natural gas

As climate scientists sound the alarm on the effects of rising global temperatures, many of Colorado's electric utilities are shifting their focus to a popular and potentially profitable goal: zero-carbon.

But they're also stuck with one important question: How do they actually get there?

After months of community protests, a group of more than 20 landowners and city leaders gathered Monday to announce that Hays County and the City of Kyle had officially joined a lawsuit to oppose a natural gas pipeline proposed to run through Central Texas.

From Texas Standard:

Most of the liquefied natural gas, or LNG, the U.S. exports leaves on big tanker ships. But with so much natural gas being produced right now, companies are seeking out other ways to move LNG internationally. In fact, at least one company has carved out a niche by shipping natural gas overland, tapping into a growing market south of the border.

Sergio Chapa reports on the oil and gas industry for the Houston Chronicle. He says the tankers transporting LNG are similar to the 18-wheelers that deliver gasoline or diesel, but much bigger.

Newsy / Kevin Clancy

From 2008 through 2017, 1,566 workers perished trying to extract oil and gas in America. About as many U.S. troops died fighting in Afghanistan during that period.

From The Texas Tribune:

OKLAHOMA CITY — Parker Waldridge had worked in the Oklahoma oilfields since he was 16 and acquired the traits that make a good driller: fortitude, intellect and a healthy respect for the power of a runaway gas well.

Tod Baker / Flickr Creative Commons

Oil drillers in West Texas continue to face a quandary: How much of the natural gas they produce should be burned off?

As The Los Angeles Times noted this month, the problem has pitted producers against each other and set environmentalists and capitalists on a collision course. During the fracking process, extra natural gas is produced along with the oil.

Roy Luck / Flickr Creative Commons

Renewable wind and solar energy, along with a booming natural gas industry, continue to win the battle over coal in Texas.

As The Huntsville Tribune reports, last year Texas lost 455 coal-mining jobs, more than any other state. And the state’s biggest power supplier, Luminant, announced that it would be shuttering two massive coal-fired plants this year.

CC0 Creative Commons

West Texas oil producers are running out of places to send the growing glut of natural gas that is a byproduct of the recent oil boom in the region.

As Fox Business reports, all of the natural gas pipelines that stretch from West Texas to the gulf are basically full. And the gas can’t be sent north, because northern natural gas markets are already supplied by producers in Canada and the Rockies.

todbaker / Flickr Creative Commons

The oil boom continues in the Permian Basin region of West Texas, and with the boom comes an increase in natural gas flares. According to The San Antonio Express-News, natural gas flaring in the Permian Basin rose significantly from 2009 to 2014.

Pixabay / Creative Commons

Two weeks ago, the coal industry got a bit of good news when former Texas governor and current U.S. Energy Secretary Rick Perry suggested that failing coal plants be subsidized by United States taxpayers.

But coal's reprieve from bad news was short-lived, as last week the energy giant Luminant announced it would shut down three coal-fired power plants early next year.

New Natural Gas Discovery Found In San Juan Basin

Aug 9, 2017
Wikipedia

A new natural gas discovery was made earlier this week by oil giant BP.

As The Denver Post reports, the company made the discovery in the Mancos formation of the San Juan Basin near the Colorado border – saying a new well it drilled averaged production of 12.9 million cubic feet of gas per day in its first month - the highest achieved by a well in that area in 14 years.

etfdailynews.com

Climate change could be having an adverse effect on natural gas prices.

As The Wall Street Journal reports, warm October weather has sent natural gas demand lower this month. Half of U.S. homes use natural gas for winter heat. But yhere simply hasn’t been a need for heat yet in many parts of the country.

blackhillsenergy.com

Black Hills Energy has purchased a natural gas transmission pipeline in southwest Kansas from Anadarko Natural Gas Co., reports The Garden City Telegram. The Kansas natural gas utility closed on the sale this week of the 37-mile length of pipeline.

National Park Service/CPR

It looks like Western Colorado may be sitting on quite a bit more energy than experts believed. In fact, as Colorado Public Radio reports, the western part of the state has 40 times more natural gas than previously thought. However, it’s unlikely the extra gas will produce another oil boom, as tapping the energy would only send prices lower.

Study Links Fracking to Low Birth Weight

Jun 22, 2015
todbaker / Creative Commons

A new study has linked hydraulic fracturing with low birth weight, according to The New York Times. Scientists studied almost 16,000 live births in southwest Pennsylvania, categorizing mothers by their proximity to sites where fracking was taking place. The study found that babies born in high exposure areas were 34% more likely to be small for their gestational age.

Quentin Hope

Regional crude oil and natural gas prices are broadcast every weekday on HPPR during Morning Edition at 5:50, 6:32, 7:32 and 8:32 central time.  The report is compiled and voiced by Wayne Hughes of Amarillo, TX.

Complete current market information from the sources used in the regional summary report can be found at these sites:

Panhandle All Fields crude oil from Phillips 66.