U.S. natural gas prices could be as low as $1 this coming fall, says John Walker, president and chief executive of EnerVest Ltd. and executive chairman of EV Energy Partners LP (EVEP), both gas producers.

Enterprise Products Partners L.P. (NYSE: EPD) and Enbridge Inc. (NYSE/TSX: ENB) announced that modifications to the Seaway crude oil pipeline allowing it to transport crude oil from Cushing, Oklahoma to the U.S. Gulf Coast have been completed.

Ethane prices picked up this week as light NGLs showed greater strength, if not higher values, than their heavy counterparts for the second straight week at both Mont Belvieu and Conway.

Last year, Enterprise Products Partners began a major push to expand its presence in the Eagle Ford shale through the start of a plan to invest $4 billion in growth capital projects in the play between 2010 and 2013.

During a conference call to discuss Q1 2012 earnings, Mark Borer, president and chief executive of DCP Midstream Partners, noted that the company remains committed to utilizing the advantages found in the MLP structure for growth.

An industry downturn in the 1980s left behind a talent gap in the energy sector, as many young employees were laid off and left the business and new hires were nonexistent.