No Love for Natural Gas Futures as Warmth Pressures Prices; Cash Higher on West Coast

No Love for Natural Gas Futures as Warmth Pressures Prices; Cash Higher on West Coast

Like roses on Valentine’s Day, natural gas futures opened the week in the red as weather models trended warmer with the forecast for the next week or so. With production near recent highs and storage surpluses set to grow in the coming weeks, the March Nymex gas futures contract settled Monday at $2.405/MMBtu, off 10.9…

February 13, 2023

PUC Questions Closing Plants Instead of Switching to Natgas

Two coal-fired power plants owned by FirstEnergy in southwestern Pennsylvania are scheduled to be closed on Wednesday.

October 8, 2013

LNG Trucks Available to Lease Along Western Highways

As an option for fleet operators turned off by high up-front costs of switching off of diesel or gasoline, two firms in the West have come up with a leasing alternative for long-haul liquefied natural gas (LNG)-powered tractor trailers.

June 17, 2013

Utilities Partner to Push Natural Gas Using Social Media

Thanks to abundant shale gas supplies and appliance efficiency gains, a homeowner in Connecticut could save $1,800 per year by switching to natural gas heating from fuel oil, according to a trio of utilities in the state that have launched a campaign to get consumers to switch to gas.

May 30, 2013

Cabot to Use Marcellus Gas to Power Pennsylvania Fracking

Cabot Oil & Gas Corp., whose central operations are in the Marcellus Shale, said Monday it plans to use natural gas to power hydraulic fracturing (fracking) equipment in northeastern Pennsylvania.

May 21, 2013

Industry Briefs

The University of Massachusetts is switching the Central Heating Plant at its Amherst campus from oil to a liquefied natural gas system, a project that could provide $2 million of fuel cost savings annually, according to the university’s five-year capital plan. The $1.2 million project, which is going into operations this month, will allow the plant to end its practice of burning oil when winter conditions cause gas curtailments, according to The Massachusetts Daily Collegian. The plant will rely primarily on natural gas from Tennessee Gas Pipeline’s Northampton Lateral.

December 6, 2012

Wisconsin Eyeing Gas Growth, Utility CEO Says

Customer fuel-switching, growing gas-fired generation needs tied to more reliance on renewable power and pipeline infrastructure expansions in the western parts of the state have Wisconsin’s major combination utility anticipating a growing role for natural gas, according to the CEO of Wisconsin Energy (WE).

November 2, 2012

Wisconsin Energy Shifts Milwaukee Coal Plant to Gas

Coal-to-natural gas switching became a live issue for Wisconsin Energy’s major utility, We Energies, with the decision Friday to switch a long-time coal-fired cogeneration facility serving downtown Milwaukee to natural gas. The Valley Power Plant is a 280 MW facility providing steam and electricity.

August 20, 2012

Shale Industry Ripe for Consolidation, Study Concludes

Trends that surfaced last year indicate “a continued preference for crude oil and liquids-rich gas development over dry gas options,” and are likely to reduce — and possibly reverse — recent domestic dry gas production growth rates, according to a new report from Pace Global.

August 6, 2012

Oregon Pipeline Plan Alive Despite LNG Export Switch

Even with the likelihood of switching the Jordan Cove liquefied natural gas (LNG) project along Oregon’s south-central coast to an export facility, a major 1 Bcf/d connecting transmission pipeline project remains active and moving forward, the LNG project manager told NGI last Wednesday.

October 3, 2011
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