Snack-king Frito-Lay North America said Tuesday it plans to add 67 compressed natural gas (CNG) tractor-trailers to its fleet vehicle system, which operates in seven U.S. cities, by the middle of July. The company is testing 18 trucks with 8.9-liter Cummins Westport engines.
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Alberta Said to Lose Billions in ‘Overly Generous’ Royalty Cuts
Alberta’s government claims that its oil and natural gas royalty system maximizes benefits for the province, but research shows otherwise — C$55 billion in potential revenue may be lost over the next three years because of “overly generous” royalty cuts and the failure to meet even “modest targets” set by previous provincial administrations.
Crestwood Buys Marcellus Midstream Assets from Antero
A new joint venture formed by Crestwood Midstream Partners LP and Crestwood Holdings Partners LLC has acquired a Marcellus Shale gathering system in northern West Virginia owned by Antero Resources Appalachian Corp., the companies announced Monday.
People, Not Government, Seen as Key to Energy Independence
The shale revolution — first in natural gas and then in oil — has placed the United States at the beginning of an energy system turnaround in the 21st century; however, if the country is to benefit from its new-found energy wealth, government will have to get out of the way, John Hofmeister, founder and CEO of Citizens for Affordable Energy, told a Houston audience last Wednesday.
Industry Experts Eye Road to Energy Independence
The shale revolution — first in natural gas and then in oil — has placed the United States at the beginning of an energy system turnaround in the 21st century; however, if the country is to benefit from its new-found energy wealth, government will have to get out of the way, John Hofmeister, founder and CEO of Citizens for Affordable Energy, told a Houston audience Wednesday.
People, Not Government, Seen as Key to Energy Independence
The shale revolution — first in natural gas and then in oil — has placed the United States at the beginning of an energy system turnaround in the 21st century; however, if the country is to benefit from its new-found energy wealth, government will have to get out of the way, John Hofmeister, founder and CEO of Citizens for Affordable Energy, told a Houston audience Wednesday.
Enterprise’s Teague: Ethane Bears Are Talking Their Book
With ethane prices down more than 30% in January alone, consumers and analysts on the consuming end of the ethane pipeline might be tempted to say the market is moving toward saturation. Not so, said Enterprise Products Partners COO Jim Teague; the bears are “talking their book.
Transportation Notes
Saying it needed to protect system integrity and due to excessive hourly takes exceeding scheduled quantities, Tennessee issued meter-specific Balancing Alert OFOs Monday affecting two LMSMA contracts (71054 and 943030). They are required to maintain an actual daily flow rate not exceeding 2% or 500 Dth, whichever is greater, of scheduled quantities.
Transportation Notes
Florida Gas Transmission ended Friday an Overage Alert Day that had been in effect for the previous three days.
Carrizo Tops Production Goal in Eagle Ford
With recent production from the Eagle Ford Shale and Niobrara Formation, Carrizo Oil & Gas Inc. passed its target of 5,000 net b/d, the company announced Wednesday.