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Posts Tagged ‘natural gas’

Natural gas glut means drilling boom must slow

by Associated Press Published: April 9,2012

Tags: Colorado, drilling, natural gas

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 [...] [...]

Natural gas falls on spell of balmy US weather

by Associated Press Published: March 13,2012

Tags: natural gas, U.S., weather

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 [...] [...]

Judge to hear arguments in May on Roan Plateau

by Associated Press Published: January 6,2012

Tags: drilling, natural gas, Roan Plateau

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 [...] [...]

State governors push for natural-gas cars

by Associated Press Published: November 9,2011

Tags: cars, Colorado, natural gas, Oklahoma governors, wyoming

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 [...] [...]

CSU seeks public comment on gas plan

by Amy Gillentine Published: August 18,2011

Tags: Colorado Springs Utilities, natural gas

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 [...] [...]

Natural gas pipeline crisis plans kept from public

by Associated Press Published: October 6,2010

Tags: natural gas

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 [...] [...]

State protests gas company rate increase (access required)

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, [...] [...]

Colorado falls to last place among states for energy investment (access required)

by Staff Writer Published: June 26,2009

Tags: Global Petroleum Survey, natural gas, oil

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 [...] [...]

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