While the debate rages over whether exporting liquefied U.S. natural gas is a good idea, stocks of natural gas liquids (NGL) are so abundant, export of some is viewed as a necessity. And in the United States, more chemical sector demand can’t come fast enough.
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Williams Exec: Get Crackin’ on Ethane Solutions
While the debate rages over whether exporting liquefied U.S. natural gas is a good idea, stocks of natural gas liquids (NGL) are so abundant, export of some is viewed as a necessity. And in the United States, more chemical sector demand can’t come fast enough.
New York Energy Official Lauds Natural Gas As ‘Bridge Fuel’
An energy official in New York Gov. Andrew Cuomo’s administration said natural gas is being viewed as a potential “bridge fuel” to the future, when technological advances will presumably open the door for renewables.
Pipelines: Some Have It, Some Don’t, Says Analysis
Investors have traditionally viewed long-haul natural gas pipelines as a relatively safe haven from risk; however, shifting trends in gas flows, “a much more proactive FERC” and the potential for higher maintenance expenses are changing that, according to an analysis by U.S. Capital Advisors.
Pipelines: Some Have It, Some Don’t, Says Analysis
Investors have traditionally viewed long-haul natural gas pipelines as a relatively safe haven from risk; however, shifting trends in gas flows, “a much more proactive FERC” and the potential for higher maintenance expenses are changing that, according to an analysis by U.S. Capital Advisors.
Administration’s Fracking Advisory Panel Under More Fire
The number of parties unhappy with the low level of industry representation on President Obama’s new hydraulic fracturing (fracking) advisory panel continues to grow as answers are sought and questions surrounding the Department of Energy’s (DOE) motives arise.
Hedgers Unmoved By Early Heat; July Weakens
July natural gas futures fell in active trading Monday as traders viewed the market as not having sufficient trending characteristics and others were unmoved by early heat. At the close July had fallen 11.1 cents to $4.646 and August had dropped 11.1 cents as well to $4.678. July crude oil tumbled $1.99 to $97.30/bbl.
‘Sell Now’ Trumps ‘Buy The Dips;’ July Weakens
July futures retreated Wednesday as traders booked gains and viewed current price levels as selling opportunities. Traders, however, see market psychology as having changed to one of buying on weakness. At the close July dropped 3.7 cents to $4.629 and August shed 3.3 cents to $4.667. July crude oil tumbled $2.41 to $100.29/bbl.
Wind Industry Looks Over Shoulder at Gas
Normally viewed as complementary, the natural gas and wind industries found themselves more at odds last week as the American Wind Energy Association (AWEA) kicked off its annual meeting in Anaheim, CA. Windpower 2011 was less bullish than in recent years in announcing growth in megawatts and jobs, and more adversarial on regional and national debates.
Wind Industry Looks Over Shoulder at Gas
Normally viewed as complementary, the natural gas and wind industries found themselves more at odds Monday as the American Wind Energy Association (AWEA) kicked off its annual meeting in Anaheim, CA. Windpower 2011 was less bullish than in recent years in announcing growth in megawatts and jobs.