Transformed

Shale natural gas has dramatically transformed the outlook for U.S. energy supplies and is having “profound” economic impacts on creating jobs and stimulating growth, as well as bolstering tax revenue and reducing consumer energy costs, according to a study by IHS Global Insight.

As the natural gas landscape continues to be transformed by booming shale production and renewables emerge on a parallel path, gas industry stakeholders are increasingly focused on the concept of a “smarter,” more flexible gas delivery system along the lines of the electric industry smart grid. Eventually the two need to coalesce, according to a Gas Technology Institute (GTI) technical expert focused on the subject.

As the natural gas landscape continues to be transformed and renewables emerge on a parallel path, gas industry stakeholders are increasingly focused on the concept of a “smarter,” more flexible gas delivery system along the lines of the electric industry smart grid. Eventually the two need to coalesce, according to a Gas Technology Institute (GTI) technical expert focused on the subject.

The surge in natural gas drilling that has transformed Colorado’s landscape and plumped its coffers appears headed for a plateau as producers cut back spending and reduce rig counts for a variety of reasons: lower gas prices, credit market turmoil, limited pipeline capacity and the possibility of more stringent state regulations.

The surge in natural gas drilling that has transformed Colorado’s landscape and plumped its coffers appears headed for a plateau as producers cut back spending and reduce rig counts for a variety of reasons: lower gas prices, credit market turmoil, limited pipeline capacity and the possibility of more stringent state regulations.

Energy traders were blindsided Friday as the surging prices across the board on Thursday transformed into even larger losses to finish the week. After a two-day stay north of $8, September natural gas futures plunged below the psychological support level, recording a new low for the down move of $7.768 before closing at $7.843, down 40.9 cents on the day and 24.9 cents lower than the previous week’s finish.

The abundant information available about North American natural gas flows in the pipeline grid already has transformed the physical gas market, and its influence over the entire energy complex will only build in the coming year, two long-time industry experts assert.

The abundant information available about North American natural gas flows in the pipeline grid already has transformed the physical gas market, and its influence over the entire energy complex will only build in the coming year, two long-time industry experts assert.

FERC is being transformed by the 2005 Energy Policy Act (EPAct) to more of an enforcement agency rather than an accounting-focused government agency, said Commissioner Marc Spitzer, who spoke last week at the Western Power Supply Forum II in Burlingame, CA. This is a transition that began at the state regulatory commission level, from which Spitzer just emerged in Arizona to his role as a new federal regulator.