Category: Natural gas

West Texas crude settles below $90 a barrel

“You are seeing pretty good growth in oil supply and that’s weighing on the market,” an investor says.  More »

The More Things Change, The More They Stay The Same

The above phrase is from the translation of  ’plus ça change, plus c’est la même chose‘ by the French novelist Jean-Baptiste Alphonse Karr. Regardless, not only is it great, but also highly applicable to a veritable selection of shenanigans going on across energyland™.  First up – or actually first and second up, are two examples […]  More »

Dominion Natural Gas exports plan gets federal OK

In its decision, the Federal Energy Regulatory Commission concluded that the project would minimize potential adverse impacts on landowners and the environment.  More »

Consumer spending report boosts oil futures

Oil for November delivery increased $1.03 to $94.57 a barrel.  More »

Gas drillers draw less water, but concerns linger

The gas drilling industry in Pennsylvania is recycling more and more water and one river basin commission now reports drillers there are drawing less freshwater than in the past.  More »

NiSource joins utility trend in forming MLP

NiSource has announced plans to spend about $8 billion to $10 billion over the next five to 10 years to expand and upgrade pipelines serving the Marcellus and Utica shale formations.  More »

West Virginia opens bids on drilling under Ohio River

Noble Energy, Gastar Exploration and Statoil submitted bids with 20 percent royalty rates. State officials plan to pick winners in the next week or two.  More »

Rigs targeting gas in U.S. gain on rise in Texas drilling

The rebound in gas rigs threatens to come at the expense of oil drilling, as U.S. crude has dropped by more than $10 a barrel over the past three months.  More »

Gasoline futures surge, crude prices decline

Gasoline futures gained 5.42 cents, or 2 percent, to end at $2.718 a gallon on the New York Mercantile Exchange.  More »

Hess planning IPO for midstream MLP

Several Hess midstream assets in North Dakota and Minnesota will be part of the offering.  More »

Dynegy’s CEO says the company is in it for the long run

Once Dynegy’s two deals close early next year, Dynegy’s workforce should grow from around 1,600 employees to 2,600.  More »

Crude advances after inventories drop to 8-month low

Oil for November delivery gained $1.24 to end at $92.80 a barrel.  More »
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