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2012

Carbon Tax Talked Up Once Again

The time may be right to push for a carbon tax, both to reduce emissions and to help stabilize the U.S. economy, according to policy wonks and academics. Whether the Obama administration or Congress are ready to tackle sweeping climate change legislation again after a bill foundered in Congress two years ago, however, is questionable.

November 21, 2012

FERC Proposes Quarterly Natural Gas Price Reporting

The Federal Energy Regulatory Commission last Thursday issued a notice of inquiry (NOI) on whether to require quarterly reporting of FERC-jurisdictional next-day and next-month transactions under the Natural Gas Act in order to increase transparency in the wholesale natural gas market.

November 19, 2012

Shale Gas Needs Infrastructure Investment, Says KKR Exec

Tapping all of the potential in U.S. shale natural gas isn’t a given; it requires changes to, and investment in, basic energy infrastructure, including an expansion of the U.S. pipeline and storage network, according to KKR & Co. LP.

November 19, 2012

FERC Proposes Quarterly Natural Gas Price Reporting

The Federal Energy Regulatory Commission Thursday issued a notice of inquiry (NOI) on whether to require quarterly reporting of FERC-jurisdictional next-day and next-month transactions under the Natural Gas Act in order to increase transparency in the wholesale natural gas market.

November 16, 2012
Alberta’s Natural Gas, Oil Shale Potential Said to Be Colossal

Alberta’s Natural Gas, Oil Shale Potential Said to Be Colossal

After more than a century of production from conventional pools, astronomical volumes still await the new methods of extracting natural gas and oil from Alberta’s shale, according to provincial earth scientists.

November 9, 2012

Superstorm Sandy Slams Northeast’s Coastal LDCs

Natural gas distribution facilities sustained the heaviest damage when Hurricane Sandy slammed into the East Coast last week, while exploration and production (E&P) operations in the Marcellus Shale and pipeline systems in the region incurred either minimal or no disruptions. The severe weather for the region may not be over yet. The National Weather Service (NWS) is predicting that a nor’easter could hit the mid-Atlantic and New England by Tuesday, Election Day.

November 5, 2012

Cut Global Gas Flaring by 30%, Says Group

Countries and companies that produce oil should reduce the flaring of associated natural gas by 30% by 2017, the World Bank-led Global Gas Flaring Reduction (GGFR) partnership said last Wednesday. Meanwhile, in the United States and Mexico, progress on flaring reduction is being made as gas-handling infrastructure is built out in oil plays.

October 29, 2012

Duvernay Auditions as Next Unconventional Star

Canada’s Duvernay Shale has the potential to become one of the “most attractive liquids-rich plays” in North America, according to Wood Mackenzie analysts, who point to ExxonMobil Corp.’s decision this month to pay $3.1 billion for one of the play’s biggest developers as affirmation.

October 29, 2012
Eagle Ford Shale Is a Dollars and Jobs Gusher

Eagle Ford Shale Is a Dollars and Jobs Gusher

By 2021, the Eagle Ford Shale could produce nearly $62.1 billion in output, support about 82,600 full-time jobs, add nearly $34 billion in gross regional product and about $888 million to local government revenues and $1.6 billion to state revenues, according to a new studies of 14 South Texas counties comprising the Eagle Ford area.

October 29, 2012

Flaring Group: ‘Cannot Afford to Waste This Gas Anymore’

Countries and companies that produce oil should reduce the flaring of associated natural gas by 30% by 2017, the World Bank-led Global Gas Flaring Reduction (GGFR) partnership said Wednesday. Meanwhile, in the United States and Mexico, progress on flaring reduction is being made as gas-handling infrastructure is built out in oil plays.

October 26, 2012
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