Consumers generally favor increased domestic energy production but have mixed feelings about the current natural gas boom, a recent poll by the University of Texas at Austin (UT) found. In particular, the survey illustrates how sharply divided the public remains over the use of hydraulic fracturing (fracking) for well stimulation.
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Pennsylvania Official: Drilling on Public Lands Will Raise $60M
A Pennsylvania official said royalties from Marcellus Shale natural gas drilling on public lands will add about $60 million to state coffers this year.

Marcellus Is Biggest Fish in a 1.1 Qcfe U.S. Shale Gas Pond
Lower 48 onshore oil and gas reserves are a huge energy pond, about 1.1 Qcfe worth, and the Marcellus Shale is its biggest fish. According to new research from Calgary-based ITG Investment Research, “the Marcellus dwarfs any other resource at 330 Tcfe, followed by the Eagle Ford and Bakken [shales] at 152 Tcfe (25 billion boe) and 72 Tcfe (12 billion boe), respectively.
FERC OKs Equitrans Transfer of Marcellus Sunrise Pipe to Affiliate
FERC Tuesday approved Equitrans LP’s request to abandon by sale its Sunrise Pipeline facilities that are currently under construction to a newly created affiliate, Sunrise Pipeline LLC, which was formed by Equitrans owner EQT Corp.
North Carolina Gas Reserve Estimates Said Too Optimistic
North Carolina’s assistant state geologist said estimates put forth by supporters of natural gas development in the Tar Heel State are overly optimistic and actual reserves are probably much lower.
State Geologist Says Some North Carolina Gas Supply Estimates Too Optimistic
North Carolina’s assistant state geologist said estimates put forth by supporters of natural gas development in the Tar Heel State are overly optimistic and actual reserves are probably much lower.
Study: Marcellus Boom Not Driving Up Crime Rates
The Marcellus Shale boom does not appear to be driving up crime rates in Pennsylvania, but more research is needed to gauge the actual impact, according to a Pennsylvania State University report.
Reality Cameras Roll in on Shale Patch Parvenu
The rich are different, and the nouveau riche are different still. Newly premiered reality television show “Bayou Billionaires” demonstrates that it’s a long way from the fictitious East Egg of The Great Gatsby to Shreveport, LA, where Gerald and Kitten Dowden and kin have struck it rich in the Haynesville Shale. Now they want into the country club.
Low Gas Prices Help Sour Independent Power, S&P Says
Abundant natural gas, including shale, is playing a significant role in continuing the three-year slide in electric power prices and the downbeat outlook for independent power producers, say analysts.
Bears Still in Control as November Falls
November natural gas continued to come under selling pressure Wednesday as forecasts of early snow in the East as well as actual accumulations in the Intermountain West were not enough to offset an anticipated government storage report expected to show well-above-normal injections. At the close November had fallen 6.8 cents to $3.590 and December had dropped 7.7 cents to $3.775. December crude oil fell $2.97 to $90.20/bbl.