Group items tagged

IBISWorld Business Environment Report World price of natural gas in the US November 2011   Estimated Value in 2011: $7.99 per thousand cubic feet 2006-2011 Compound Growth: 3.7% Forecast Value for 2016: $9.14 per thousand cubic feet 2011-2016 Compound Growth: 2.7% The world price of natural gas is represented annually by the equally weighted monthly averages of the Russian natural gas border price in Germany, the Indonesian liquefied natural gas price in Japan and the natural gas spot price at the Henry Hub in Louisiana. Data is sourced from the International Monetary Fund.

During the Marcellus Shale debate, one of the Republican talking points we heard was that if PA's severance tax was too high, or if our environmental regulations were too strict, natural gas drillers would move across the border to Ohio. The theory was that high taxes and high regulatory costs would lead to less drilling, by driving up the cost of production. This was always a silly argument, since less drilling would mean higher prices for gas, and leading to more sustained interest in drilling.

IBISWorld Industry Report 48621 Gas Pipeline Transportation in the USNovember 2011  |  Justin Molavi Move along: High demand and low prices of natural gas will support industry growth IBISWorld Code: 48621 NAICS 2002 Code: 48621 NAICS 2007 Code: 48621 Forecast to: 2016 Next Expected Publish Date: May 2012 Major Players Referenced:  Kinder Morgan Energy Partners LP  El Paso Corporation  Spectra Energy Corporation  Williams Companies Inc Industry Definition Firms in this industry transport natural gas by pipelines from processing plants to local distribution systems. This industry does not include the recovery of natural gas from wells or the processing of natural gas.