Things

As the gas industry continues its infrastructure build-out to tap unconventional and Rockies supplies as well as accommodate growing imports of liquefied natural gas (LNG), two things will go hand in hand: pipelines and storage, according to at least one industry executive.

As the gas industry continues its infrastructure build-out to tap unconventional and Rockies supplies as well as accommodate growing imports of liquefied natural gas (LNG), two things will go hand in hand: pipelines and storage, according to at least one industry executive.

As one energy prognosticator sees it, natural gas production across the entire United States has “clearly” bottomed out and is once again ramping up, driven by two things: a slowdown in shallow field declines in the Gulf of Mexico (GOM) and growth in several key unconventional resource plays.

As one energy prognosticator sees it, natural gas production across the entire United States has “clearly” bottomed out and is once again ramping up, driven by two things: a slowdown in shallow field declines in the Gulf of Mexico (GOM) and growth in several key unconventional resource plays.

Following a strong launch of the May aftermarket on Monday, things had settled down a lot Tuesday. Price movement was mixed but leaned heavily toward the downside. Growing cooling load across the southern half of the U.S. was starting to flag slightly in some sections, proving to be insufficient at this point to sustain price firmness, while mild weather meant very little weather-based load at all in northern market areas.

Sens. Byron Dorgan (D-ND) and Larry Craig (R-ID) introduced bipartisan energy security legislation last Wednesday that, among other things, would permit domestic producers to explore for oil and natural gas in U.S. and Cuban waters located as close as 45 miles from Florida.

Sens. Byron Dorgan (D-ND) and Larry Craig (R-ID) plan to introduce bipartisan energy security legislation Wednesday that, among other things, would permit U.S. producers to explore for oil and natural gas in Cuban waters located as close as 45 miles from Florida.

Apparently bewildered by a substantial drop in their company’s stock price, management at Denver-based PRB Energy Inc. decided to make the best of things and repurchase up to 10%, or 750,000, of outstanding common shares.

Maryland Gov. Bob Ehrlich last Thursday vetoed legislation passed by state lawmakers that, among other things, would limit pending power rate hikes for Baltimore Gas & Electric (BGE) customers to 15% through May 31, 2007 and fire the current set of commissioners at the Maryland Public Service Commission (PSC).