News

News articles from the OFC

Public meetings on gas pipeline project environmental issues start Jan. 30

Release Date: 
01/25/2012

The public can offer input on the environmental review of the proposed $32 billion to $41 billion Alaska natural gas pipeline project during seven meetings scheduled over the next three weeks.

Federal Energy Regulatory Commission staff members are holding the public scoping meetings in Alaska. The first meeting is scheduled for 7 p.m. Monday, Jan. 30, at the Fairbanks Carlson Center. A meeting in Delta Junction will occur the next night, with one in Tok the following evening. Meetings also will be held in the North Slope communities of Barrow, Nuiqsut and Kaktovik during the week of Feb. 6.

The Anchorage meeting, originally planned for Jan. 18, now is scheduled for Feb. 13. This meeting will be streamed live on the Office of Federal Coordinator website: www.arcticgas.gov.

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Lower 48 LNG exports would raise natural gas prices, EIA says

Release Date: 
01/19/2012

Export of liquefied natural gas from Texas and Louisiana would raise Lower 48 gas prices by 52 cents to $1.34 per thousand cubic feet, a new report from the U.S. Energy Information Administration concludes.

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New report demystifies natural gas terminology

Release Date: 
01/18/2012

A new Congressional Research Service report cuts through the sometimes confusing language that describes the nation's endowment of oil and natural gas resources.

For example, the report explains the distinction between the nation's estimated 272.5 trillion cubic feet of proved natural gas reserves – an 11-year supply at current consumption rates – and the estimated 1,500 trillion cubic feet of undiscovered technically recoverable natural gas resource – a 60-year supply.

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Project sponsor files detailed environmental reports

Release Date: 
01/13/2012

JANUARY 13 - A key milestone was reached today for the proposed Alaska natural gas pipeline to Alberta when the project sponsor filed 11 draft environmental reports with the Federal Energy Regulatory Commission. The more than 4,500 pages of documents - called draft "resource reports" - detail and discuss the project's potential impact on soils, vegetation, streams, lakes, wetlands, water quality, wildlife, fish and other resources along the pipeline's 803-mile U.S. corridor from the Point Thomson field to Prudhoe Bay to the Canadian border.

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Analyst questions shale production claims

Release Date: 
01/09/2012

The rise of U.S. shale gas production has been tremendous but might not reach the pinnacle forecast by some in the industry, an energy consultant told an Anchorage audience Jan. 6.

Art Berman, director at Texas-based Labyrinth Consulting Services Inc. and a 20-year veteran at Amoco, said forecasts of a 100-year supply, decades of low natural gas prices and a gusher of profits are not supported by the production history of wells in U.S. shale-gas plays.

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FERC schedules public meetings to define gas pipeline project’s environmental issues

Release Date: 
12/09/2011

The Federal Energy Regulatory Commission has scheduled seven meetings in Alaska between Jan. 18 and Feb. 8 at which the public can offer input on the environmental review of the proposed $34 billion to $41 billion Alaska natural gas pipeline project.

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Exxon sees power-sector demand growth for gas

Release Date: 
11/28/2011

Worldwide natural gas demand will grow from about 300 billion cubic feet per day last year to more than 450 bcf by 2030, with power generation burning up almost half of all gas consumed in 2030, an ExxonMobil executive told several hundred Alaskans.

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Report explores debate on proposed U.S. LNG exports

Release Date: 
11/08/2011

Moves to export some of the Lower 48's rising supply of natural gas have sparked debate about the wisdom of allowing that gas to leave the country, according to a new Congressional Research Service report.

"With today's natural gas prices relatively low compared to global prices and historically low for the United States, producers are looking for new markets for their natural gas," says the report titled "U.S. Natural Gas Exports: New Opportunities, Uncertain Outcomes."

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Gas demand rising; could drive up prices

Release Date: 
10/24/2011

ExxonMobil expects natural gas demand to grow faster than any other fuel over the next 20 years, with power generation's appetite almost doubling worldwide by 2030.

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Panelists explore state options for gas pipeline assistance

Release Date: 
10/19/2011

The Alaska government has a variety of options - from direct subsidies to granting use of state property - if it wants to further help make a North Slope natural gas pipeline a reality, panelists said at a forum Tuesday on potential state assistance.

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