Entries Tagged as ‘energy’

August 7, 2006

Another case of criminal activity

Seems BP ignored maintenance issues on the Alaskan pipeline for 7 years.  Didn’t matter that record profits were swelling the ole bank accounts.
Read this article — if you as an individual had committeed these “sins”, how long could you elude jail?

July 10, 2006

About that bridge you want to sell

An editorial viewpoint in this week’s Business Chronicle urges Georgia to build a pipeline from the LNG facility off Savannah for the following reasons:

Bring more liquid natural gas to Georgia. We need to take advantage of the Elba Island terminal off the coast of Savannah, one of only four in the nation. More natural gas [...]

July 10, 2006

Laws of Supply, Demand — need new adding machine

From Friday’s San Francisco Herald:
In other Nymex trading, August natural gas futures fell 14.1 cents to settle at $5.523 per 1,000 cubic feet — the lowest close since Sept. 27, 2004, when prices finished at $5.262.
The United States is awash in natural gas and some analysts believe there may not be enough underground storage capacity, [...]