Toward

Early indicators as of January point toward significant opportunities for coal-to-natural gas switching in the electric generation sector this year with gas prices estimated to stay in the $2.50-3.00/Mcf range, according to recent analyst notes. This situation will be particularly ripe in the East.

Early indicators are pointing toward significant opportunities for coal-to-natural gas switching in the electric generation sector this year with gas prices estimated to stay in the $2.50-3.00/Mcf range, according to recent analyst notes. This situation will be particularly ripe in the East.

The Pennsylvania Department of Environmental Protection (DEP) is looking for ways to get the natural gas industry to use polluted discharge from old mines.

Natural gas, which had taken a backseat to numerous issues during the first three years of the Obama administration, may be poised to move toward the top of the agenda in the president’s State of the Union speech.

Statistics compiled by the Railroad Commission of Texas (RRC) tell a tale of booming production in the liquids-rich Eagle Ford Shale, with an increased emphasis on oil and condensate in the play and significantly more flaring of gas statewide.

Two transactions completed late in 2011 have helped Chesapeake Energy Corp. achieve “substantial progress” toward a goal of reducing debt by 25% by the end of this year, the company said last week.

Two transactions completed late in 2011 have helped Chesapeake Energy Corp. achieve “substantial progress” toward a goal of reducing debt by 25% by the end of this year, the company said Tuesday.

Trends toward milder temperatures prompted price declines at a large majority of points Friday. The bearish weekend impact of reduced industrial load was heightened by the Christmas holiday being taken off Monday.

Kodiak Oil & Gas Corp. says it plans to spend $585 million on capital expenditures (capex) in 2012, with $550 million going toward drilling and completing of 73 gross (51 net wells) in the Williston Basin, $25 million for infrastructure and $10 million for miscellaneous acreage acquisitions.