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The Wire

Natural gas stocks grow more than expected

Natural gas stockpile levels rose more than expected last week, the government said Thursday.

Ahead of the Bell: Rise in gas reserves expected

The Energy Department on Thursday is expected to report a build of 19 billion to 23 billion cubic feet of natural gas storage inventories for the week ended Nov. 13, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

Natural gas stocks grow in line with expectations

Natural gas stockpiles rose again last week, the government said Thursday, matching the lower end of analysts' forecasts.

Natural gas stocks climb to record high

Natural gas stockpile levels rose last week to a new high, the government said Thursday.

Analyst: Gas shale may be next bubble to burst

The promise of enough natural gas to last the United States more than 100 years based on discoveries of vast shale formations could be the country's next speculative bubble to burst, a speaker warned Monday at a conference exploring the notion that the world's oil and gas are diminishing rapidly.

Natural gas stocks grow more than expected

Natural gas stockpile levels rose more than expected last week, topping last week's record to reach a new high, the government said Thursday.

Natural gas stocks grow as expected

Natural gas stockpile levels rose last week, the government said Thursday.

Ahead of the Bell: Rise in gas reserves expected

The Energy Department on Thursday is expected to report a build of 66 billion to 70 billion cubic feet of natural gas storage inventories for the week ended Sept. 18, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

Chesapeake CEO convinced CNG popularity will grow

Chesapeake Energy Corp. CEO Aubrey McClendon remains so convinced of the fuel's future that he's even converted his personal vehicle to run on it.

Seasonal demand weakness hits Piedmont Natural Gas

Piedmont Natural Gas Inc. on Friday posted a fiscal third-quarter loss, driven by seasonal demand weakness in the natural gas market.

Meltdown 101: Will natural gas stay this cheap?

Natural gas prices are at seven-year lows and it looks like heating bills may be cheap for a while.

Delta Natural Gas declares dividend of 32.5 cents

Delta Natural Gas Co. said Friday its board declared a regular quarterly dividend of 32.5 cents.

Natural gas stocks grow less than expected

Natural gas stockpile levels rose less than expected last week, but they're still well above last year's levels, the government said Thursday.

Natural gas reserves increase as expected

Natural gas stockpile levels jumped last week, though the increase met expectations and demand for the fuel continues to sag, the government said Thursday.

Lawmakers eye more tax breaks for natural gas cars

Hoping to spur alternative vehicles, lawmakers want to double the size of tax breaks for buying cars that run on natural gas.

Natural gas reserves climbing

The Potential Gas Committee says estimated reserves of natural gas in the U.S. were up 35 percent at the end of 2008 from two years ago. Here is a breakdown of where the reserves are. Amounts are in trillions of cubic feet:

Natural gas stockpiles grew more than expected

Natural gas stockpiles rose more than analysts expected last week, the government said Thursday, as demand continues to lag.

Chesapeake Energy to cut natural gas production

Chesapeake Energy says it will cut natural gas production by 13 percent because of sustained drop in prices.

Homes that use natural gas for heat could save big

The 60 million American homes that rely on natural gas for heat can expect substantially lower bills next winter thanks to a glut in supply and the weak economy.

DOE says natural gas supplies unchanged last week

The amount of U.S. natural gas in storage did not change last week from the week before, as higher production offset regional consumption, a government report said Thursday.

Argentine gov't accuses gas co of 'irregularities'

Argentina accused a major natural gas distributor of "serious irregularities" on Monday — a week after government officials said they may be forced to take over the company if its service falters.

Hunt for gas lead drillers to NYC watershed

The hunt for the natural gas fields that could help make the U.S. more energy independent has brought developers to the edge of the watershed for one of the world's biggest cities.

Natural gas for winter heating should be plentiful

Despite supply interruptions caused by Hurricane Gustav, there should be plenty of natural gas available for heating this winter and prices are likely to stay about the same as last winter, natural gas producers said Thursday.

Indian company to pay $2.6B for Britain's Imperial

India's state-run Oil & Natural Gas Corp. has agreed to buy Britain's Imperial Energy PLC for $2.6 billion in a cash deal that will help ONGC meet surging fuel demand from its burgeoning domestic economy.

Natural-gas vehicles hot in Utah, where the fuel is cheap

Troy Anderson was at the gas pump and couldn't have been happier, filling up at a rate of $5 per tank. Anderson was paying 63.8 cents per gallon equivalent for compressed natural gas, making Utah a hot market for vehicles that run on the fuel.

The Vine
N.B. gas potential 'exciting' - Nova Scotia News - TheChronicleHerald.ca
Source: thechronicleherald.ca

Natural gas in US's nearby neighbor, New Brunswick, Canada, may exceed all expectations elsewhere. Someone could rethink the proposed platforms off Sable Island, Nova Scotia and pipeline to Quebec and invest a little closer to home.

Rudd's will to power - Alan Kohler
Source: businessspectator.com.au

The simplest, most effective way for Australia to meet any carbon emissions reduction targets that might be set in 2010, once the failed Copenhagen process is put back on track, is to replace two Latrobe Valley brown coal generators with gas.

America's Natural Gas Revolution
Source: Wall Street Journal

The biggest energy innovation of the decade is natural gas—more specifically what is called "unconventional" natural gas. Some call it a revolution.

Wages falling; the prices of imported goods are rising
Source: RGJ.com

Everyone remembers oil prices near $150 per barrel (July 2008). The price of natural gas peaked about then (June 2008) at $61.90/million BTUs. By mid-February, the prices of both of these commodities had fallen about 70 percent. But, since then, their prices have diverged.

New Way to Tap Gas May Expand Global Supplies
Source: The New York Times

This technology will teach the Middle East oil barons that an overpriced product will draw in substitute products that displace your apparent monopoly.

Gas Extraction Method Could Greatly Increase Global Supplies
Source: The New York Times

OKLAHOMA CITY — A new technique that tapped previously inaccessible supplies of natural gas in the United States is spreading to the rest of the world, raising hopes of a huge expansion in global reserves of the cleanest fossil fuel.

Win-Win: Using Natural Gas to Power New Heavy Trucks

In another attempt to bring forth no lose American solutions, I'd like to highlight the initiative by T. Boone Pickens to move forward with new legislation to require all new heavy trucks (such as 18 wheelers) be powered by natural gas. The problem:

Natural Gas ain't so clean
Source: Daily Kos

A recent study of Barnett Shale ambient air was evaluated by Wilma Subra, MacArthur (Genius) Award winning chemist. The study found amazing and very high levels of toxic chemicals including known and suspected human carcinogens and neurotoxins.

Sean Parnell: Alaska Can Meet U.S. Energy Needs - WSJ.com
Source: Wall Street Journal

The United States is now facing a decision on how to meet its future energy needs. In the coming months, the U.S. Department of the Interior will weigh whether to allow oil and gas exploration on Alaska's Outer Continental Shelf (OCS) to be expanded.

Oil heads lower with crude supply on rise
Source: MSNBC.com

Oil prices fell sharply Thursday for a second straight day as growing supplies of crude, gasoline and heating oil exposed how badly the recession has cut into energy demand.

International Renewable Energy Agency is in -- Abu Dhabi?

It's true. The new headquarters for the International Renewable Energy Agency will be in Abu Dhabi. Abu Dhabi, which is better known for its non-renewable energy, in the form of old-fashioned petroleum.

Too slick for Florida: Off-Shore Drilling
Source: The Orlando Sentinel

Dean Cannon keeps hawking his proposal to lift the state's ban on offshore drilling. The more you know about it, however, the more you come away from it convinced Florida shouldn't have anything to do with the thing in its current form.

World's river deltas sinking due to human activity
Source:

A new study led by the University of Colorado at Boulder indicates most of the world's low-lying river deltas are sinking from human activity, making them increasingly vulnerable to flooding from rivers and ocean storms and putting tens of millions of people at risk.

Pickens Argues for His Business Plan to Translate Into Policy
Source: WFIU Radio

Known for his "Pickens Plan" that pushes wind and natural gas investment, billionaire businessman T.

Gas Bonanza Investors Ready to Dive in Dead Sea for Black Gold
Source: Arutz Sheva News Briefs

An oil drilling consortium which includes companies that found billions of dollars in natural gas off the Haifa coast will begin in October to look for black gold in an area along the Dead Sea, according to Delek Group chief executive officer Yitzchak Tshuva.

Australia signs A$75 billion LNG to China, India & FALSELY claims LNG is "clean energy"
Source:

World leading per capita GHG polluter Australia has signed LNG deals with China and India worth A$50 billion and $25 billion, respectively & its Energy Minister Martin Ferguson FALSELY claims that LNG is "clean energy".

New Priorities For Our Energy Future
Source: Wall Street Journal

Renewable energy and clean-burning natural gas are the basis of a new strategy the world needs to create a cleaner and more secure future. And the global transformation to a clean-energy economy may be the greatest economic opportunity of the 21st century.

Traders Balk at Plans to Limit Natural-Gas Trades
Source: Wall Street Journal

While regulators debate how to curb excessive speculation in commodities markets, exchanges are moving to impose limits on natural-gas trading, sparking outrage among traders.

Louisiana eats dust as the oilfield moves overseas
Source: Examiner

There was a time when we would scramble for the morning paper just to find the market price of Crude. Oilmen thought there was a correlation, somehow, between the price of a barrel of oil and drilling speculation. We were wrong.

Regulators to Consider Limits on Oil Contracts
Source: The New York Times

Reacting to swings in oil prices in recent months, federal regulators announced on Tuesday that they were considering trading restrictions on hedge funds and other "speculative" traders in markets for oil, natural gas and other energy products.

T. Boone Pickens fueling dialogue on clean-energy efforts
Source: The Dallas Morning News

In July of last year, Dallas billionaire T. Boone Pickens began a $60 million advertising campaign and speaking tour designed to persuade Americans to stop using foreign oil.

At Iraqi Oil and Gas Auction, Bargaining Is Contentious and produces few bidders to develop oil and gas fields
Source: The New York Times

BAGHDAD — The Iraqi government stumbled once again on Tuesday in its frequently delayed effort to award development rights to its most valuable oil fields.

Iran-Pakistan Pipeline: Iran's New Economic Lifeline
Source: analyst-network.com

While the world's eyes are focused on Iran and Pakistan, little attention has been paid to the two countries' recent decision to move ahead with their plans to connect their economies via a 1,300-mile natural gas pipeline to export some 150 million cubic meters of Iran's South P …

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