Traveled

A state official said a bill advancing in the Pennsylvania General Assembly that offers tax breaks to large businesses could also be used to help the state lure an ethane cracker and the thousands of jobs it would provide.

In fairly muted summer trading, natural gas futures traders began this week much as they had last week as the August contract traveled a narrow 10-cent range before closing the regular session slightly lower. The prompt-month contract stayed between $4.454 and $4.555 before finishing at $4.510, down nine-tenths of a penny from last Friday’s close.

A bipartisan pair of Alaska lawmakers recently traveled all the way to South Africa to learn about technologies that could lead to commercialization of the state’s vast natural gas resources. One idea is to use the state’s famous oil pipeline to carry natural gas liquids.

A bi-partisan pair of Alaska lawmakers recently traveled all the way to South Africa to learn about technologies that could lead to commercialization of the state’s vast natural gas resources.

Gas producers who’ve traveled around the country poking holes in the ground know that the flavor of what they get varies from basin to basin; some gas is wetter, some has a higher heat content, etc. Over the years since the manufactured gas industry evolved into the natural gas industry, consumers — residential, industrial, process, power generation — and their equipment have grown accustomed to the flavor of gas most prevalent in their particular region. One industry expert described this as an “accident of history.”

Gas producers who’ve traveled around the country poking holes in the ground know that the flavor of what they get varies from basin to basin; some gas is wetter, some has a higher heat content, etc. Over the years since the manufactured gas industry evolved into the natural gas industry, consumers — residential, industrial, process, power generation — and their equipment have grown accustomed to the flavor of gas most prevalent in their particular region. One industry expert described this as an “accident of history.”

Putting in a second “weak” trading day that had some market experts rumbling about an established top, May natural gas futures on Tuesday traveled no higher than $7.585 before settling at $7.572, down 2.2 cents on the session.

Canadian producers traveled to Ottawa last week to try shaking the Canadian capital out of its largely passive approach to the supply “crisis” threatening the continent, and “make energy resource development a national priority.”

Canadian producers traveled to Ottawa last week to try shaking the Canadian capital out of its largely passive approach to the supply “crisis” threatening the continent, and “make energy resource development a national priority.”