U.S. natural gas production recorded a new annual high in 2021, increasing by 3.5 percent from 2020, according to an Oct. 12 report from the U.S. Energy Information Administration. U.S. natural gas production declined in 2020, on the back of lower economic activity amid the COVID-19 pandemic. During 2021, natural gas production surpassed the previous…...
Virginia Governor Glenn Youngkin on Oct. 3 released the state’s 2022 Energy Plan which provides an analytical assessment of the current energy economy and outlines an approach for policy decisions. To meet the growing demand of residents and businesses, the plan calls for an “all of the above” approach that taps nuclear, natural gas, renewables,…...
The average productivity of new oil and gas wells in the Permian Basin continued to increase for 12 straight years, reaching record highs in 2021, according to a Sept. 30 report from the U.S. Energy Information Administration. In June 2022, the Permian Basin, which spans across western Texas and eastern New Mexico, constituted for around…...
U.S. liquified natural gas (LNG) imports during the January-June 2022 period were recorded at their lowest level in at least 15 years, averaging 0.08 billion cubic feet per day (bcf/d), down by 60 percent compared with previous five year average of 0.2 bcf/d. At the same time, U.S. LNG exports have risen significantly, amid the…...
The California Public Utilities Commission on Sept. 23 released a staff proposal to create a framework to replace Southern California Gas Company’s Aliso Canyon Natural Gas Storage Facility. Regulators seek a solution in place to substitute the gas facility by using non-gas-fired electricity generation, storage energy efficiency, and building electrification. Approval of the proposal could…...
A handful of states are revisiting natural gas line extension policies to eliminate subsidies for new gas hookups and support state climate policies that call for lower gas use and electrification of buildings.
Natural gas contributed nearly half of California’s electricity generation mix to meet peak demand during an extreme heat wave in early September, according to a Sept. 21 report from the U.S. Energy Information Administration. The heat wave during the week of Sept. 4 led to record demand for electricity, amid elevated air conditioning use. Moreover,…...
The Virginia State Corporation Commission on Sept. 16 authorized a rise to the fuel rate for customers of Dominion Energy Inc. that involves a mitigation plan, which would lay out the recovery of the $1.02 billion projected fuel deferral over three years. Moreover, the commission approved a provision under which Dominion agreed to renounce recovery…...