Natural Gas News – December 12, 2018

Natural Gas News – December 12, 2018

A Natural Gas Pipeline Explosion in British Columbia Spikes Prices in Portland and Raises Questions About Oregon’s Energy Future

Willamette Week reported: In October, a natural gas pipeline ruptured outside a British Columbia town called Prince George, sending a fireball skyward. The aftershocks from that blast are still being felt in Portland. Last week, the Oregon Public Utility Commission held a special meeting to consider the implications of the rupture, which extend far beyond short-term price spikes. “We haven’t expanded our capacity to move gas since the early 1990s,” says Ed Finklea, who represents large industrial customers. “If this region is really serious about switching to renewable energy, gas has to be really reliable.” For more on this story visit wweek.com or click https://bit.ly/2ryR7S9

Saulsbury Makes Strides on Processing Plants in U.S. Hot Spots for Natural Gas

Marketwatch reported: Saulsbury Industries (Odessa, Texas) is at the forefront of one of the fastest-growing sectors of the domestic energy market: natural gas production. The engineering, procurement and construction (EPC) company is at work on a slew of projects in the Permian Basin, SCOOP/STACK plays and other busy areas for gas extraction and processing. Industrial Info is tracking more than $3 billion in active projects involving Saulsbury, with more than 33% of the total investment value (TIV) attributed to projects that already have begun construction. Within this article: Details on some of the highestvalued projects involving Saulsbury, including those in the Permian Basin and SCOOP/STACK plays from companies such as Apache Corporation, Vaquero Midstream and Cardinal Midstream LLC. For more on this story visit marketwatch.com or click https://on.mktw.net/2SHZtm5

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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.

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