The U.S. Geological Survey (USGS) said shale and other formations might be a safe place to dispose of nuclear waste, specifically spent nuclear fuel (SNF) currently being stored at nuclear power plants around the world.
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Worldwide Commodity Implosion Sends Cash, Futures Lower
Physical natural gas prices fell nationally on average by approximately 6 cents in Thursday’s trading for Friday delivery, and although futures traders usually get their deals done prior to the release of storage data, the July contract was already down 6 cents prior to the release of the government inventory data.
Ohio Utica Figures Called Misleading; Surge Predicted
Although investors were disappointed by Utica Shale production figures recently released by the Ohio Department of Natural Resources (ODNR), a surge in output should be at hand as infrastructure comes online, according to an analysis from RBN Energy LLC.

Analyst Says Ohio Figures Misleading, Predicts Surge in Gas, NGLs
Although investors were disappointed by the Utica Shale production figures released last week by the Ohio Department of Natural Resources (ODNR), a surge in production should be at hand in the play as infrastructure comes online, according to an analysis from RBN Energy LLC.

Marathon Petroleum ‘Optimistic’ on Utica Condensate Plans
Although condensate production in the Utica Shale is occurring at a slower-than-anticipated pace, Marathon Petroleum Corp. (MPC) said it has completed the conceptual engineering for condensate splitters at its refineries in Kentucky and Ohio, part of a $300 million investment to put the company in position to handle increasing volumes in the future.
ODNR Chief Asks Lawmakers to Restore Oil, Gas Rules in Budget Bill
The Ohio Department of Natural Resources (ODNR) wants lawmakers to restore several oil and gas rules that were included in the original version of the state’s biennial budget bill, but were stripped out by the state House of Representatives.

North Dakota Sets More Records in February
Although overall month-over-month totals were down, production rates set all-time high marks for oil and natural gas in February in North Dakota, state officials reported Tuesday.
Kinder Pipeline Link to Mexico on Track
Although renamed, Kinder Morgan’s El Paso Natural Gas Co. (EPNG) unit is on track to put in service next year a 60-mile, 36-inch diameter natural gas pipeline in Arizona, connecting the EPNG southern system near Tucson to the Mexican border under the new name of the Sierrita Lateral Project (formerly Sasabe).
Marcellus Backlog May Lift Gas Output
Although drilling activity in the Marcellus Shale has slowed and some producers have dropped rigs, there is enough of a drilling backlog that, if wells were brought online over a one-year period, production would continue to grow but at a slower pace, energy analysts with Barclays Capital said.

Marcellus Drilling Backlog Could Keep Production Growing in ’13
Although drilling activity in the Marcellus Shale has slowed and some producers have dropped rigs, there is enough of a drilling backlog that, if wells were brought online over a one-year period, production would continue to grow but at a slower pace, energy analysts with Barclays Capital said.