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A research report from Goldman Sachs was touted Monday as further support for why the U.S. State Department should reject the proposed northern portion of the TransCanada Corp. multi-billion-dollar 1,700-mile Keystone XL oil pipeline stretching from Alberta Canada to the Gulf of Mexico (GOM).

Ohio government officials and industry experts met for a shale symposium hosted by law firm BakerHostetler LLP, offering their opinions of what the challenges will be in the Utica Shale as the play develops.

Safety staff at the California Public Utilities Commission (CPUC) on Wednesday reiterated their rationale for a proposed $2.25 billion penalty against Pacific Gas and Electric Co. (PG&E) in a reply to the utility’s recent filing in the CPUC penalty consideration cases arising out of a natural gas transmission pipeline rupture and explosion in San Bruno, south of San Francisco (see Daily GPI, May 7).

Cash prices overall were steady Thursday in large part due to physical traders getting their deals done prior to the release of the Energy Information Administration (EIA) storage figures and subsequent price volatility.

Cash natural gas prices fell a nickel overall Thursday as traders elected to get most of their deals done ahead of the usual volatility following the release of government inventory data.

National Property Holdings LP plans to develop the Alamo Junction Rail Park and serve the Eagle Ford Shale region’s growing demand for rail-based logistics and warehousing. The project joins another recently announced park targeting oil/gas patch-related industrial development in the region.

Barring extreme weather this summer, natural gas prices aren’t likely to vary too much from their current trading range, said FERC staffer Eric Primosch of the Commission’s Office of Enforcement (OE).

Cash natural gas prices fell 4 cents overall as traders elected to get their deals done ahead of the Energy Information Administration’s (EIA) weekly storage report.

Barring extreme weather this summer, natural gas prices aren’t likely to vary too much from their current trading range, said FERC staffer Eric Primosch of the Commission’s Office of Enforcement (OE).