Which Natural Gas Markets Will Grow, by Sector, from Now to 2050?
The U.S. Energy Information Administration (EIA) recently issued its Annual Energy Outlook for 2021 (see EIA Annual Energy Outlook 2021: COVID Impact at Least 10 More Yrs). Using the “reference case” (the most likely scenario) from that study, analysts at EIA have taken a close look at the growth in natural gas usage from now until 2050. They found natgas usage in two sectors will grow the most over the next 30 years…
Read More “Which Natural Gas Markets Will Grow, by Sector, from Now to 2050?”
Virtual pipeline company Xpress Natural Gas (XNG), which operates a major compression station/trucking facility not far from MDN headquarters, has agreed to sell itself to Basalt Infrastructure Partners, an investment firm located in London and New York City. The sale price was not disclosed.
The City of Monroe, North Carolina is a shining example of what other cities should do. The city recently launched a new LNG facility online (took three years to build). The city buys natural gas on the open market when the price is low, liquefies and stores it, and then regasifies it for use later–saving residents money. Smart folks running Monroe.
This is an early test for how the Biden administration, specifically Biden’s pick to run the Federal Energy Regulatory Commission (FERC), Richard “Dick” Glick, will respond to requests for additional infrastructure related to fossil fuels. Last week Venture Global filed a “pre-filing” request with FERC ultimately looking for permission to build a major new LNG export facility next door to another facility (Calcasieu Pass Project) Venture Global is currently building. The new project is dubbed CP2 and will come with a (gasp) 87.5-mile greenfield pipeline.
The very first cargo of LNG to transit the expanded Panama Canal happened in July 2016 (see 
Last week we told you about anti-fossil fuel zealots (including THE Delaware Riverkeeper) attempting to convince the incoming Biden administration to block the now fully permitted and authorized LNG export terminal New Fortress plans to build on the New Jersey shore of the Delaware River in Gibbstown (see 
Big Green (Democrat) organizations are feeling full of themselves following the Biden/Harris election and winning control of the Senate. They’re making some pretty big boasts of what they’ll demand from Biden and Chuck Schumer. Demands like no new pipelines, ban natural gas everywhere, force all new cars to be electric, yada yada yada. One of the worst of the worst of the Big Green groups is the radical National Resources Defense Council (NRDC). In a blog post yesterday, the New York chapter of the NRDC lays out its 2021 plans that include their intent to try and block the construction of the New Jersey LNG export facility and block construction of the PennEast Pipeline in Pennsylvania.
U.S. exports of liquefied natural gas (LNG) set a new all-time record high in December, averaging 9.8 billion cubic feet per day (Bcf/d). The results in December were more than three times higher than the reduced export levels of last summer. Marcellus/Utica gas played a key role in those exports.
Anti-fossil fuel zealots including THE Delaware Riverkeeper are attempting to convince the Biden administration to block the now fully permitted and authorized LNG export terminal New Fortress plans to build on the New Jersey shore of the Delaware River in Gibbstown. They’re hoping they can appeal to Biden’s parochial concerns for his home state of Delaware, hoping to scare an old man with dementia into blocking LNG ships from transiting the Delaware River by lying about safety issues.
Last year dozens of contracted U.S. LNG export cargoes got canceled during the pandemic (see 
The five voting members of the Delaware River Basin Commission (DRBC) met in early December and voted 4-0 (one abstention) to approve a 1,300-foot-long pier in Gibbstown, NJ which will be used to load LNG tankers (see