Wind

Revisiting his initiative to repeal the $4 billion in subsidies that taxpayers provide the oil and gas industry each year, President Obama on Thursday reiterated part of his State of the Union address that there’s only one real path forward for America’s future: an “all of the above” approach that develops every source of energy available.

U.S. resource plays that are spewing out natural gas and oil have virtually cleared producer calendars of speculative drilling and made for an energy supply bounty that is becoming the envy of numerous companies around the world, speakers at a Houston energy conference said.

U.S. landlubber SandRidge Energy Inc. has taken the wind out of the sails of investors eager to take part in an initial public offering (IPO) of Dynamic Offshore Resources LLC after agreeing to buy the Gulf of Mexico (GOM) producer outright for nearly $1.28 billion.

U.S. landlubber SandRidge Energy Inc. has taken the wind out of the sails of investors eager to take part in an initial public offering (IPO) of Dynamic Offshore Resources LLC after agreeing to buy the Gulf of Mexico (GOM) producer outright for nearly $1.28 billion.

The groundwater in Pavillion, WY, contains chemicals that are normally used in natural gas production practices, such as hydraulic fracturing (fracking), according to a draft report released by the Environmental Protection Agency (EPA) Thursday.

While separate regulatory commission and fire department investigations are ongoing, Puget Sound Energy (PSE) determined Tuesday it is probable that a wind-toppled tree in a north Seattle residential neighborhood caused a gas leak at a home blocks away that resulted in an explosion at 6 a.m . Monday. The married couple inside the home were being treated for various burn-related injuries and the home was leveled, a PSE spokesperson told NGI Tuesday.

The prospect for increased development of natural gas-fired peaking generation plants to back up added wind generation in the Pacific Northwest has prompted the need for added gas storage. An analysis is under way to determine whether existing underground storage or newly developed above-ground liquefied natural gas (LNG) is the best option for assuring power system reliability in the region.

Wind and solar projects now being approved in California are mostly above the state’s market price referent (MPR), which is supposed to keep them cost-effective, a state regulator told an energy conference in San Francisco Monday.

A temporary, albeit modest, upcoming respite from frigid conditions took the wind out of the Northeast’s recent price spike sails Tuesday, causing citygates to plunge by more than a dollar in many cases. However, small gains remained in play for most of the rest of the market as cold temperatures continued to dominate the overall weather scene.