The well-worn paths for global natural gas, traditionally traced along the trade flows of liquefied natural gas (LNG) expansions, have been rerouted as unconventional gas — and especially shale — has washed out old bridges, according to the International Gas Union (IGU) and IHS Inc.
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Unconventional Gas Mapping New Global Trade Route
The well-worn paths for global natural gas, traditionally traced along the trade flows of liquefied natural gas (LNG) expansions, have been rerouted as unconventional gas — and especially shale — has washed out old bridges to the past, according to a report by the International Gas Union (IGU) and IHS Inc.
Many Not Thrilled With West Virginia’s New Marcellus Law
One day after HB 401 — also known as the Natural Gas Horizontal Wells Control Act –garnered overwhelming support in both houses of the West Virginia legislature (see Shale Daily, Dec. 15), advocates for the shale gas industry, surface owners’ rights and the environment told NGI’s Shale Daily on Thursday that the bill isn’t all they had hoped for.
Bulls Can’t Hold Early Gains; Futures Close Lower
Falling into a rather well worn pattern, June natural gas futures Thursday expanded the upside of the recent move by a few pennies before crashing back down to earth. The prompt-month contract notched a $11.428 high in the minutes that immediately followed the natural gas storage report’s release before retreating to close at $11.263, down 6.4 cents from Wednesday.