Natural Gas News – March 13, 2019
Natural Gas News – March 13, 2019
Natural Gas Offers Environmental-Friendly Fuel Alternative For Heavy-Duty Trucks, Buses and Tractor-Trailers
Tampa Bay Business Journal reported: In 2015, news broke that Volkswagen had orchestrated a massive scheme to install computer systems into vehicles that fooled emissions tests. The action allowed 500,000 diesel vehicles to be on the road spewing excess pollutants into the air. The impact was far-reaching, and Florida was among the hardest hit: 33,160 vehicles affected released more than 500 tons of excess nitrogen oxide (NOx), known to cause damage to the lungs and respiratory tract, into the environment. Now, VW is paying the price: The automaker is paying out $2.9 billion across all 50 states to compensate for the environmental harm it caused, and Florida is slated to receive $166 million of that total. The question is, how will that $166 million be spent? For more on this story visit bizjournals.com or click https://bit.ly/2CjFTH1
EIA: Increases In Natural Gas Production From Appalachia Affect Natural Gas Flows
World Oil reported: The 2019 Annual Energy Outlook (AEO2019) Reference case shows continued growth of natural gas production in the Mid-Atlantic and Ohio region from the Marcellus and Utica formations, resulting in increases of natural gas being transported to the Eastern Midwest and, ultimately, into the South Central region, which includes the Gulf Coast and Texas. While the South Central region itself contains shale plays that produce natural gas, such as the Wolfcamp in the Permian basin and the Haynesville, natural gas consumption in the region outpaces production in the Reference case, requiring additional supplies of natural gas from other regions to meet growing demand both within the region and for liquefaction facilities that would export natural gas to other countries. For more on this story visit worldoil.com or click https://bit.ly/2Hgiydw
This article is part of Daily Natural Gas Newsletter
Tagged:
MARKET CONDITION REPORT - DISCLAIMER
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.