100 Years of Natural Gas Supply from Shale? It’s More Like 6 Years. - Petroleum Truth Report
I'm not a Petroleum Engineer, but it's intriguing to see some evidence out there that the gas market may tighten much faster than many analysts would have us believe.
I'm not just throwing this out there as an attempt to grasp at any straw that supports Northern Pipeline construction; there is a legitimate debate going on out there to suggest that there may be some funny numbers out there in the shale gas game.
Let's remember that shale is still relatively new. It involves some different exploration and production techniques, and may well have a different production profile (and lets not even start on the potential environmental issues). We don't totally know, because the models only show us so much, and a number of players have some pretty strong motivation to stick to the best case scenarios to attract investment.
Sunday, March 28, 2010
Thursday, March 11, 2010
The NEB breaks out its whittling knife
Mackenzie project gets energy board conditions - CBC North
The National Energy Board, in its draft list of recommendations for conditions on the Mackenzie Valley Gasline project, has decided to disregard roughly two-thirds of the recommendations of the Joint Review Panel.
The draft list shows the NEB proposing 55 conditions of the project, out of 176 in the JRP's report.
Most interesting to me is the condition that the project must be started before the end of 2013. I'm guessing that if a decision is made, it will be underway somewhat before then.
The National Energy Board, in its draft list of recommendations for conditions on the Mackenzie Valley Gasline project, has decided to disregard roughly two-thirds of the recommendations of the Joint Review Panel.
The draft list shows the NEB proposing 55 conditions of the project, out of 176 in the JRP's report.
Most interesting to me is the condition that the project must be started before the end of 2013. I'm guessing that if a decision is made, it will be underway somewhat before then.
Wednesday, March 3, 2010
Sparks Fly in Calgary
Alaska pipeline feud heats up between key players - Calgary Herald
The friction between TCPL and the Denali pipeline proponents generates considerable heat but very little light at the Arctic Pipelines conference in Calgary this week.
This piece from the Calgary Herald largely sums up the debate so far, but doesn't really reveal anything new. However pointed the comments might be between each projects' representatives, though, the exchange seems reasonably respectful. Thank God.
The friction between TCPL and the Denali pipeline proponents generates considerable heat but very little light at the Arctic Pipelines conference in Calgary this week.
This piece from the Calgary Herald largely sums up the debate so far, but doesn't really reveal anything new. However pointed the comments might be between each projects' representatives, though, the exchange seems reasonably respectful. Thank God.
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