Natural Gas Fueling Station Proposal

November 3, 2011

ATLANTA, Ga., (November 1, 2011) – The Georgia Public Service Commission today took the first step towards incentivizing the construction of a network of Compressed Natural Gas fueling stations around the state. The Commission adopted by a vote of 4-1 a revised plan that allows Atlanta Gas Light Company (AGLC) to use $11.57 million from […]

Renewable Snapshot

October 19, 2011

U.S. Renewables.  Led by conventional hydropower, the total supply of renewables is projected to grow about 14 percent from 2010 to 2011.  EIA expects total renewable energy supply to remain flat in 2012 as the decline in hydropower offsets growth in other renewable energy supply. Because of high levels of precipitation in regions such as […]

Natural Gas lower on storage increase report

September 16, 2011

This weeks storage poll is for week ending 9/9 and reported by EIA on 9/15. Observations:Tropical storm Lee shut-in effects will be reflected in this weeks report. Total weekly supply was lower by about 12.8 bcf due to the storm. Destin pipeline outage further reduced supply.Demand from power generation fell as heat over texas and the south […]

EIA Short-Term Energy Outlook

September 7, 2011

Electricity U.S. Electricity Consumption.  Although cumulative cooling degree-days for 2011 through August for the entire United States were just 2.8 percent higher than the same period in 2010, some regions experienced extreme weather during the past few months.  Record heat in Texas has led to record-setting power demand while Hurricane Irene recently caused widespread power […]

US GAS: Futures Settle Near Four-Month Lows

August 3, 2011

Natural-gas futures settled at their lowest level since April on Wednesday as weak economic data led to negative sentiment among traders who now wait for Thursday’s inventory data for more direction. Natural gas for September delivery settled down 6.5 cents, or 1.6%, at $4.090 per million British thermal units on the New York Mercantile Exchange. […]

Electricity Competition Works

July 11, 2011

A month ago, Pennsylvania regulators held a hearing on the state’s competitive electric market, because so few residents are switching providers. For advice, they turned to Texas, inviting a top regulator along with some industry executives. Barry Smitherman, chairman of the Texas Public Utility Commission, gave the opening address. Jim Burke, CEO of TXU Energy, […]

Germany abandons nuclear energy

June 2, 2011

Germany’s decision to shut down Terawatts of low carbon electricity in the middle of Europe was a political move to appease the green party but is likely to increase overall carbon use. Germany’s move will result in about 400 million tons of extra carbon emissions by 2020, as the country relies more on fossil fuels. Nor is […]

Natural Gas- Oversupplied For How Long?

May 17, 2011

Gas demand is showing unexpected signs of growth, and longer-term prices face more upside risk. Gas demand from power is poised to climb 15% by 2016 to 22.9 Bcf/d, led by coal-to-gas switching, coal plant retirements and gas-fired capacity additions. Demand from the residential, commercial, exports, transportation and other sectors also is rising. Mexican exports […]

Natural Gas/Crude Spread Hits Record

May 9, 2011

  The spread between natural gas and crude oil has hit an all time record. Using inter-market analysis allows us to compare the value of substitute goods using equal measurements such as MMBtus, in this case, we can compare the price of crude oil to the price of natural gas to determine what price levels it becomes […]