The natural gas pipeline unit is strong and growing, and gas production is trending up, but it’s still tough to find enough “top quality, very talented employees,” El Paso CEO Doug Foshee said Tuesday.
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Florida Coal Plant on Hold Pending Environmental Summit
Florida Gov. Charlie Crist’s very public worries about greenhouse gas emissions have led a group of utilities to suspend permitting activities for a proposed 800 MW coal plant in the state, at least until after Crist’s upcoming summit on global climate change.
IEA: Global Gas Supplies Tight; Henry Hub Is Price to (Easily) Beat
A “very mild winter” in 2006-2007 took a lot of pressure off gas demand in what is becoming a strong suppliers’ market, according to a new report by the International Energy Agency (IEA), “Natural Gas Market Review 2007.” However, the study also found that the supply-demand balance is still tight.
IEA: Global Gas Supplies Tight; Henry Hub Is Price to (Easily) Beat
A “very mild winter” in 2006-2007 took a lot of pressure off gas demand in what is becoming a strong suppliers’ market, according to a new report by the International Energy Agency (IEA), “Natural Gas Market Review 2007.” However, the study also found that the supply-demand balance is still tight.
AGA: Consumers Heeding Utilities’ Natural Gas Conservation Warnings
Utilities that have been urging their customers to conserve energy over recent years found out something very interesting last Thursday — consumers are actually listening, according to a new report from the American Gas Association (AGA).
AGA: Consumers Heeding Utilities’ Natural Gas Conservation Warnings
Utilities that have been urging their customers to conserve energy over recent years found out something very interesting on Thursday — consumers are actually listening, according to a new report from the American Gas Association (AGA).
Prices See Double-Digit Gains at All Points
Forecasts for cooler — although only rarely very cold — weather in several areas caused cash prices to rise by double-digit amounts across the board Wednesday. The spot market also found support from Tuesday’s 24.9-cent advance by April futures. End-of-month balancing efforts also likely played a role in market firmness.
FERC Loses Jupiter Case Second Time Around at Fifth Circuit
The Fifth Circuit Court of Appeals once again remanded to FERC the circuitous case involving the jurisdictional status of a very small pipeline run by the Jupiter Energy Corp., owned by Unocal, which carries Unocal’s gas from a platform in the Gulf of Mexico in Vermilion Block 39 off the Louisiana coast to connections with Transcontinental Gas Pipe Line and Tennessee Gas Transmission.
March Slips a Nickel, Punxsutawney Phil Predicts Early Spring
March gas futures inched 5.4 cents lower Friday to $7.476 in a very quiet day of trading on this rare Feb. 2 when the famous Punxsutawney, PA groundhog failed to see his shadow, presaging an early spring. Little was revealed about what’s in store for this week, which is widely expected to be the coldest of the year for the Lower 48.
Globe to Be Warmest Ever in 2007, UK Forecasting Agency Says
Coming off a very warm end to 2006, one forecasting firm warns that the world hasn’t seen anything yet. The Met Office, which is the United Kingdom’s National Weather Service, said late last week that 2007 is likely to be the warmest year on record globally, beating out the current record set in 1998.