Marcellus Shale drillers who have had to cut costs and disassemble rigs because of recent record-low natural gas prices should expect a reprieve over the next two years, according to the latest projections from the U.S. Energy Information Administration. The average price of natural gas is expected to increase by almost a dollar in 2013, […]
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Propane Vs. Natural Gas
April 17, 2014Natural gas is made up of several gases including propane, butane, ethane and mostly consists of methane. While propane is a part of natural gas in its raw state, it is a hydrocarbon separated from the other gases at gas processing facilities. The propane that is separated during this process is stored and sold to […]
In New England, a Natural Gas Trap
April 17, 2014Electricity prices in New England have been four to eight times higher than normal in the last few weeks, as the region’s extreme reliance on natural gas for power supplies has collided with a surge in demand for heating. Frigid temperatures and the snowstorm that hammered parts of the Northeast last week have revived concerns […]
Natural Gas producers are concerned about the future
April 17, 2014More than 500 industry people gathered in Jackson this week for the 17th Annual Wyoming Oil and Gas Fair. Wyoming Public Radio’s energy and natural resources reporter, Stephanie Joyce was there, and she joins us now to talk about the event. BOB BECK: So, what are the biggest issues on the mind of Wyoming’s oil […]
Key Fact: Natural Gas Price Increase Jumps Wholesale Electricity Prices By Up To 101%
April 17, 2014The price of natural gas impacts heavily the 51% of households who use gas to heat homes and the many businesses that use natural gas as a feed stock. But even if consumers do not directly buy and use natural gas, consumers energy costs are substantially determined by the price of natural gas. Why? Clock […]
Is Spike in Natural Gas Prices Imminent?
April 17, 2014Natural gas inventories are at a 10-year low following the recent brutal winter, and price increases are likely, due to potential shortages, particularly in the event of another cold winter, according to a recent article on SeekingAlpha.com. The article connects the dots between the current low inventory and the anticipated rate of replenishment and detects […]