Interior Secretary Sally Jewelland the top leaders on theSenate Energy and Natural Resources Committeeexpressed support forPresident Obama’schoice ofMichael L. Connorto be deputy interior secretary, succeedingDavid Hayes. Since 2009, Connor has been commissioner of Interior’sBureau of Reclamation, and prior to that he served on Capitol Hill. “Mike will bring a wealth of knowledge and experience to the position after two decades in public service working on energy, conservation and water issues,” Jewell said. Since 2009, Connor has been commissioner of Interior’s Bureau of Reclamation, and prior to that he served on Capitol Hill. If confirmed by the Senate, Connor would be the second highest ranking official at Interior, with statutory responsibility as the COO to help lead a department of more than 70,000 employees and an annual budget of about $12 billion. Connor would continue to serve in his capacity as Interior’s reclamation commissioner, while his nomination is being considered, Jewell said.Sen. Ron Wyden(D-OR), chairman of theEnergy and Natural Resources Committee, andSen. Lisa Murkowski(R-AK), the ranking member of the committee, echoed those sentiments. “Mike Connor is a superb choice to serve as deputy secretary of the Interior,” Wyden said. Murkowski agreed, saying Connor’s “integrity, work ethic and his ability to solve tough resource related issues will make him an asset to the secretary.”
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Articles from storage
Nova Scotia Could Use Straw in Marcellus
Maritimes Canada natural gas consumers should consider taking up to 600 MMcf/d of firm pipeline capacity from the Marcellus Shale to ensure security of supply and avoid the $30.00/MMBtu gas prices seen last winter, ICF Consulting Canada Inc. said in a new study prepared for the Nova Scotia Department of Energy.
Cool Temps, Gas Surplus Send August Bidweek Down 21 Cents
This year’s unseasonably cool summer in parts of the eastern United States and a natural gas supply glut brought on by the country’s shale production boom are continuing to put downward pressure on natural gas prices, as evidenced byNGI’s August Bidweek Survey. The national spot gas average for the month dropped 21 cents from July to average $3.45/MMBtu.
Rail Delivery of U.S. Crude Through June Up 48% From Year Ago
U.S. domestic crude oil production is at its highest level in 20 years, outstripping pipeline capacity and, increasingly, making its way to refineries and storage centers via railroads, according to the Energy Information Administration (EIA).
Rail Delivery of U.S. Crude Through June Up 48% From Year Ago
U.S. domestic crude oil production is at its highest level in 20 years, outstripping pipeline capacity and, increasingly, making its way to refineries and storage centers via railroads, according to the Energy Information Administration (EIA).
Northeast Leads ‘Free Fallin’ July Bidweek
With screen prices at a three-month low it’s no surprise that July bidweek came in a bit soft.NGI’s National Spot Gas Average for July bidweek came in at $3.66, a 48-cent decline from June 2013, but 94 cents higher than the July 2012 bidweek average.
Onshore Infrastructure Boom Just Beginning, Says Raymond James
The uptrend in North America’s unconventional natural gas and oil supplies and global demand dynamics suggests that the outlook for pipeline and storage infrastructure development may not only be bullish but also long-term, according to analysts with Raymond James & Associates Inc.
Onshore Infrastructure Boom Just Beginning, Says Raymond James
The uptrend in North America’s unconventional natural gas and oil supplies and global demand dynamics suggests that the outlook for pipeline and storage infrastructure development may not only be bullish but also long-term, according to analysts with Raymond James & Associates Inc.
Raymond James: Shale-Driven Infrastructure Boom Has Staying Power
The continued uptrend in North America’s unconventional natural gas and oil supplies and global demand dynamics suggest that the outlook for pipeline and storage infrastructure development may not only be bullish but also long-term, according to analysts with Raymond James & Associates Inc.
Industry Brief
Construction is under way on Intercontinental Terminals Co. LLC’s (ITC) new bulk liquids terminal on the Houston Ship Channel, which will provide storage and handling for petrochemicals and petroleum products as well as petrochemical gases and natural gas liquids (NGL). ITC, a unit of Mitsui & Co. (U.S.A.) Inc., has been operating on the channel since 1972 and owns and operates a 12.8 million bbl liquid bulk terminal facility in Deer Park, TX. The greenfield terminal is in Pasadena, TX, on the south side of the channel. Start up of operations is expected during the second quarter of 2015 with 10 tanks of 100,000 bbl each. The terminal will have two deep-water ship docks and four barge docks capable of handling large oceangoing tankers as well as inland barges. Multiple product pipelines are adjacent to or near the new terminal, which will also have rail and truck facilities.
