Tuesday, March 18, 2025
Weekly Gas Storage: Inventories increase by 76 Bcf- oil and gas 360

Daily electricity demand impacts from COVID-19 mitigation efforts differ by region

EIA Recent business shutdowns and changes to normal routines related to mitigation efforts for the 2019 novel coronavirus disease (COVID-19) have caused daily weekday electricity demand in the central region of the United States to decrease by 9%–13% in March and April compared with expected demand, after accounting for seasonal temperature changes. This decrease is similar to declines seen in New

Florida Removed From OCS Offshore Drilling Plan

From UPI The Trump administration reversed plans to include Florida in an offshore drilling proposal announced last week. Interior Secretary Zinke held a press conference at the Tallahassee airport announcing the Trump administration will not be drilling off the coast of Florida after he and Gov. Rick Scott held a private meeting Tuesday afternoon. Florida is obviously unique, Zinke said. The president

Hess Puts 2017 Spend at $2.25 Billion

Senator Moves to Prohibit Offshore Drilling on Florida’s Atlantic Coast

From UPI Moving ahead of word of a U.S. offshore drilling program for the Atlantic, a Florida Democrat called on his colleagues to pass legislation to block access. U.S. Sen. Bill Nelson, D-Fla., called on his Senate colleagues to move on a bill he tabled earlier this year that would prohibit oil and gas drilling in the U.S. waters of the

ETP Simplifies Structure with $20 Billion Sunoco Acquisition

Retirements of Coal, Oil Power Plants Beget Demand for Gas – Especially in Florida

Gas pipelines critical to get gas to Florida – state added 3.4 GW of gas-fired power since 2016, another 3.9 GW coming in next 6 years The retirement of older coal and oil-fired power plants in the state has instigated the need for new natural gas generation capacity and, because Florida lacks the appropriate geology for underground natural gas storage,