Oil prices drop after reports Saudi Aramco has restored output capacity to pre-attack levels Oil futures sank on Monday, sending U.S. prices to their lowest settlement in a month, after reports that Saudi Aramco has fully restored production capacity that was lost to the crippling attacks on Saudi oil facilities earlier in September. Click here […]
Natural Gas News – November 22, 2017 Pennsylvania House leaves Marcellus Shale tax up in the air The Seattle Times reported: HARRISBURG, Pa. (AP) — Legislation in the Pennsylvania House of Representatives to impose a long-sought tax on Marcellus Shale natural gas production is up in the air until December. The Republican-controlled House adjourned until […]
Nat Gas News – November 21, 2017 Houston puts forth liquefied natural gas proposal News-Miner reported: FAIRBANKS — Exporting liquefied natural gas to other parts of the state has long been on the radar for residents of Houston, Alaska, but it wasn’t until two years ago when a new railroad spur was constructed that this […]
Nat Gas News – June 16, 2017 BP Energy Partners Selling Midstream Portfolio Company – Sources Nasdaq reports:BP Energy Partners, an energy investment company backed by oil tycoon T. Boone Pickens, is selling portfolio company Pinnacle Midstream, according to four sources familiar with the matter. Houston-based Pinnacle, which operates natural gas and crude gathering, processing […]
Nat Gas News – May 23, 2017 In the News Sempra proposes natural gas pipeline from Miramar to Rainbow San Diego Reader reports: Sempra Energy, the parent company of both San Diego Gas & Electric and SoCalGas (serving Riverside County), is in the planning stages for a massive new $600 million natural gas pipeline running […]
Nat Gas News – May 22, 2017 In the News The Future of Natural Gas Development on the Western Slope WesternSlopeNow.com reports: Around 35% of Colorado is federally owned land, managed by agencies like the National Forest Service, National Park Service, and the Bureau of Land Management. The Western Slope is a resource rich area, […]
Nat Gas News – May 11, 2017 In the News Williams Turns to Trump for Help Approving Delayed Gas Pipeline Bloomberg reports: A year after New York rejected a key permit for the $925 million Constitution natural gas pipeline, developer Williams Co. is appealing to a higher authority:the White House. Williams and labor unions are […]
Nat Gas News – May 10, 2017 In the News Trump to nominate Powelson, Chatterjee to FERC Utility Dive reports: President Trump will nominate Robert Powelson, a member of the Pennsylvania Public Service Commission, and Neil Chatterjee, a longtime aide to Senate Majority Leader Mitch McConnell to seats on the Federal Energy Regulatory Commission. Power […]
Nat Gas News – May 9, 2017 In the News Tokyo Gas takes a stake in Castleton oil and gas unit The Financial Times reports: Tokyo Gas acquired a 30 per cent equity interest in Castleton Resources, a unit of Castleton Commodities that owns more than 160,000 net acres in eastern Texas with net gas […]
Note: This is the third and final installment of CCJ’s series on natural gas’ role in trucking Gas pump The price of a gallon of diesel hovered around $4 from 2011 to 2014, which made a strong business case for fleets interested in lower cost and cleaner burning natural gas. However, the average price of […]
