Lydia Meigs World Shale Gas Conference and Exposition

Less than three weeks until the World Shale Gas Conference and Exposition. The conference will be held November 3-5, 2010, in Dallas and is a great chance to meet people in the energy industry. The list of speakers is pretty impressive including AGA’s own Chairman Bob Skaggs. Other names on the list you might recognize include Jack Williams (XTO Energy Inc), Aubrey K McClendon (Chesapeake Energy), and Jeff Wright (FERC). The Conference website includes a full list of speakers.

Our own Chris McGill is also doing a couple sessions at the conference, including one titled.”What Impact will Shale Gas Have on International Gas and LNG Markets?” Certainly sounds interesting. You can find all the sessions here to see what interests you. If you’re interested the networking aspect of the conference, there are some activities that won’t disappoint. ‘A Night on the Ranch’ Informal Networking Dinner looks like it would be a great time.

Hop on over to the conference website to register. AGA members get a discounted registration fee so let me know if you need help with that. Looking forward to seeing you there!

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Chris McGill Natural Gas Market Indicators

101015 ngmi mcgill Natural Gas Market Indicators

Year-to-date domestic natural gas demand is up about 3.6 percent from that of 2009, primarily due to additional gas supplied to power generators and to some extent industrial users. The modest overall increase has not been enough to completely offset growing domestic production and, therefore, natural gas prices have continued to fall as the country approaches the coming winter.

This should be good news for home heating customers and others this winter, depending on weather and ultimate usage, of course. The current Winter Fuels Outlook from EIA shows expectations for average natural gas home heating bills to be about 3.6 percent higher this winter than last based primarily on a slightly higher average commodity price in 2010 compared to 2009.

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

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Chris Hogan AGA Supports Removal of Deep Water Drilling Ban

America’s offshore oil and natural gas production has had an exceptional record of safety and environmental stewardship, and just as the entire space program was not scrapped after the Challenger accident, AGA believes it critical that the professionalism and responsibility of all offshore exploration not be judged solely by the BP incident in the Gulf of Mexico.

In addition to the impact homegrown energy has on our national security, it plays a significant role in creating jobs and sustaining the U.S. economy. So, while the removal of the ban will not turn the tide overnight, it is a step in the right direction and we are pleased to see the administration lift the deep water drilling ban.

Natural gas can be found in abundance on American soil, with more than 100 years of supply at our fingertips. This clean, efficient, affordable fuel is available right now for home heating, cooking, water heating and power generation. AGA supports environmentally sound access to our country’s vast resources of natural gas, both onshore and offshore.

With the right policy decisions from our lawmakers, AGA’s 195 member utilities will continue to deliver natural gas safely and reliably to their 70 million U.S. natural gas customers for many years to come.

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Bruce Kauffmann Parker interview-part one

The cover story for the October issue of AGA’s flagship publication, American Gas magazine, is an interview with AGA President and CEO David Parker in which he shares his thoughts on his 13 years as AGA’s leader, the changes to both the natural gas industry and AGA over those 13 years, and what he thinks the future of AGA and the industry will look like.  The following is an edited excerpt of one of that interview’s questions and answers.  Look for others in subsequent weeks or read the whole interview here.

AMERICAN GAS: What other specific measures [related to increasing AGA’s visibility and voice on Capitol Hill] can you talk about? Right away you decided we needed a business operating plan, for example.

PARKER: Well, to me, increasing our visibility meant increasing it in the federal arena, which is in Washington, D.C. Whether it was working on Capitol Hill or in the regulatory agencies, we needed to be closer to the power centers, so we ultimately ended up at 400 North Capitol Street, which is very close to Congress, just two blocks from FERC [the Federal Energy Regulatory Commission], just across the Mall from the Department of Transportation and Office of Pipeline Safety, as well as just down the street from EPA [the Environmental Protection Agency]. Bottom line, we are much closer to the bodies that oversee our members’ legislative and regulatory priorities.

As for the business operating plan, when I came to AGA I discovered that many of our activities had very little focus—there was no central measuring stick that staff with management responsibilities could use to review how their responsibilities fit in with the association’s ongoing priorities. So … we developed a plan to poll our members to determine their advocacy priorities. With those priorities established—it was basically a scorecard—we then created a plan to determine how those priorities would be achieved, what resources they needed, how well we were progressing and so forth. That’s how the business operating plan was established, and every February at our board meeting, both our advocacy priorities and business operating plan are approved by the board.

Then at subsequent meetings throughout the year we measure our progress, and at the end of the year we tally up how we did. And I’m pleased to say that over the last dozen years that we’ve had this plan, we have successfully accomplished 75 percent of the things that we sought to do. We moved probably another 15 to 20 percent of those remaining items forward—they are ongoing. As for those three or four key things we didn’t accomplish, in large part it wasn’t because we didn’t manage them properly. It was because the federal or legislative agenda changed on us.

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