The slip-sliding natural gas market plumbed new seven-year depths Tuesday, and industry watchers warned that overflowing storage facilities and tepid demand could push prices still lower. For full story, click here
The developing natural gas industry in Pennsylvania will create jobs and offer opportunities for local residents. For full story, click here
The government of Alberta, sideswiped by the slumped and depressed natural gas prices, is stepping up its efforts to resuscitate drilling and compete against massive supplies of shale gas from British Columbia and the United States. For full story, click here
A precipitous dip in the price of natural gas means lower bills for some electricity consumers but spells trouble for coal producers, long the dominant source of fuel for the electric-power industry. James Daly, director of gas and energy supply for Nstar, stated: Nobody was talking about $3 gas a year ago. For full story, [...]
U.S. lawmakers has unveiled a bill that industry warns could prevent development of trillions of cubic feet of natural gas by putting regulation of a key production technique under federal oversight. For full story, click here
U.S. lawmakers Tuesday has unveiled a bill that industry warns could prevent development of trillions of cubic feet of natural gas by putting regulation of a key production technique under federal oversight. For full story, click here
As per a Calgary-based energy consultant, unconventional sources of natural gas will account for more than half of North American supply by 2020, despite a current industry slowdown. Simon Mauger, director of gas services for Ziff Energy, stated: Growing shale gas production is changing the mix of North American gas supply. For full story, click [...]
Fundamental changes in the natural gas market may create big savings for consumers, but at the same time create big problems for the industry. Ed Kallio, manager of gas consulting at Ziff Energy Group in Calgary, said: The best cure for low prices are low prices, because the industry stops drilling. For full story, click [...]
An industry group reported that natural gas drilling in the Barnett Shale produces far less air pollution than an SMU researcher estimated in a publicized study last month, escalating a war of words that has been going on since the fall. For full story, click here
The gas industry in Texas continues to expand at a brisk pace. The Texas Petro Index, which is a compilation of economic indicators in the oil and gas industry, was 279.6, setting another record. For full story, click here
Get our independent commentary on gas trends and companies delivered to your inbox.
