Pacific Gas and Electric Co. (PG&E) is still having trouble taking full control of its 50,000-mile transmission and distribution system covering the central and northern expanses of California.
Lack of Energy/Water Strategies a ‘Glaring Omission’
Few companies have either energy or water strategies, and fewer still have integrated energy-water strategies — “a glaring omission” — according to a white paper issued Tuesday by a pair of independent advisers to Deloitte LLP.
PG&E Faces Rash of Over-Pressurized Pipes
Nearly two years into the wake of the deadly San Bruno natural gas transmission pipeline rupture and explosion, Pacific Gas and Electric Co. (PG&E) is still having trouble taking full control of its 50,000-mile transmission and distribution system covering the central and northern expanses of California. An internal memo from the San Francisco-based combination utility has revealed more than 120 incidents of over-pressuring on portions of its system since the Sept. 9, 2010 San Bruno tragedy.
Bentek: Storage Glut Could Drive Fall Prices Lower
Despite the fact that some producers are increasing their dry natural gas shut-ins and retooling their operations to go after liquids, the industry is still facing a supply glut problem, which could be exacerbated later this summer as storage room becomes scarce. As a result, cash prices could easily slip back below $2, according to Evergreen, CO-based Bentek Energy.
Henry Hub Might Not Be Done With Sub-$2 Pricing, Bentek Says
Despite the fact that some producers are increasing their dry natural gas shut-ins and retooling their operations to go after liquids, the industry is still facing a supply glut problem, which could be exacerbated later this summer as storage room becomes scarce. As a result, cash prices could easily slip back below $2, according to Evergreen, CO-based Bentek Energy.
Pennsylvania NGV Market Faces Fueling, Vehicle Cost Barriers
Even with the Marcellus Shale fueling new growth across the region, Pennsylvania still faces barriers to building natural gas vehicle (NGV) infrastructure, in part because of public fueling needs and high vehicle costs, according to a recent report by the Allegheny Conference on Community Development, a nonprofit organization focused on economic development in the state.