An ample supply of cheap natural gas has ignited a U.S. manufacturing surge projected to expand plant payrolls and drive demand for chemicals, machinery and steel through the end of the decade, according to a report released Thursday. More »
Natural gas lost 12 cents to $4.37 per 1,000 cubic feet.
The crisis in the Crimea is unlikely to mean a cutoff of natural gas deliveries to the Ukraine and Europe, an international energy think tank said Wednesday. More »
The surge in Gulf Coast petrochemicals and in natural gas fired generation, combined with the expected export of liquefied natural gas, could push up Louisiana’s demand for natural gas, creating a voracious market for the Haynesville and Marcellus shales. More »
More than a dozen environmental groups on Tuesday called on President Barack Obama to reject his previous support for natural gas and the drilling practices yielding the fossil fuel. The organizations also insisted that the administration’s handling of a proposed natural gas export facility on the Maryland coast is a test of the White House’s commitment to combating climate change. More »
Companies will need to invest $641 billion over the next two decades in pipelines, pumps and other infrastructure to keep up with the gas, crude oil and natural gas liquids flowing from U.S. fields, according to a study released Tuesday. More »
The new Ukrainian government soon will need its poor to pay even more for power and gas as it wrestles with protracted economic and political crisis. More »
The 11,065-foot span is raising speculation that it was the longest horizontal length that ever has been drilled on land and under a river, one of the biggest obstacles Mother Nature can throw at a pipeline drill. More »
Sixteen percent of the Europe’s gas flows through Ukraine, according to a study by the U.S. Energy Information Administration. More »
Growing efficiency of horizontal drilling and fracking is driving production increases in basins across the country, the U.S. Energy Information Administration said in a new report this week. More »
A plan to accelerate U.S. natural gas exports in response to Russia’s invasion of Crimea failed in the Senate on Wednesday, amid criticism that it could derail a Ukraine aid package.
China’s drop in exports in February fueled worries of a further slowdown in the world’s second-largest economy. More »