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Spectra Energy’s 20-mile expansion of the Texas Eastern and Algonquin Gas Transmission pipelines from Linden, NJ to Manhattan cost $60 million per mile, but the money is just the beginning.

Sometimes it feels like a black box and a crystal ball are the biggest help in forecasting energy product prices. Forecasting prices on the primary fuels - crude oil, natural gas and coal - which comprise over 90% of the fuel used worldwide, is an important part of the business. Price outlook coupled with demand forecast are essential considerations for developing operational levels and planning capital expenditures to meet the constant demand for fuel.

Well-organized workforce housing can be a valuable partner for companies pursuing their sustainable development goals, as well as a component of long-term profitability.

Despite vast U.S. shale gas resources and technological advances making recovery economically feasible, an absence of incentives supporting the usual investment model in which a company builds, owns and operates new pipelines – supported by long-term contracts for capacity – is hampering construction.

The Department of Energy is changing its approach in reviewing liquefied natural gas (LNG) export applications. This has been a controversial issue for several years as U.S. gas reserves have exploded, metaphorically, in the face of shale fracking.

Pipeline transmission systems operate at high pressures which must be reduced (regulated) at off-takes and distribution points. Additionally, at compressor stations and power plants, the gas pressure to feed the fuel systems of gas turbines has to be reduced to a level acceptable to the fuel system controls.

In case you hadn’t realized it, the construction business is no longer strictly a man’s domain. Thanks to inspired and inspiring executives such as Gretchen Gagel, president of Continuum Advisory Group, that image is undergoing a gradual change and will continue to do so as long as we build houses, factories and yes, pipelines.

PLS Inc., a leading Houston-based research, transaction and advisory firm, in conjunction with its international partner Derrick Petroleum Services, reports global upstream oil and gas M&A activity for Q1 2014 of $40.7 billion spread across 192 transactions (including 133 with deal value disclosed).

Polyethylene (PE) has revolutionized low-pressure gas distribution pipeline design on a global basis. PE’s combination of flexibility, ease of joining, lack of corrosion, long-term durability and lower installation cost make it the gas transporter/operator’s preferred material.

Editor’s note: This is the first in a series of articles concerning research developments in the oil and gas business.

To hear Harvey Hack tell it, engineers like he, by their very nature, are not the best subjects for interviews.

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