The gas is a crucial part of a proposed multibillion-dollar natural gas pipeline. Exxon says it also holds an estimated 200 million barrels of condensate or liquid hydrocarbons. ThatвЂ™s about a quarter of all the known gas reserves on the North Slope. Exxon says the field on the Beaufort seat coastline about 60 miles east of Prudhoe Bay holds an estimated eight trillion cubic feet of gas. The well is part of the first phase of ExxonвЂ™s planned $1.3 billion natural gas cycling project at Point Thomson. The Anchorage Daily News reports that Irving-based ExxonMobil plans to complete the well by the end of next year and begin production by the end of 2014. The project appeared certain last month when Petrochina, AsiaвЂ™s largest oil and gas company, agreed to buy 2.25 million tons of liquefied natural gas per year from the gas field, in AustraliaвЂ™s biggest-ever export deal.Д®xxonMobil has drilled the first section of its first production well at the Point Thomson Field on AlaskaвЂ™s North Slope. Chevron Australia, which owns a half share in the project and is the field operator, said in a statement that it had agreed with its partners ExxonMobil and Royal Dutch Shell to develop the gas field. In a statement released over the weekend, Petroleos de Venezuela says the partners will also invest in a facility to turn the heavy crude into lighter oil.Д¬hevron has announced that the Gorgon gas project will be developed off northwest Australia. Venezuela will have a 60 per cent stake in the venture and its partners will share the remaining 40 per cent. The joint enterprise will exploit an area of VenezuelaвЂ™s heavy-oil producing Orinoco oil belt, where they expect to pump 400,000 to 450,000 barrels a day. A British-Russian joint venture also is participating. State-run Petroleos de Venezuela says its agreement is with a consortium of Russian oil and gas companies. Venezuela says it has signed a deal with five mainly Russian energy companies to exploit its deposits of heavy crude oil. Energy Information Administration, and expects another 12 per cent buildup in October. Natural gas storage is 17 per cent greater than it was last year, according to the U.S. Natural gas prices are spiking more than 13 per cent, even though thereвЂ™s a current glut in supply.

The cash for clunkers program is credited with the sales increase. The Greater Houston PartnershipвЂ™s Skip Kasdorf says the 25,683 new vehicles sold in August represents the largest monthly total since last August. But sales still trailed August 2008 by 6.5 per cent. The number of new cars, trucks and SUVs sold in the ten-county Houston metro area in Austin jumped 49.1 per cent from July, according to Tex Auto Facts Report, published in Sugar Land. Louis had the lowest price, $2.26 a gallon for regular. Analyst Trilby Lundberg says the average price for a gallon of mid-grade was $2.72. ThatвЂ™s according to the national Lundberg Survey of fuel prices released Sunday.

is down about a nickel from three weeks ago to $2.59 a gallon. The tour bus makes stops and passengers have the option to hop off for a few minutes explore and take pictures & hop on back to continue with your tour experience.The average price of regular gasoline in the U.S. Operates: Departure from Visitors Center at 10:00am - 11:30am - or 1:00pm 7 Days a week. Brown Convention Center / Minute Maid Park / Downtown Historic District Market Square / Downtown Aquarium / MATCH - Midtown Arts & Theater Center Houston Sam Houston Park / Discovery Green / George R. Downtown Aquarium - Main access at Aquarium Fountain Theater District - 1100 Bagby street ay Heritage Society building Midtown - Bagby park at Midtown ( Grey street & Bagby street )Attractions on the Houston's Official City Tour: Minute Maid Park - Outside Main building ( former Union station ) Market Street - Corner of Travis street and Congress Street at Market Square. Brown Convention Center - Corner of Walker and Avenida Houston in front of Convention Center.

Route Duration: 1 hour 20 minutesStops on the Houston's Official City Tour:1302 Dallas St - Visitor Center located behind Four Seasons Hotel at Convention Center area.

September 14th houston hyperfleet