Murphy Energy Approved to Sell Natural-Gas Terminals A judge approved the $33.1 million sale of natural-gas transporter Murphy Energy Corp.’s Port Hudson terminal in Louisiana, which was auctioned along with several other terminals as part of the company’s bankruptcy. With his signature, U.S. Bankruptcy Court Judge Harlin DeWayne Hale cleared Murphy Energy officials to execute … Continue reading #Murphy_Energy Approved to Sell Natural Gas Terminals→
Strong natural gas prices, load boost NYISO prices in November Significantly higher New York-area natural gas prices combined with stronger electricity demand to boost New York Independent System Operator power prices in November, stakeholders learned Wednesday. During Wednesday’s NYISO Business Issues Committee, Rana Mukerji, senior vice president for market structures, presented a monthly market operations … Continue reading Strong natural gas prices, load boost NYISO prices in November→
Texas gas burn for power drops to two-year low Natural gas use to produce electricity in Texas in November fell to the lowest level in two years and 16pc below the previous November as nuclear and coal output increased. Gas was burned to produce about 9 GWh in November, down from 10.6 GWh in November … Continue reading Texas gas burn for power drops to two-year low→
Pipeline expansion effect could be short-lived: ISO-NE Houston, 9 December (Argus) — The Algonquin Gas Transmission Incremental Market (AIM) natural gas pipeline expansion should ease concerns about natural gas supplies in New England this winter, but its impact will likely be short-lived, the region’s electric grid operator said. New England’s natural gas infrastructure was not … Continue reading Pipeline expansion effect could be short-lived: ISO-NE→
Natural gas at a premium in New England this winter: ISONE More than 23% of New England’s natural gas-fired electricity generation could misfire this winter because of pipeline bottlenecks, according to regional power grid operator ISO New England (ISONE). “New England’s natural-gas infrastructure was not designed to serve demand for natural gas for both heating … Continue reading Natural gas at a premium in New England this winter: ISONE→
New FirstEnergy Transmission Line Energized in West Virginia to Support Shale Gas Industry FirstEnergy Corp. (NYSE: FE) has energized a vital transmission line in Harrison and Doddridge counties, W.Va., that both supports the electric demands of the area’s Marcellus Shale gas industry and helps enhance service reliability for nearly 13,000 Mon Power customers in the … Continue reading New #FirstEnergy Transmission Line Energized in West Virginia to Support #Shale_Gas Industry→
AEP Ohio’s 10 biggest customers include steel-makers, oil and gas companies AEP Ohio has 10,000 industrial customers, but its top 10 users account for 31 percent of its sales in the category. The tidbit is one of many included in a lengthy presentation American Electric Power Company Inc. (NYSE:AEP) executives gave this week at the … Continue reading #AEP_Ohio’s 10 biggest customers include #steel-makers, oil and gas companies→
Wind picks up natural gas’ share of ERCOT energy supply in October Wind power filled in the gap left behind by the decline in natural gas-fired power’s share in the October fuel mix for the Electric Reliability Council of Texas, while coal saw small gains and nuclear power eased slightly, according to ERCOT’s 2016 Demand … Continue reading Wind picks up natural gas ‘ share of ERCOT energy supply in October→
PJM, ISO-NE: Gas pipeline opposition could put power reliability at risk Local opposition to natural gas pipelines has steadily increased, seen in the protests over Duke Energy’s proposed Atlantic Coast Pipeline Project. In Massachusetts’ case, the opposition made its way up to the the court, which prohibited utilities from charging customers to recoup costs for … Continue reading PJM , ISO-NE : Gas pipeline opposition could put power reliability at risk→
Time To Get Cautious On Natural Gas Back in early June, I discussed my belief that natural gas was undervalued in a post titled Natural Gas Is A Buy. I highlighted that over the past 20 years, when natural gas prices have dropped below $2.50 per million British thermal units (MMBtu), the price proceeded to … Continue reading Time To Get Cautious On Natural Gas→
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