Natural gas producers can thank the hot summer for helping to burn up a large portion of the country’s growing gas production during the third quarter, according to the latest Energy Information Administration (EIA) Short-Term Energy Outlook, released last Wednesday.
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EIA: Power Generation Drove 3Q Gas Demand
Natural gas producers can thank the hot summer for helping to burn up a large portion of the country’s growing gas production during the third quarter, according to the latest Energy Information Administration (EIA) Short-Term Energy Outlook, released Wednesday.
Chevron Sees ‘No Sense’ in Developing U.S. Gas
Chevron Corp. is not being left behind in the race to acquire North American unconventional natural gas assets, thank you. But until it can make money by developing the resource base it now holds, those gassy development plans will be shelved, Vice Chairman George Kirkland told financial analysts on Friday.
Chevron Sees ‘No Sense’ in Developing U.S. Gas
Chevron Corp. is not being left behind in the race to acquire North American unconventional natural gas assets, thank you. But until it can make money by developing the resource base it now holds, those gassy development plans will be shelved, Vice Chairman George Kirkland told financial analysts on Friday.
LNG Tidal Wave? No, Still Not Yet, Say Analysts
Those whose interests are favored by liquefied natural gas (LNG) forsaking U.S. shores can thank more attractive oil-indexed pricing in Asia and European demand for holding back the long-predicted tide of cargoes, at least for this year and next, according to an analysis by Tudor, Pickering, Holt & Co. Securities Inc. (TPH).
Analysts Cut LNG Forecast; Shale Makes a ‘Mockery’ of Earlier Estimates
Those whose interests are favored by liquefied natural gas (LNG) forsaking U.S. shores can thank more attractive oil-indexed pricing in Asia and European demand for holding back the long-predicted tide of cargoes, at least for this year and next, according to an analysis by Tudor, Pickering, Holt & Co. Securities Inc. (TPH).
Analysts Cut LNG Forecast; Shale Makes a ‘Mockery’ of Earlier Estimates
Those whose interests are favored by liquefied natural gas (LNG) forsaking U.S. shores can thank more attractive oil-indexed pricing in Asia and European demand for holding back the long-predicted tide of cargoes, at least for this year and next, according to an analysis by Tudor, Pickering, Holt & Co. Securities Inc. (TPH).
Kern River Cuts Demand Charges to Expansion Shippers by 8-11%
Kern River Gas Transmission is sending its 2003 expansion customers a little something extra in its “Thank You” notes for signing up for nearly 900 MMcf/d of new gas transportation capacity to Nevada and California markets from western Wyoming. The company said it is decreasing demand charges by 11.4% for 15-year expansion shippers and by 8.2% for 10-year expansion shippers. The proposed rate reductions reflect the lower interest rates in the final debt refinancing of the expansion, which went into service on May 1.
Kern River Cuts Demand Charges to Expansion Shippers by 8-11%
Kern River Gas Transmission is sending its 2003 expansion customers a little something extra in their “Thank You” notes for signing up for nearly 900 MMcf/d of new gas transportation capacity to Nevada and California markets from western Wyoming. The company said it is decreasing demand charges by 11.4% for 15-year expansion shippers and by 8.2% for 10-year expansion shippers. The proposed rate reductions reflect the lower interest rates in the final debt refinancing of the expansion, which went into service on May 1.
Weather Masks Tight Market, But Stability Should Stay Awhile
For now, California and other parts of the nation can thank Mother Nature for saving consumers from severe and sustained summer energy price spikes, and perhaps bolstering the political resolve to keep pushing ahead with market-based energy solutions, said a Wall Street analyst with Commerzbank Securities. However, the market fundamentals are still present to sustain higher-than-historic prices and volatility, particularly for natural gas.