Study

Canadian producers are more optimistic than ever before about the future course of natural gas prices, according to an annual survey of the sector by Deloitte & Touche. While braced for oil to take a tumble, the Canadians expect gas to have a comparatively soft landing when energy commodity markets dive from their current peaks if the conflicts in the Middle East cool off enough to take out the fear factor.

Canadian oil and natural gas industry CEOs and CFOs are more bullish on commodity returns than anytime in the past five years, according to the 2004 Deloitte Canadian Oil and Gas Outlook survey released on Monday. Respondents expect positive double-digit returns for publicly listed companies.

More than 61 million American households had natural gas service in 2002, marking a 1.4% increase over 2001, or 887,000 homes, according to the American Gas Association (AGA). Looking at its data, the AGA added that as of 2002 — the most recent year of complete data — 61% of all U.S. households had gas service.

More than 61 million American households had natural gas service in 2002, marking a 1.4% increase, 887,000 homes, over 2001, according to the American Gas Association (AGA). Looking at its data, the AGA added that as of 2002 — the most recent year of complete data — 61% of all U.S. households had gas service.

At the outset, the only clear understanding of California’s prospective two-phase 2004 restructuring of its natural gas market is that nothing is clear.

At the outset, the only thing clear about California’s two-phase 2004 gas restructuring plan is that nothing is clear. There are endless questions among stakeholders. The major utilities are supposed to file their wish lists for the omnibus proceeding by the end of this month.

Canadian pipelines and their customers stand warned, by the United States National Petroleum Council, to expect wide swings in excess capacity and associated pressure on tolls as the North American natural gas market struggles to stay in balance through 2025.

The industry scramble to find new gas supply sources should begin paying significant dividends as early as 2006, according to consultants at Arlington, VA-based Energy Ventures Analysis (EVA). By 2025, EVA sees the potential for 23.8-33.2 Bcf/d of additional gas supply coming from a wide variety of new sources.

The industry scramble to find new gas supply sources should begin paying significant dividends as early as 2006, according to consultants at Arlington, VA-based Energy Ventures Analysis (EVA). By 2025, EVA sees the potential for 23.8-33.2 Bcf/d of additional gas supply coming from a wide variety of new sources.