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Oct 8, 2014

Governor sees riches for Virginia from U.S. shale gas

By Scott DiSavino and Barani Krishnan

(Reuters) – Impressed by the riches created by shale gas in some U.S. Northeast states, Virginia is working to build a manufacturing hub and create thousands of jobs from the cheap fuel that will soon flow into the state, Governor Terry McAuliffe said on Wednesday.

Shale gas output has jumped more than 10 fold in less than a decade, transforming the economies of producers such as Pennsylvania, Ohio and North Dakota, and Virginia wants a piece of that, he told Reuters.

Sep 25, 2014

Henry Hub, king of U.S. natural gas trade, losing crown to Marcellus

By Scott DiSavino and Barani Krishnan

(Reuters) – For nearly a quarter-century, traders around the world have looked to a spot in Louisiana for the best price of U.S. natural gas. Now they’re looking east.

The Henry Hub in southern Louisiana, which connects to more than a dozen on- and offshore pipelines from Texas and the Gulf of Mexico, has been surpassed as the most active place for trading physical U.S. natural gas by hubs in shale-rich Pennsylvania.

May 30, 2014

EPA may nod to nuclear in carbon rules, as generators fear closures

WASHINGTON/NEW YORK, May 30 (Reuters) – U.S. environmental
regulators could throw a lifeline to the nation’s ailing nuclear
power fleet when they unveil landmark carbon pollution curbs
next week, heeding calls from operators like Exelon Corp
to acknowledge nuclear energy as a valuable way to reduce

The Environmental Protection Agency is due on Monday to
release a plan to slash pollution from the power sector, the
centerpiece of President Barack Obama’s efforts to tackle
climate change and likely one of the most contentious
initiatives of his second term.

Apr 28, 2014

Low stockpile raises worries over U.S. natural gas supplies

NEW YORK, April 28 (Reuters) – The United States faces a
natural gas supply shortfall this year despite the country’s
fracking boom, threatening more price spikes as energy companies
struggle to replenish stockpiles drained to critically low
levels after a brutal winter.

As the coldest winter in 30 years thaws across North
America, some experts worry that stockpiles will not be refilled
to levels high enough to meet demand next winter, causing supply
disruptions and sudden price surges of the kind that have dented
power company earnings and raised residential bills in recent

Apr 2, 2014

All clear at Washington state LNG plant after unexplained blast -Williams

April 2 (Reuters) – A forced evacuation of the area around
Williams Cos Inc’s damaged liquefied natural gas
facility in rural Washington state has been lifted following an
explosion on Monday.

What prompted a blast that injured five workers and set off
a potentially dangerous leak in a massive LNG tank at the site,
near the southeastern Washington town of Plymouth, is still
unknown and under investigation, the company said on its

Apr 1, 2014

Officials shrink evacuation zone after blast at Washington LNG plant

April 1 (Reuters) – An evacuation zone around a damaged
liquefied natural gas facility in Washington state was scaled
down late Monday following an earlier explosion as there was a
reduced risk of another blast from a leaking storage tank, an
official said on Tuesday.

A pipeline explosion at 8:22 a.m. Pacific time (1522 GMT)
Monday at Williams Cos Inc’s LNG facility near the town
of Plymouth in rural southeastern Washington state had hurt five
workers and sent shrapnel into one of two storage tanks at the
site, according to Benton County emergency responders.

Mar 31, 2014

Pipe explodes at LNG unit in Washington state, storage tank leaks

March 31 (Reuters) – A pipeline within a liquefied natural
gas facility exploded in a rural area of Washington state on
Monday and emergency workers scrambled to minimize the risk of
further blasts from a leaking storage tank.

Shrapnel from the explosion within the Williams Companies
Inc facility caused a leak in one of two LNG storage
tanks at the site near Plymouth in southeastern Washington, said
Joe Lusignan, a spokesman for the Benton County Sheriff’s
office. One worker was injured in the blast.

Feb 13, 2014

Blast rocks NiSource Kentucky Columbia Gulf natgas pipeline

By Scott DiSavino

(Reuters) – U.S. natural gas pipeline company NiSource Inc said it shut part of its key Columbia Gulf Transmission interstate natural gas pipeline following an explosion in Adair County, Kentucky that injured at least one person.

The blast early Thursday morning engulfed and destroyed homes and cars, authorities said.

Feb 12, 2014

Winter exposes weakness in U.S. natgas supply network

NEW YORK (Reuters) – Freezing temperatures are hampering U.S. natural gas deliveries this winter despite ample production of the heating fuel, exposing weaknesses in a supply network strained by unprecedented demand.

The United States is home to some of the world’s largest natural gas deposits and supplies have flooded the market over the last five years, erasing concerns about dwindling output.

Jan 30, 2014

U.S. utilities seen burning more coal due high gas prices

Jan 30 (Reuters) – The recent increase in U.S. natural gas
prices is expected to dent demand for gas as utilities use more
coal to generate power, electricity traders said on Thursday.

The cold weather and heavy heating demand so far this winter
has pushed gas prices to four-year highs earlier this week.

    • About Scott

      "I cover the North American power and natural gas markets from New York since 2000. Before that I worked on the Equities desk covering energy, mining and heavy industry companies."
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