Tax reform talk is heating up in Congress as they hurry to pass a tax extenders bill before year end. Iowa Senator Chuck Grassley wants the controversial wind energy production tax credit included in the bill. “I’m concerned about rumors that some are working to leave out or shorten the extension of the wind energy… Keep reading →
LNG
Energy News Roundup: Tax Extenders Bill Needs PTC, Noble to Ship Israeli Gas to Egypt LNG Plant & GOP Build Keystone Themselves
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We will never sell or share your information without your consent. See our privacy policy.The US Department of Energy today granted Freeport LNG two final authorizations to export natural gas to non-Free Trade Agreement countries. The ruling authorizes Freeport to export up to 1.8 billion cubic feet of LNG per day for 20 years. The DOE earlier this year changed its LNG permit approval process from a blanket first… Keep reading →
US natural gas will soon be exported to Asian markets in the form of LNG, and while this represents a major step change in global gas trade, US volumes alone will not solve the region’s gas demand challenges. This is one of the points IEA Executive Director Maria Van der Hoeven made today in remarks… Keep reading →
Intermodal transport – where goods arrive at major seaports and are transferred to trucks and trains – presents numerous economic and carbon emissions mitigation opportunities across the value chain. High-horsepower transport like tractor trailers and railroad locomotives currently utilize diesel as their primary liquid fuel, but switching to liquefied natural gas can in many cases… Keep reading →
Energy News Roundup: How Oil Prices Impact Natural Gas, US Shale Boom’s Darker Side and Rail Gridlock
By Jared AndersonWhile oil prices have stabilized for the moment and associated doomsday scenarios have slowed, here’s a detailed analysis of the interplay between various commodity prices and some of the investment decisions petrochemical companies, producers and LNG businesses face. “Indeed, even international buyers of natural gas were aggressively pursuing hub based gas pricing contracts with view… Keep reading →
New Study Points to Major Marine and Rail Opportunities with Greater Use of LNG
By America's Natural Gas AllianceThousands of miles of rail, inland waterways and coastal routes crisscross America moving products, energy and people. A new study out today confirms that thanks to its cleaner profile and low cost, greater use of natural gas as a marine and rail fuel is becoming a welcome reality. The study, performed by Gladstein, Neandross &… Keep reading →
The EU Commission yesterday released the first “Energy Security Stress Tests” in the wake of the Ukraine crisis. On its behalf, the European Network of Transmission System Operators for gas (ENTSOG) modeled two disruption scenarios for a period of one or six months: Complete halt of Russian gas imports to the EU Disruption of Russian… Keep reading →
Energy Quote of the Day: ‘The Oil and Gas Industry is Terrible at Predicting Anything’
By Jared AndersonIt’s been said that one certainty regarding oil price forecasts is they will always be wrong. While there are certainly exceptions, the oil & gas industry’s history is littered with business cycle shifts that caught even the most seasoned analysts and executives flatfooted. Look at what’s happened with the US refining complex, LNG import projections… Keep reading →
The North American Gas Forum was held in Washington D.C. Sept 28-29. The event brought together leaders from across the natural gas supply chain to discuss the latest developments and important issues in the industry today. Keynote speakers were Adam Sieminski, Administrator of the U.S. Energy Information Administration discussing the impressive growth in gas and… Keep reading →
The dramatic shift in US energy supply-demand dynamics over the past several years is impacting markets and physical commodity flows in what seems like unlimited ways, with misaligned infrastructure one of the most pronounced. LNG import terminals retooled for liquefaction; millions of barrels of oil transported via rail; refineries configured to process heavy, sour imported… Keep reading →