Diesel fuel prices continue to fall with the change from a year ago at over $0.15 a gallon. State tax differential which can be significant and transportation costs account for the variability by area.
TODAY IN ENERGY: EIA, Wednesday, October 30, 2013
Marcellus natural gas pipeline projects to primarily benefit New York and New Jersey
Multiple pipeline expansion projects are expected to begin service this winter to increase natural gas takeaway capacity from the Appalachian Basin’s Marcellus Shale play, where production has increased significantly over the past two years. These new projects are largely focused on flowing gas to the New York/New Jersey and mid-Atlantic regions and would have limited benefit for consumers in New England.
Natural Gas Exports to Asia
By: Maritime Executive | September 09, 2013
The United States is set to grab the first and biggest chunk of unfilled extra Asian demand for shipped gas between now and 2025 with help from a widened Panama Canal and prices that rivals could struggle to match.
A surge in U.S. natural gas production thanks to the shale revolution means proposed new liquefied natural gas (LNG) projects in Australia, East Africa, Canada and Russia can no longer count on exporting to the United States and will now have to focus more on sales to Asia.