Tracked

Governors last week fast-tracked efforts to makeover statewide fleets with natural gas vehicles (NGV), announcing Friday that more than 100 bids were issued in the 22-state effort, with Chrysler, Ford, General Motors and Honda all wanting in on the action.

In the world of shale gas plays, the Haynesville is rather long in the tooth compared to the Eagle Ford, Marcellus and others. However, wells in the play are running “faster” for longer, enough so that production has continued to climb while the rig count has dropped. Analysts at Goldman Sachs said they’ve figured out how the Haynesville does it.

November natural gas futures tracked lower once again Wednesday along with major markets as investor confidence remained shaky despite a wave of global interest rate cuts. The Dow Jones Industrial Average fell another 189 points on the day, while November crude futures dropped $1.11 to close at $88.95/bbl and November natural gas futures shaved 2.6 cents to close at $6.742.

U.S. natural gas imports dipped slightly (0.5%) to 3,996 Bcf last year due primarily to fewer volumes coming from Canada, while exports to Mexico rose and liquefied natural gas (LNG) deliveries surged, according a new report released by the Energy Information Administration (EIA) Tuesday.

A database of actual prices in 18,320 natural gas transactions by five major generators and Coral Energy in California from October 2000 through June 2001 closely tracks the spot gas prices from publications as specified in the original power market mitigation formula by the Federal Energy Regulatory Commission, according to a report by an independent analyst.

A database of actual prices in 18,320 natural gas transactions by five major generators and Coral Energy in California from October 2000 through June 2001 closely tracks the spot gas prices from publications as specified in the original power market mitigation formula by the Federal Energy Regulatory Commission, according to a report by an independent analyst.