| 1. Bentek Expects Sub-$2 Prices by September
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from NGI's Daily Gas Price Index Feb 1, 2012
Robust output from the nation's shale plays and relatively mild winter weather continue to force analysts to trim their price forecasts.
( more )
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| 2. ConocoPhillips to Shut In 100 MMcf/d of North American Gas
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from NGI's Daily Gas Price Index Jan 26, 2012
Core development areas in North America going forward will be on liquids-rich onshore properties in the Lower 48 and Canada, as well as the Gulf of Mexico and Alaska.
( more )
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| 3. Kinder Mulling Rockies Express Backhauls, LNG Exports
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from NGI's Daily Gas Price Index Jan 26, 2012
The Marcellus Shale is weighing on the pipeline's market area, but the shale revolution brings opportunity to some of the company's other pipelines.
( more )
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| 4. Raymond James: 40% Decline in U.S. Dry Gas Rig Count by Year's End
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from NGI's Daily Gas Price Index Jan 31, 2012
The wet gas rig drilling count is forecast to "bleed modestly," said the energy team.
( more )
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| 5. Oxy to Reduce Gas Drilling in North America
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from NGI's Daily Gas Price Index Jan 26, 2012
The producer plans to focus on oil and liquids because low natural gas prices are "horrible," said CEO Stephen Chazen.
( more )
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| 6. REX Rating Cut on Recontracting Risk
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from NGI's Daily Gas Price Index Jan 31, 2012
Standard & Poor's Ratings Services cited compressed basis spreads due to growing Marcellus Shale production.
( more )
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| 7. FirstEnergy to Shut Six Coal-Fired Plants
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from NGI's Daily Gas Price Index Jan 27, 2012
It is a move to de-carbonize and rely more on natural gas, nuclear and renewable-based generation.
( more )
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| 8. Obama Rides 'Natural Gas Highway,' Fuel Provider Says
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from NGI's Daily Gas Price Index Jan 30, 2012
The president and a California-based fuel provider are touting natural gas as the equivalent of $1.50/gallon gasoline.
( more )
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| 9. Canadian Drilling Forecast Slashed
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from NGI's Daily Gas Price Index Jan 30, 2012
Low prices and a shortage of skilled labor will slow drilling operations this year, the Petroleum Services Association of Canada said.
( more )
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| 10. BG Group Raises Gulf Coast LNG Export Stake
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from NGI's Daily Gas Price Index Jan 27, 2012
BG Gulf Coast LNG has signed up for more output from the proposed Sabine Pass Liquefaction terminal on the Gulf Coast.
( more )
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