Natural gas prices key to Utilities’ future
What’s the more significant economic driver in Colorado Springs: gas prices — or gas prices? To be clearer, are we more affected by the price of gasoline, or the price of natural gas? We all know what gasoline costs, because we buy it directly. The price we pay includes all costs — exploration, production, refining, [...]
Supporters of propane believe it is the answer to the country’s jobs, energy and clean-air problems — but environmentalists are no longer buying into those claims.
Continue reading …The U.S. natural gas market is bursting at the seams. So much natural gas is being produced that soon there may be nowhere left to put the country’s swelling surplus. After years of explosive growth, natural gas producers are retrenching. The underground salt caverns, depleted oil fields and aquifers that store natural gas are rapidly [...]
Continue reading …Natural gas prices are falling again as balmy weather stretches across most of the nation and supplies remain plentiful. Natural gas dropped 5 cents to $2.215 per 1,000 cubic feet in trading in New York. That’s the lowest price in a decade. The price has dropped about 26 percent this year. Warm winter weather has [...]
Continue reading …A judge is set to hear oral arguments in May in a lawsuit challenging the federal government’s auctioning of leases for natural gas development on public land on the Roan Plateau. Environmentalists filed the lawsuit in 2008 seeking to cancel the leases. They say that when the Bureau of Land Management developed a plan allowing [...]
Continue reading …The governors of Colorado, Oklahoma, Pennsylvania and Wyoming have agreed to work together to encourage U.S. automakers to develop affordable natural-gas vehicles. The governors signed a memorandum of understanding Wednesday saying they would they would seek a joint request for proposals. The states would work to determined how many natural gas vehicles each could commit [...]
Continue reading …Colorado Springs Utilities is seeking public comment for its 2011 natural gas integrated resource plan. The plant is posted at the CSU web site. As a local distribution company, Colorado Springs Utilities manages the natural gas supply and the distribution system required to physically deliver natural gas to customers. The updated plan is intended to [...]
Continue reading …The emergency plans for companies operating natural gas pipelines like the one that exploded in San Bruno, Calif., killing eight people and destroying a neighborhood, are effectively off-limits to the public and industry watchdogs because the federal pipeline safety agency itself doesn’t have copies. The Pipeline and Hazardous Materials Safety Administration policy means companies can [...]
Continue reading …The Colorado Office of Consumer Counsel is challenging the request of SourceGas Distribution to raise the rates for 87,000 natural-gas customers in the state. The consumer council office filed its protest with the Public Utilities Commission this week, objecting to the $6 million rate increase. The company is also seeking a 12-percent return on equity, [...]
Continue reading …Colorado now ranks as the least attractive state in the nation for oil and natural gas investment. The Fraser Institute says the state’s ranking has dropped from first to 81st in only two years, and now ranks among the bottom half of the 143 global jurisdictions included in the 2009 Global Petroleum Survey. Among the 27 [...]
Continue reading …
Loading ...
