| 1. EnCana Says Low Gas Prices 'Here to Stay' |
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from Natural Gas Intelligence Feb 15, 2010
EnCana Corp. is a big believer in the future of North American natural gas but low gas prices "are here to stay...and not likely to again rise to historical levels," CEO Randy Eresman said Thursday.( more )
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| 2. Industrial Gas Demand Up, But Is It Enough? |
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from Natural Gas Intelligence Mar 8, 2010
Energy analysts scouring the government's monthly natural gas production and industrial gas demand statistics for bullish signs now see a tightening market based both on anecdotal evidence and the Energy Information Administration's (EIA) monthly report for December.( more )
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| 3. Gas vs. Coal: Grudge Match Set This Summer
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from Natural Gas Intelligence Mar 1, 2010
Natural gas-fired power plants will likely give coal-fired generators some time off this summer, at least in some regions of the country, as coal and gas are set to fight for market share for a second year in a row and coal will help define gas prices for a portion of the year, analysts at Barclays Capital said last week.
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| 4. EOG's Papa Thinks EIA Data 'Consistently Overstating' Gas Production |
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from Natural Gas Intelligence Feb 15, 2010
EOG Resources Inc. is holding to its belief that the Energy Information Administration (EIA) 914 data is "consistently overstating" U.S. natural gas production and has modeled a decline in gas output of 3 Bcf/d by the end of this year, CEO Mark Papa said Wednesday.( more )
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| 5. Storage Refill Will Boost Prices, Says Analyst |
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from Natural Gas Intelligence Mar 8, 2010
"In less than six weeks, the industry will enter the summer injection season with significantly less working gas in storage than originally anticipated," a Credit Suisse analyst said recently, noting that this will serve to put a floor under gas prices.( more )
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| 6. Producers Flocking to Eagle Ford Shale for Gas and Oil |
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from Natural Gas Intelligence Feb 22, 2010
From a trough of 17 drilling rigs last summer to a current rig count that stands above 40, natural gas and oil producers are flocking to the Eagle Ford Shale in South Texas, which holds the potential for a big nest egg of returns.( more )
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| 7. Obama to Meet GOP Halfway on Energy Issues |
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from Natural Gas Intelligence Feb 15, 2010
In a White House session with congressional leaders last Tuesday to form consensus on key legislative issues, President Obama said he would be willing to meet Republicans halfway on energy issues. He further said Democrats and Republicans needed to come together on legislation that promotes both clean and traditional sources of energy.( more )
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| 8. Gas Rig Count Recovery Likely to Halt Production Decline, Say Analysts |
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from Natural Gas Intelligence Feb 15, 2010
The accuracy of Energy Information Administration (EIA) 914 production data may be in dispute (see related story), but Barclays Capital energy analysts said last week the U.S. natural gas drilling rig count has advanced for 29 weeks, which may arrest production declines this year.( more )
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| 9. House Energy Panel Scrutinizes Hydrofracing
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from Natural Gas Intelligence Feb 22, 2010
The House Energy and Commerce Committee last Thursday said it opened an inquiry into the potential health and environmental risks associated with hydraulic fracturing (hydrofracing) of unconventional natural gas resources.
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| 10. EPA Chief, Legislators Face Off over Endangerment Decision |
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from Natural Gas Intelligence Mar 1, 2010
The head of the Environmental Protection Agency (EPA) last Tuesday defended the agency's endangerment finding for regulating greenhouse gas (GHG) emissions against an onslaught of criticism from members of Congress, some of whom contend that it is based on faulty science and that the debate over whether global warming really exists is unsettled.( more )
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