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Recent completions of natural gas pipeline projects increase transportation capacity - Today in Energy - U.S. Energy Information Administration (EIA)


Note: Map is as of March 11, 2021.
From November 2020 through January 2021, approximately 4.4 billion cubic feet per day (Bcf/d) of new natural gas pipeline capacity entered service, according to the U.S. Energy Information Administration’s (EIA) Natural Gas Pipeline Project Tracker.
Four projects have recently been completed and entered service:
Saginaw Trail Pipeline
Consumer Energy’s $610 million intrastate Saginaw Trail Pipeline entered service in late November 2020. The project replaced and expanded natural gas pipelines and infrastructure in Saginaw, Genesse, and Oakland Counties in Michigan, increasing natural gas capacity by 0.2 Bcf/d.
Buckeye Xpress Project
Columbia Gas Transmission’s (CGT) 0.3 Bcf/d Buckeye Xpress Project began operations in December 2020. The $709 million project involved infrastructure improvements and replaced 66 miles of existing natural gas pipeline with more reliable 36-inch pipe in Ohio and West Virginia. The ....

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Is ExxonMobil's $20 Billion Writedown Bad News for LNG Stocks?


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Earlier this month, oil giant 
ExxonMobil (NYSE:XOM) announced that it was going to take a massive $20 billion writedown. A substantial portion of that writedown is tied to a big investment the company made in natural gas a number of years ago that worked out terribly. At the same time, the company s management has decided to prioritize its capital investments going forward, focusing on oil assets it thinks will deliver the best returns.  ....

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THURS: State Expects Rapid Vaccine Delivery, New Orders Limit Nonessential Surgeries, + More


By Morgan Lee, Associated Press
Gov. Michelle Lujan Grisham said Thursday the first doses of coronavirus vaccine from drug maker Pfizer are expected to arrive in New Mexico within 24 hours of pending federal approval.
There are 17,500 doses of the vaccine reserved for New Mexico, which plans to distribute the initial allotment to health workers at high risk of exposure.
The state sent notifications Wednesday to 37 hospitals that are expected to receive initial vaccines.
New Mexico health officials have issued new emergency orders that could limit nonessential surgeries and prepare for rationing of other medical services as the coronavirus pandemic strains resources and personnel at hospitals and intensive care centers. ....

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