The Energy Law Blog
AUGUST 23, 2007
Natural Gas in Storage 2,926 Bcf UP 23 Bcf 12.8% Furthermore, all interruptible storage holders that have a balance in the storage facility must bring their storage balance to zero by September 7, 2007. NYMEX (September deliveries) $5.578/MMBtu DOWN $1.286 18.7% Bbl DOWN $4.06
The Energy Law Blog
JUNE 4, 2007
The proposed rule extends deep gas royalty relief to GOM leases in 400 meters of water (up from the current limit of 200 meters), and would increase the royalty suspension volume to 35 Bcf for qualifying ultra-deep wells at least 20,000 feet total vertical depth subsea in less than 400 meters of water. MMBtu expressed in 2006 dollars.
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The Energy Law Blog
SEPTEMBER 6, 2007
Natural Gas in Storage 3,005 Bcf UP 36 Bcf 10.4% The service period will be from October 1, 2007, through April 30, 2008. Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.81/MMBtu MMBtu UP $0.17 West Texas Intermediate Spot $75.74/Bbl
The Energy Law Blog
SEPTEMBER 13, 2007
The Energy Information Agency reported as follows in its September 13, 2007, report: Since Wednesday, September 5, natural gas spot prices increased as tropical storms threatened to disrupt supplies and pipeline explosions in Mexico stirred concerns of supply security. Natural Gas in Storage 3,069 Bcf UP 64 Bcf 9.3%
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