Throughout

Hurricane Sandy Causes Minimal Disruption in Marcellus

Hurricane Sandy Causes Minimal Disruption in Marcellus

Hurricane Sandy appears to have posed a minimal disruption to oil and gas companies operating in the Marcellus Shale.

October 31, 2012

Youngstown, OH, Approves Leasing City-Owned Land for Oil, Gas Drilling

The city council in Youngstown, OH, voted 5-2 Wednesday in favor of an ordinance that could open city-owned land to oil and natural gas drilling.

October 19, 2012

Flaring Easing as North Dakota E&P Issue

With rig counts, prices and liquids all moving up, the incidence of natural gas flaring in the Bakken Shale play is expected to continue to decline throughout this year, the head of the North Dakota Petroleum Council, Ron Ness, told NGI’s Shale Daily Wednesday, responding to questions about a report on the state’s record-setting oil/gas operations from the state Department of Mineral Resources (DMR).

June 8, 2012

Former Governor Urges Pennsylvania to ‘Embrace’ Shale Gas

Natural gas from the Marcellus Shale could be the answer to Pennsylvania’s energy problems, “should we choose to embrace it,” according to former Gov. Ed Rendell.

June 6, 2012

Rockies, Southwest Points Rise in Overall Flat Market; Futures Slide

Friday’s trading found cash prices overall flat with Thursday, but points throughout the Rockies and as far south as the Permian Basin rebounded from an outage reported east of Bakersfield, CA. Midcontinent points rose, but Gulf Coast locations weakened. At the close of futures trading June had fallen 6.1 cents to $2.279 and July had slipped 5.9 cents to $2.371. June crude tumbled $4.05 to $98.49 following a weak employment report and hints of hedge fund liquidation.

May 7, 2012

Most Cash Points Firm; Futures Traders Ponder Market Bottom

Cash prices on Friday rose throughout the country except for in the Northeast following Thursday’s strength in futures, but the March contract eased as the market couldn’t shake the stranglehold of moderate weather and plump storage.

February 6, 2012

Traders Scramble, Prices Surge Following Chesapeake Cuts

Cash markets out West and at most points throughout the country posted healthy gains as an early announcement by Chesapeake Energy that they would shut in wells and cut back drilling (see related story) boosted quotes across the board with the exception of a few New England and Eastern Seaboard points. Futures responded in kind on heavy trading volume, yet traders were circumspect about whether the market was ready to completely put the brakes on its pervasive downtrend.

January 24, 2012

Marcellus Gas Inches Closer to Ontario

After a pause to settle landowner disputes along the right-of-way, action is resuming on a pipeline project that will turn the tables on Canadian natural gas exporters by importing U.S. production into Ontario and Quebec.

November 15, 2011

Light Weather-Based Load Extends Price Slide

Battered by seasonal early-fall weather throughout nearly all of the market, further loss of storage injection capability and the weekend decline of industrial load, the cash market fell at all locations but one Friday.

October 10, 2011

Pipeline Rules Are a Focus in Many States; PG&E Pushes On

Eyes have been opened and ears perked throughout the West, if not most states, since the fatal San Bruno pipeline rupture a year ago and the serious flaws exposed in Pacific Gas and Electric Co.’s (PG&E) natural gas operations. California stakeholders and regulators in other states have taken action or are contemplating new measures aimed at ensuring gas pipeline safety in their states.

September 21, 2011