Solar Energy News  
OIL AND GAS
Demand strains the biggest energy problem after U.S. snowstorm
by Daniel J. Graeber
Washington (UPI) Jan 5, 2018


The powerful winter storm socking northeastern U.S. states continued to strain the nation's demand for energy and fuel supplies, a market snapshot shows.

Parts of Massachusetts are buried under almost 19 inches of snow after a cold winter storm moved through the area Thursday. The situation is the same for much of the northeast, with snowfall totals further north in New Hampshire around 12 inches.

By Friday, much of the snow had cleared out of the area and temperatures were elevating, though windy conditions continued to put a bite in the air. According to the National Weather Service, the wind chill overnight in Boston could be as low as -19 degrees Fahrenheit.

National Grid, the investor-owned utility covering Massachusetts, New York and Rhode Island said earlier in the week it was expecting "extensive damage" to its electrical systems and was bracing for a multi-day restoration effort. By Friday, however, the utility was reported only a few outages in Massachusetts and the situation was more or less the same across the region.

Commodity pricing group S&P Global Platts said in an emailed survey of the regional market that demand strains and price hikes were the most prevalent problem for the area.

Regional production for natural gas in general is lower than last month. For the northeast, Platts said total gas production so far this year was about 6 percent less than the December average. Regional demand, however, was up 30 percent. Cold weather across much of the eastern half of the United States has stifled production of some energy products in general.

Platts found that much of the supply infrastructure was functioning more or less as designed. Pipeline company Kinder Morgan, which carries about 30 percent of total U.S. natural gas consumption through its networks, was reporting record demand, though few weather-related disruptions.

At the Cove Point liquefied natural gas facility in Maryland, which carries both imports and exports of the super-cooled liquid gas, Platts found the flow may approach levels that would be lower than necessary to provide reliable service, however.

They were few refinery problems in the region.

For market prices, meanwhile, natural gas in the New York market jumped from the December average of $5.67 per million British thermal units to $137.73.

One Btu is the amount of heat required to raise the temperature of one pound of water by one degree and is the U.S. standard.

OIL AND GAS
Energy sector analysis sees deepwater attraction
Washington (UPI) Jan 4, 2018
It will be the deep waters like offshore Guyana that look commercial in the current market and make big and national oil companies turn a head, analysis found. Consultant group Wood Mackenzie expects a competitive field this year in exploration and production, with likely only the majors like BP and Exxon Mobil, along with national oil companies, investing heavily. Global investment in ... read more

Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
A catalytic balancing act

Locating the precise reaction path: Methane dissociation on platinum

A fossil fuel technology that doesn't pollute

A new strategy for efficient hydrogen production

OIL AND GAS
Scientists design muscles for shape-shifting, cell-sized robots

Scientists teach robots how to respect personal space

Machine learning will change jobs

Lockheed Martin and NEC to Enhance Satellites, Space Travel with Artificial Intelligence

OIL AND GAS
The wave power farm off Mutriku could improve its efficiency

Turkey gets European loan for renewable energy

Oil-rich Alberta sees momentum for wind energy

Construction to start on $160 million Kennedy Energy Park in North Queensland

OIL AND GAS
Tesla again delays target for ramping up Model 3 output

China's Didi buys Brazil's 99 in new Uber challenge; BlackBerry, Baidu in autonomous vehicle deal

New depth sensors could make self-driving cars practical

Beijing starts using special license plates for green vehicles

OIL AND GAS
HP recalls computer batteries over fire risk

Modeling helped to improve the configuration of an autonomous heat supply unit

Exploring electrolysis for energy storage

Thermoelectric power generation at room temperature: Coming soon?

OIL AND GAS
Dominion Energy to buy troubled SCANA and shuttered nuclear projects

REVA NP installs I and C upgrade at Krsko nuclear power plant

Struggling Westinghouse Electric sold to Brookfield for $4.6 bn

New model considers an extra factor to improve our prediction of nuclear fission

OIL AND GAS
Science for a resilient EU power grid

U.S. blizzard to test gas, electric markets

'Virtual gold' may glitter, but mining it can be really dirty

How will customers benefit from tax overhaul, Michigan asks utilities

OIL AND GAS
North Atlantic Oscillation dictates timing of tree reproduction in Europe

African deforestation not as great as feared

Cascading use is also beneficial for wood

New maps show shrinking wilderness being ignored at our peril









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.