Threshold

Regulating hydraulic fracturing (fracking) on public lands as the Interior Department’s Bureau of Land Management (BLM) proposes to do would cost society $1.499 billion to $1.615 billion per year, according to an analysis commissioned by the Western Energy Alliance (WEA).

Eastern markets used to look like the Promised Land to Rockies producers. But surging production growth from the Marcellus Shale amounts to a “keep out” sign planted along the side of Kinder Morgan Energy Partners LP’s (KMP) Rockies Express Pipeline (REX).

Changes proposed by Sempra LNG unit Cameron LNG LLC to its liquefied natural gas terminal in Cameron Parish, LA, to allow for the export of LNG do not meet the threshold to be considered “new construction,” according to U.S. Coast Guard Captain J.J. Plunkett, captain of the port for Port Arthur, TX.

April natural gas futures rose as prices crossed an important technical threshold and traders anticipated additional buying. Petroleum and equity markets also advanced but traders were not convinced of a significant linkage with natural gas.

Drawing on current futures curves and the investment threshold for upstream projects, the International Energy Agency (IEA) said last week that the oil market looks extremely tight over the next five years, but it also coincides with the prospects of even tighter natural gas markets.

Drawing on current futures curves and the investment threshold for upstream projects, the International Energy Agency (IEA) reported that not only does oil look extremely tight over the next five years, but it coincides with the prospects of even tighter natural gas markets.

FERC has crossed the “threshold” of concluding that the existing Order 888 allows for undue discrimination in transmission service and that there is a need for the Commission to act, FERC Chairman Joseph Kelliher told an American Public Power Association (APPA) legislative rally held in Washington, DC, last Wednesday.

El Paso set an imbalance threshold of 5% in declaring a systemwide Strained Operating Condition (SOC) Wednesday. The pipeline said it has been experiencing declining linepack as a result of takes that are in excess of scheduled quantities and underperforming receipt volumes. Linepack continues to decline despite the Washington Ranch storage facility operating at maximum withdrawal capacity, El Paso said. Prior to announcing the SOC, it said the supply shortfall in the San Juan Basin was about 400 MMcf/d.