Natural gas futures rose in New York for the second time in three days as forecasts showed colder weather moving across the U.S., signaling increased demand for the heating fuel. Temperatures may be below normal over central and western states in the next two weeks, according to the National Weather Service. Private forecasts predict a [...]
Gas prices in the United States fell more than 5 cents over the past two weeks as crude oil prices dropped, continuing a decline in pump prices that started in late October, according to a survey published Sunday. The average price of regular gasoline is $3.24 a gallon, the Lundberg Survey found. That’s down 5.25 [...]
Installation of pipes has been started near the LNG plant, under construction 20 km northwest of Port Moresby. The first extension of the 450-km in the offshore of 700 km natural gas pipeline planned for Papua New Guinea LNG project worth 15 billion dollars began to be installed on the seabed. Two offshore semisubmersible vessel, [...]
Gas prices in Tampa Bay continue to linger at a stable level as world markets wait for the next phase of a potential restructuring in the European economy, and they could stay in this range through the holidays. A gallon of regular unleaded now averages $3.303 in the Tampa Bay area, compared to $3.344 a [...]
EPA will examine drilling sites in Pennsylvania, Colorado, Louisiana, North Dakota and Texas. The earliest results will be available in 2012. Drillers have resisted enhanced federal regulation, saying it should be left up to individual states. EPA (The Environmental Protection Agency) released the outlines of its long-awaited probe into whether hydraulic fracturing the unconventional drilling [...]