Accupoint Software

  • Home
  • QHSE Software
    • API Spec Q1 QMS Software
    • API Spec Q2 QMS Software
    • ISO 29001 QMS Software
    • ISO QHSE Software
    • Renewable Energy QHSE Software
    • Field Service Software
    • PSM Software
  • QHSE Services
    • Consulting
    • Support Services
    • Mobile App Services
  • Pricing
  • About Us
    • Company
    • Partner Programs
    • Contact Us
  • Resources
    • Blog
    • Videos
    • Client Resources
  • Home
  • QHSE Software
    • API Spec Q1 QMS Software
    • API Spec Q2 QMS Software
    • ISO 29001 QMS Software
    • ISO QHSE Software
    • Renewable Energy QHSE Software
    • Field Service Software
    • PSM Software
  • QHSE Services
    • Consulting
    • Support Services
    • Mobile App Services
  • Pricing
  • About Us
    • Company
    • Partner Programs
    • Contact Us
  • Resources
    • Blog
    • Videos
    • Client Resources

Who Pays When Natural Gas Prices Plummet?

4/16/2015

 
Despite the bitterly cold, and blistering winter the Eastern Seaboard has just fought through, the mild and almost non-existent winter of the West Coast has the US using 30 percent less natural gas than we did last year. And now according to The Fiscal Times, "there is over 1,470 billion cubic feet of natural gas in storage." With the peak season over, improved natural gas pipelines, and this increase in supply, the US is experiencing the lowest price for natural gas in three years.

The improved pipeline situation is a result of new pipelines, and older ones being re-purposed, making it easier to get the gas where it needs to go at a fraction of the cost, and ultimately driving down the end price as well.  The US Energy Information Administration claims, "The US natural gas pipeline network is a highly integrated transmission and distribution grid that transports natural gas to and from any where in the continental US. The grid is comprised of more than 210 natural gas pipeline systems, over 300 thousand miles of interstate and intrastate transmission pipelines, more than 11 thousand delivery points, 24 market centers or hubs, and 400 underground natural gas storage facilities."

It's likely that natural gas drillers, coal mining companies, and coal plant owners will be the hardest hit by the low prices, and will have to make strong and effective decisions to improve their operations in order to absorb some of the lost revenue. While consumers, and utilities that own their own power plants will come out ahead. It will be imperative for drilling companies to increase their productivity by deploying advanced technology, more efficient equipment, and smarter operating software systems. The natural gas industry certainly isn't going anywhere, and will most like come out of the price plummet situation more streamlined, effective, and prosperous. Please contact us today to increase your competitive edge with comprehensive quality management solutions that are designed to help companies optimize decision-making capabilities, and improve their bottom line while offering a flexible, cloud-based platform.


Comments are closed.

    Archives

    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    August 2021
    July 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013


Accupoint Software Links

Oil and Gas QMS SoLUTIONS

  • InterLink  | API Specification Q1 Software
  • SAM | API Specification Q2 Software
  • Acurx | ISO 29001 QMS Software​
  • OpX | Process Safety Management Software

Renewable ENERGY QMS SoLUTION

  • Energia | Renewable Energy QHSE Software

Manufacturing QHSE SoLUTION

  • OpLink | Integrated ISO QMS Software

Workflow Management SOLUTIONS​

  • UpStream | Field Service Management Software
  • MPX | Mobile Application Development
Vertical Divider
About Us
​Accupoint Software is a global provider of innovative software solutions to the oil and energy industry.  Our integrated compliance software expands operational awareness, improves efficiency and manages complex regulatory and customer requirements.

Contact Us
API Spec Q1 and API Spec Q2 Quality Management Software
Sales, Technical Inquiries and Customer Support:
| 800.563.6250
​| websupport@accupointsoftware.net
Oil & Gas Software, Consulting, Training and Documentation​

Copyright © 2023.  Accupoint Software.  API Spec Q1, API Spec Q2, ISO 9001 and ISO 29001 Quality Management Software for the Oil and Energy Industry.