Natural gas inflows to the US northeast region are changing significantly due to massive indigenous production increases from the Marcellus Shale. In fact, according to the EIA, there have been days in 2013 when the northeast was a net-gas exporter to Eastern Canada. “Natural gas production in the northeastern United States rose from 2.1 billion… Keep reading →
You may not know this, but the United States is already the largest natural gas producer in the world, according to the U.S. Energy Information Administration, and is estimated to produce more oil than Russia and Saudi Arabia in 2013. The U.S. greatly reduced its dependence on foreign energy imports in a very short time.… Keep reading →
Language on the proposed Keystone XL pipeline buried on page 491 of the International Energy Agency’s most recent World Energy Outlook may provide more fuel for opponents of the project, but it could offer a leg up to project proponents, as well. The WEO 2013 forecasts that oil sands production will average 4.3 million barrels… Keep reading →
A disrupted planting schedule and unusually wet weather has increased demand for propane used to dry corn, creating shortages exacerbated by transportation bottlnecks. “A lot of guys are being rationed at 300 to 500 gallons a day, and it’s just not enough,” said John Plathe, 49, a corn farmer in west-central Minnesota. “If this were… Keep reading →
The natural gas industry is optimistic about its own future, but safety – be it pipeline, environmental or cyber – continues to be a key concern, according to Black & Veatch’s second annual Strategic Directions in the North American Natural Gas Industry survey. The overwhelming majority of the survey’s 336 respondents expect the US natural gas industry to… Keep reading →
Addressing the natural gas flaring issue in North Dakota’s portion of the Bakken Shale formation is not as simple as just connecting new wells to pipeline infrastructure. Sometimes new, high-pressure wells can overwhelm existing infrastructure and without additional compression, more frequent maintenance or expanding the system, extinguishing the flares is not feasible. The latest report… Keep reading →
Those familiar with the US oil and gas industry probably saw the now famous picture of North Dakota from space at night that depicts widespread natural gas flaring. As hydrocarbon production – primarily oil – rapidly increases, new wells in remote areas often flare natural gas until gathering pipelines are constructed to transport the gas… Keep reading →
By Brad Quick A handful of counties in North Dakota are churning out more oil and gas than the entire state of Alaska. Welcome to the Bakken, the jewel of The Rough Rider State. But a look beyond the drillers working the state’s Bakken field reveals many players who see another opportunity: building North Dakota’s infrastructure. In May,… Keep reading →
The US oil and gas market offers something that virtually no other market in the world does – easy entry for non-traditional investors, who are helping to bolster the capital available for much-needed infrastructure buildout. The US oil and gas market is one of few in the world, if not the only one, that features… Keep reading →
Expect the promised benefits of natural gas to really begin hitting the North American economy in the second half of this decade, said Chevron Vice President of Supply and Trading Greg Vesey at the North American Gas Forum in Washington, DC this week. It will take two to three years to complete construction of manufacturing… Keep reading →
