| 1. North American Gas Trading 1Q2010: 'A Market in Search of Demand' |
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from Natural Gas Intelligence Jun 14, 2010
Hints of an economic turnaround weren't enough to pull natural gas marketing out of the doldrums during the first three months of this year, according to NGI's 1Q2010 Top North American Gas Marketers Ranking, which found that the 22 reporting marketers that also participated in the 1Q2009 survey transacted 122.85 Bcf/d in 1Q2010, an increase of less than 1% compared with the 121.87 Bcf/d they reported in the year-ago period. Those same 22 marketers reported a less than 1% decrease in NGI's 4Q2009 survey compared with the year-ago period.( more )
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| 2. Pennsylvania Steps Up Pressure on Marcellus Drillers |
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from Natural Gas Intelligence Jul 5, 2010
A $28 billion 2010-11 state budget was passed last Wednesday by Pennsylvania legislators but a severance tax on natural gas drilling, which budget negotiators agreed to in principle, was not included in the bill. Instead, Pennsylvania House and Senate members agreed to enact a severance tax by Oct. 1 to take effect by Jan. 1.( more )
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| 3. Clock Is Ticking on 2011 Gas Price Hedging, Says Barclays |
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from Natural Gas Intelligence Aug 16, 2010
Natural gas price hedges have played a big part in sustaining the onshore rig count to date, but that may not be the case in 2011, Barclays Capital analysts said last week. What may be key, they said, are 2011 forward prices.( more )
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| 4. Producers Decry Obama's Halt to Offshore Drilling |
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from Natural Gas Intelligence May 31, 2010
While acknowledging the country's growing frustration with BP plc's inability to stop the oil gushing in the Gulf of Mexico (GOM), a major producer group last Thursday called on President Obama to reconsider his decision to halt or suspend drilling or planned drilling in the GOM and offshore Alaska and Virginia in response to the explosion on the Deepwater Horizon rig and mammoth oil spill.( more )
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| 5. BP Spill, Anti-Fracing Film Cast Shadow on Gas Patch |
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from Natural Gas Intelligence Jun 28, 2010
Natural gas drilling is facing pushback in Pennsylvania, Michigan and New York from some whose fears of energy development have been stoked by the BP plc well blowout and spill disaster in the Gulf of Mexico (GOM). And worries about hydraulic fracturing (fracing) well stimulation techniques aren't going away either as a new anti-drilling film on the topic is now playing on big and small screens.( more )
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| 6. Expectations Low for Sustained Higher Gas Prices |
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from Natural Gas Intelligence Jul 5, 2010
It will take more than a single event to lift keep natural gas prices sustainably higher, energy analysts predicted last week.( more )
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| 7. Analysts: Won't Love Gas 'For Good, Long While' |
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from Natural Gas Intelligence Aug 16, 2010
A plethora of natural gas shale deposits, persistently high rig counts, hedging and available debt capacity have stifled domestic natural gas prices for possibly three years, analysts at Tudor, Pickering, Holt & Co. (TPH) said last week. Tradition Energy analysts also blamed "the poor prospect of economic growth in the second half of the year" in revising down its gas price forecast.( more )
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| 8. GasMart 2010: Throw Out Forecasts, Says ConocoPhillips Exec |
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from Natural Gas Intelligence May 17, 2010
Trying to figure out where the North American natural gas markets are headed over the next decade -- or even the next five years -- is a nearly impossible task, a panel of executives said last week at GasMart 2010 in Chicago.( more )
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| 9. Enterprise Lays Out Big Plans in the Eagle Ford Shale |
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from Natural Gas Intelligence Jul 5, 2010
Enterprise Products Partners LP is targeting the Eagle Ford Shale for infrastructure development in a big way, last week announcing multiple projects that include hundreds of miles of pipe and additional processing and fractionation capacity. The partnership plans to extend and expand its gas and natural gas liquids (NGL) capabilities in South Texas and Mont Belvieu, TX, its traditional backyard.( more )
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| 10. Pennsylvania Steps Up Pressure on Marcellus Drillers |
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from Natural Gas Intelligence Jul 5, 2010
A $28 billion 2010-11 state budget was passed last Wednesday by Pennsylvania legislators but a severance tax on natural gas drilling, which budget negotiators agreed to in principle, was not included in the bill. Instead, Pennsylvania House and Senate members agreed to enact a severance tax by Oct. 1 to take effect by Jan. 1.( more )
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