Strong

Chevron Corp. has its hand in nearly every natural gas and oil producing basin on- and offshore around the world. But for the long term, natural gas development will be the driver, and U.S. shale plays offer “opportunities” to sustain organic growth, the company’s exploration and production (E&P) chief said last Monday.

The new year in Canadian natural gas exports is off to a shaky start, but strong domestic demand for underground oilsands production and reduced drilling are burning off surplus supplies.

The new year in Canadian natural gas exports is off to a shaky start, but strong domestic demand for underground oilsands production and reduced drilling are burning off surplus supplies.

Cold snaps, an accelerating switch in drilling targets to chase high oil prices and strong demand by Alberta thermal bitumen extraction projects are deflating Canada’s share in the North American natural gas surplus.

Cold snaps, an accelerating switch in drilling targets to chase high oil prices and strong demand by Alberta thermal bitumen extraction projects are deflating Canada’s share in the North American natural gas surplus.

For a change Monday’s trading featured most Northeast locations taking big dives while prices recorded fairly strong increases at a large majority of other points. Most sections of the North American market can expect to endure some severe winter weather this week.

With a growing diversity of sources, robust supplies and recession-tempered demand, Southwest Gas Corp. is in a strong position to serve its 1.8 million customers spread around Nevada, Arizona and a sliver of the eastern part of Southern California. The only question plaguing Bill Moody, Southwest’s vice president for gas resources, is how long can the good life last?

On the verge of Tuesday’s official start of winter, it seemed like the season had already gotten off to a strong start last week but was tending to recede a bit. However, except for some fairly big slides from last week’s $10-plus heights in the Northeast, most points registered moderate increases Monday.

Strong domestic natural gas supplies are enabling the U.S. chemicals manufacturing sector to gradually improve, according to a report by the American Chemistry Council (ACC).