Monthly Archives: September 2013

Adam Cloch Minnesota Energy Resources Rewards Non-Profits That Improve Community

Minnesota Energy Resources created an innovative grant opportunity of up to $3,000 for non-profit organizations located and operating in their service area called “It’s Worth the Energy.” Organizations that wished to be selected for the grant were asked to submit a project proposal aimed at improving the community in one of three areas: Environment, Community or Human Services. 

An independent panel of judges selected the top three projects to be voted on by followers that “like” Minnesota Energy Resources’ Facebook page.  Voting will end October 1 and then the winner will be announced on October 2 on Facebook. All three project finalists will receive a grant of $3,000, $2,000 or $1,000 depending on how many votes they receive.  

The three finalist organizations selected for voting are as follows:

  • 360 Communities, Burnsville, MN
  • Boys + Girls Club of Rochester and Child Care Resource & Referral Head Start, Rochester, MN
  • Headwaters Science Center, Bemidji, MN

If you are interested in voting, head to Minnesota Energy Resources’ Facebook page, click “like” and then go here to vote once per day.  To help you decide, here is information about each organization’s potential plans for the grant:

  • 360 Communities plan to use their grant money to support Family Resource Centers to help with emergency and basic needs while focusing on solutions to prevent future crises and promoting self-sufficiency.
  • Boys & Girls Club of Rochester and Child Care Resource & Referral Head Start will put the grant money towards programs to create a future where kids have an increased school readiness, higher graduation rates, increased employment, stronger families and a better future for Minnesota.
  • Headwaters Science Center plan to use the grant money to help pilot three new outreach programs and professional development sessions for educators. These programs will partner with schools in rural Minnesota to engage students and teachers in hands-on science, technology, engineering, art and match activities.

It is not too late to make a difference! To show your support for one of these groups, go online and vote by October 1.

*Communications & Marketing Department Intern Terence Edelman contributed to this story.

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Adam Cloch How Might Market Conditions Impact Natural Gas Customers this Winter?

When the cooler months come, we know many across the country have to crank up their thermostats and use a little more fuel to keep warm. Everyone needs to budget, and it’s helpful to have an idea of how much to set aside for your monthly utility bill, or to consider whether now is the time to switch fuels. To help customers plan, the American Gas Association (AGA) has gathered some key data pointing to what natural gas costs might look like this winter.

On Tuesday, October 1, AGA experts will give their outlook for this winter’s natural gas market. AGA Director of Policy Analysis Bruce McDowell will lead a press conference discussing how weather forecasts, domestic supply, consumer use and conservation and infrastructure all play a role on natural gas customer bills. He will be joined by Senior Managing Counsel for Regulatory Affairs Andrew Soto, who will discuss the particular challenges surrounding regional gas-electric coordination and pipeline capacity and what can be done to help ensure energy reliability in the area.

Last year, natural gas bills continued to be among the lowest in the past decade and natural gas offered the best value to energy customers due to the low price of natural gas made possible by its domestic abundance. Residential customers who used natural gas appliances were able to save up to $1200 on space heating and more than $250 on water heating. Meanwhile, natural gas utilities helped customers save over $300 million and offset 6.5 million metric tons of carbon dioxide emissions by funding efficiency programs.

It was a good year to be a natural gas customer.

Stay tuned to AGA to hear what our experts have to say about this winter’s heating season.

We will be livetweeting at 11:30 am EST from @AGA_naturalgas using the hashtag #AGAOutlook

Media representatives looking to cover the event may send their request to cnyquist@aga.org.

Learn more: AGA Website | Twitter | Facebook | Blog

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Adam Cloch Natural Gas Market Indicators: September 12, 2013

Relative market stability remains a dominant theme within the national natural gas market. Working gas storage volumes are above the five-year average, as well as within percentage points of closing the early season gap in comparison to 2012. Coupled with still-growing domestic production volumes and an uneventful tropical storm season for the coastal production regions of the United States thus far, preparations for the coming winter appear robust.

Overall summer temperatures have been higher than normal, but with natural gas acquisition prices about 75 cents per MMBtu higher than last year, volumes of natural gas to power generators have slipped nearly 14 percent year to date compared with one year ago.

For the first six months of 2013, natural gas electricity generation dropped 14 percent. Coal filled about 4/5ths of that generation gap, while renewable electricity generation – including hydro – made up most of the difference. Despite the swing in natural gas volumes to power generation, prices remain relatively low and stable.

Visit this link to download the full Natural Gas Market Indicators report. Topics covered in this week’s report include: Reported Prices, Weather, Working Gas in Underground Storage, Natural Gas Production, Shale Gas, Rig Counts, Pipeline Imports and Exports, and LNG Markets.

Please direct questions and comments to Chris McGill at cmcgill@aga.org or Richard Meyer at rmeyer@aga.org.

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Richard Meyer Natural Gas Market Indicators: Aug. 30, 2013

New data from the U.S. Bureau of Labor Statistics shows that from the start of 2007 until 2012, oil and natural gas industry employment has grown much faster than total private sector employment. Since 2007, total private sector employment increased by 1 million jobs, or about 1 percent. During the same period, the oil and natural gas industry added 162,000 jobs, a gain of 40 percent. Jobs indirectly associated with or that support oil and gas development, from well construction to restaurants serving workers, have also grown during this time.

Meanwhile, the summer is coming to a close and cooler temperatures will set in. Summer has fluctuated between very hot and cool, but overall temperatures have been higher than normal.

Gas to power demand is down 11 percent from the record volumes last summer, but at 28.3 Bcf per day, gas volumes into power generation are still above historical averages. Volumes of gas that last year went to power generation are this year directed into storage, which is just above the five year average and has been about average since earlier this year.

Visit this link to download the full Natural Gas Market Indicators report. Topics covered in this week’s report include: Reported Prices, Weather, Working Gas in Underground Storage, Natural Gas Production, Shale Gas, Rig Counts, Pipeline Imports and Exports, and LNG Markets.

Please direct questions and comments to Chris McGill at cmcgill@aga.org or Richard Meyer at rmeyer@aga.org

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