Monthly Archives: September 2007

No new Houston/Dallas power plants for 15 years! (sort of)

Dallas and Houston could meet most of their new power needs over the next 15 years with greater efficiency and renewable energy sources, according to a study released this week. According to the study by the Washington-based American Council for an Energy-Efficient Economy, 101 percent of Dallas- Fort Worth’s load growth and 76 percent of […]  More »

Underground CO2 storage can be done "off the shelf" says UT prof.

Carbon sequestration – injecting the carbon dioxide emitted from power plants into the ground for long-term storage – is a greenhouse gas reduction method that is well within the energy industry’s reach, according to a new study published by University of Texas professor Steve Bryant. A really simplistic view of carbon sequestration. DOE. The feasibility […]  More »

Moody's: E&P boards a bit 'provincial'

Ratings firm Moody’s issued a report on the governance of independent exploration and production companies this week, and it wasn’t exactly flattering to the men and women who sit on the board’s of those companies. In a study of the key governance features of the 13 investment-grade North American independent exploration and production (E&P) companies […]  More »

Creative wind power finance

Irish wind power company Airtricity, Inc. has signed a multi-year hedge agreement with Coral Energy — Shell’s trading shop — for Airtricity’s 126.5 megawatt Champion Wind Farm, 40 miles west of Abilene. Big blades keep on turning. The agreement helps get bank financing for the project and gives the project a hedge against drops in […]  More »

Producers turn off the nat gas spigot

Some U.S. natural gas producers are shutting in their production as prices drop below levels where they believe they can be profitable. Chesapeake Energy, one of the largest gas suppliers, said for the second year in a row it would cut drilling and production levels in response to falling natural gas prices. And firms Questar, […]  More »

Gasoline supply at record lows

The Energy Information Administration says U.S. gasoline stockpiles are at their lowest level ever following a 4.0 million barrel drawdown at the end of August while demand remained high at 9.626 million bpd. DOE supply data. According to DTN’s Oilspot News: “[N]ot only is the absolute level of inventories low, but in terms of days […]  More »