Uncertainty

While uncertainty and volatility may lurk just around the corner, for short-term natural gas supplies, demand and prices should remain stable in the water-dominated Pacific Northwest, stakeholders told the Oregon Public Utility Commission (PUC) on Wednesday.

Despite continuing uncertainty over the world economy, optimism is running high that salaries at oil and gas companies will increase over the next year.

Following the ups and downs of the last few regular trading sessions, natural gas futures traders highlighted the uncertainty on direction in the market on Tuesday as the December contract traded in a nearly 20-cent range between $3.750 and $3.928 before closing at $3.870, up 3.8 cents from Monday’s finish.

The sharp contraction in the Texas oil and gas economy began to ease as 2009 came to an end, but uncertainty persists about the future of the state’s energy industry with the oversupply of domestic natural gas, a petroleum economist said last week.

The sharp contraction in the Texas oil and gas economy began to ease as 2009 came to an end, but uncertainty persists about the future of the state’s energy industry with the oversupply of domestic natural gas, a petroleum economist said Tuesday.

The sharp contraction in the Texas oil and gas economy began to ease as 2009 came to an end, but uncertainty persists about the future of the state’s energy industry with the oversupply of domestic natural gas, a petroleum economist said Tuesday.

California has hedged itself reasonably well against the continuing uncertainty of natural gas prices and supplies, but the state needs to foster development of more regional western transmission pipeline and storage infrastructure while also determining the long-term potential for more shale gas, given the adverse environmental impacts it can carry. This is the essence of the natural gas portion of the state’s latest Integrated Energy Policy Report (IEPR), which is predominantly focused on the electricity sector.

California has hedged itself reasonably well against the continuing uncertainty of natural gas prices and supplies, but the state needs to foster development of more regional western transmission pipeline and storage infrastructure while also determining the long-term potential for more shale gas, given the adverse environmental impacts it can carry. This is the essence of the natural gas portion of the state’s latest Integrated Energy Policy Report (IEPR), which is predominantly focused on the electricity sector.

California’s natural gas outlook contains growing uncertainty fueled by an inadequate pipeline/storage system, declining viability for liquefied natural gas (LNG) imports, and added U.S.domestic supplies from shale carrying too much carbon-emitting baggage, according to three draft reports developed by the California Energy Commission (CEC) staff that were released last Wednesday.