Nat Gas News – April 13, 2017

Nat Gas News – April 13, 2017

In the News

New U.S. pipelines to drive natural gas boom as exports surge

Reuters reports: U.S. energy firms are scrambling to finish a slew of pipelines that will unleash rich reserves of shale gas in Pennsylvania, West Virginia and Ohio as the nation prepares to become one of the world’s top natural gas exporters. The network will bring cheaper fuel supplies for power generation and industry being built in the eastern half of Canada and the United States, especially along the U.S. Gulf Coast. It would also transport the huge volumes needed to feed facilities that chill the gas to liquid so it can be shipped internationally. The completion of the lines will be a welcome boon for the firms and their investors after a tough couple of years. A slump in international energy prices led to reduced demand for new oil and gas pipeline capacity from producers. For more visit reuters.com or click the following link: http://reut.rs/2p7mgNa

Portland commits to using 100% renewable energy by 2050

LNG Industry reports: Portland and Multnomah County’s top elected leaders committed Monday to transitioning to 100 percent renewable energy sources by 2050. Monday’s announcement was heavy on grand pronouncements but light on financial details. The city and county  can lead the way in some respects, but much of the heavy lifting will depend on utilities and the market for electric vehicles accelerating. Portland and the county join 25 other U.S. cities that have made the 100 percent pledge in recent years. Salt Lake City and San Diego, for example, plan to ease off coal and natural gas by 2032 and 2035 respectively. For more visit lngindustry.com or click http://bit.ly/2p7I37d

 

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