No points were left untouched Thursday as overall cash prices tumbled on average 13 cents. The Northeast suffered not only from a moderate weather outlook but also the arrival of copious quantities of liquefied natural gas (LNG) that entered the market.
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Canada’s Deep Gas Reserves Still Untouched, Says Apache Exec
Nearly all of the deep natural gas resources more than 18,000 feet beneath Canada’s basins remain untouched, which may result in some “tremendous” opportunities in the years to come, an Apache Corp. executive said last week.
Canada’s Deep Gas Reserves Still Untouched, Says Apache Exec
Nearly all of the deep natural gas resources more than 18,000 feet beneath Canada’s basins remain untouched, which may result in some “tremendous” opportunities in the years to come, an Apache Corp. executive said Wednesday.
CA Releases Bioenergy Plan; Governor’s Action Plan to Follow
Leaving no area of alternative fuels untouched, the California Energy Commission (CEC) Monday released a plan and set of recommendations for the stepped up development of biomass — biologically derived renewable materials that can produce heat, power, transportation fuels and what state officials think can be other valued-added products and chemicals.
Independents Will Produce With Tax Breaks and Fewer Drilling Restrictions
While proposals to open up untouched areas in Alaska and off the U.S. coasts have gotten more headlines, the Independent Petroleum Association of America (IPAA), whose members produce 75% of the domestic U.S. gas supply, is happy with provisions in the current energy bill that will increase access to federal lands in the lower 48 and provide financial incentives for small producers to drill.