External Affairs Coordinator, Cabot Oil & Gas
The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM “The Talker,” talked about LPG, CNG, LNG, the Upper Devonian and much more this week.
Every Saturday, Kevin Lynn of Linde Corporation and I co-host a morning radio show to discuss all things natural gas.
The Shale Gas News is typically broadcast live and this past Saturday’s program, the podcast of which is AVAILABLE HERE, covered the following new territory (see news excerpts below) and included an interview with Congressman Bob Latta regarding a new bi-partisan effort to educate the public on propane:
- UGI Building LNG Plant in NEPA, Local Marcellus Gas to Feed It. UGI Corporation, announced yesterday they will spend $60 million to build a new LNG production plant in Wyoming County, PA.
- U.S. About to Change Global LNG Market Forever. U.S. exports will likely boost prices, currently at about $3 a million British thermal units. U.S. gas may converge toward European levels, now at about $7 a million Btu, the analysts said.
- Buick Steps on the (Natural) Gas: Regal Could Be Getting Factory CNG Power. Dubbed “Bi Fuel” models, these cars can run on both gasoline and natural gas. LNG in heavy-duty vehicles expected to grow slowly over decade LNG’s principal attraction in the heavy-duty sector is that it can be stored with 2.5 times more energy in the same volume compared to compressed natural gas (CNG).
- Power Generation from Coal and Natural Gas Expected to Temporarily Converge this Spring. Coal plants are shutting down as power generators respond to the sustained competitiveness of natural gas prices and to the Mercury and Air Toxics Standards (MATS) regulations.
- Southeast PA Natgas Customers See Rates Drop 13.5% Thx to Marcellus. Why? Because UGI now sources ~90% of its natural gas from the cheap, abundant, clean-burning, homegrown, FRACKED Marcellus Shale.
- Upper Devonian Shale: Utica/Marcellus’ “Little Brother.” Less flashy, with lower initial production numbers, the shale is unlikely to challenge the other “Big 2” shales for size of resource potential, although total reserves may be significant.