Suggests

Global demand for liquefied natural gas (LNG) is growing more than twice as fast as overall gas demand and about six times faster than demand for oil; however, North America and the Atlantic Basin in general are playing a comparatively smaller role in the LNG boom, according to a new analysis by Tudor, Pickering, Holt & Co. Securities Inc. (TPH).

Spending on natural gas extraction in the Haynesville Shale has stuffed so much money in the pockets of some Louisianans that it is akin to winning the lottery, suggests a recent analysis prepared for the Louisiana Department of Natural Resources (DNR).

Spending on natural gas extraction in the Haynesville Shale has stuffed so much money in the pockets of some Louisianans that it is akin to winning the lottery, suggests a recent analysis prepared for the Louisiana Department of Natural Resources (DNR).

A close review of the historical relationship between energy prices and U.S. production and consumption of energy-intensive goods suggests that energy-intensive manufacturers are likely to face only modest competitiveness impacts under a cap-and-trade proposal to reduce greenhouse gas emissions, according to a study released by the Pew Center on global climate change Wednesday.

A new report on the proposed Broadwater Energy LLC LNG (liquefied natural gas) project suggests the additional gas supplies it would bring to New York state would be a good thing, but they aren’t critical to the market, at least not yet.

A study by National Aeronautics and Space Administration (NASA) scientists suggests that greenhouse gas (GHG) emissions could raise average summer temperatures in the eastern part of the United States nearly 10 degrees Fahrenheit by the 2080s.

A study by National Aeronautics and Space Administration (NASA) scientists suggests that greenhouse gas (GHG) emissions could raise average summer temperatures in the eastern part of the United States nearly 10 degrees Fahrenheit by the 2080s.

It’s not everyday that someone suggests adding Peruvian LNG to your gas supply portfolio, but that’s what Dallas-based Hunt Oil may soon be recommending to some West Coast buyers. By 2009, the company and its partners, Spain’s Repsol and Korea’s SK Corp., hope to be bringing 4.4 million metric tons of LNG per year to the U.S. and Mexican west coasts from a liquefaction plant in Pampa Melchorita, Peru.

The potential for oil and gas prices to continue rising rather than flatten out, as the current futures market suggests, could put optimistic economic forecasts in jeopardy, Federal Reserve Chairman Alan Greenspan told the House Financial Services Committee Wednesday. As energy prices rise and place upward pressure on costs, Greenspan said the central bank would likely continue increasing interest rates gradually to curb core inflation.