The natural gas bonanza brought about by unconventional drilling may be displacing coal and diesel as a “cleaner” fuel, but methane leaks from the surge in drilling and processing destroy that advantage, according to the environmental think tank World Resources Institute (WRI).
Analysis
Articles from Analysis
Barclays Expects U.S. NatGas Rig Count to Remain Below 450 in 2013
The U.S. natural gas rig count is expected to remain below the 450 mark this year, according to an analysis by Barclays Capital.
Analysts See U.S. Oil Rig Count Drifting Lower As Gas Slowly Recovers
The U.S. oil rig count will continue to “drift slowly lower” in 2013 and 2014 in part because of technology and in part to balance the market, according to an updated analysis by Raymond James & Associates Inc.
Higher Natural Gas Prices Indicate ‘Very Slow’ Drilling Recovery
The summer market for natural gas has improved for producers, but there are obstacles still in play, according to an analysis by Raymond James & Associates Inc.
New York’s IOGA Rebukes State’s ‘Excessive’ Fracking Proposals
The Independent Oil & Gas Association of New York (IOGA) has submitted 119 pages of comments to the state Department of Environmental Conservation (DEC), just before the deadline to comment on the proposed rules governing high-volume hydraulic fracturing (HVHF).
S&P: Stuck in the Dry Gas Flatlands
An analysis of natural gas market and gas patch dynamics by analysts at Standard & Poor’s Ratings Services (S&P) yields little reason to be excited about dry natural gas production. And ongoing low natural gas prices won’t be much of a catalyst for opportunistic mergers and acquisitions (M&A), one S&P credit analyst said Wednesday.
New York DEC Releases 90 Pages Outlining Frack Rule Changes
The New York Department of Environmental Conservation (DEC) has released 90 pages of documents detailing proposed regulations governing high-volume hydraulic fracturing (HVHF), and it has set the dates for a 30-day public comment period on the proposed rules. The action appeared to signal a long-awaited break in the state’s drilling moratorium.
EPA Presses FERC to Expand Analysis of Cove Point Exports
The Environmental Protection Agency (EPA) has called on FERC to expand the scope of its environmental analysis of Dominion Cove Point’s proposed liquefaction facilities to include the “indirect effects” related to natural gas drilling and combustion.
EPA Presses FERC to Expand Cove Point Analysis
The Environmental Protection Agency (EPA) has called on FERC to expand the scope of its environmental analysis of Dominion Cove Point’s liquefaction facilities, asking it to look into the “foreseeable future” and to exceed its jurisdiction by reviewing the “indirect effects” related to natural gas drilling and combustion.
EPA Presses FERC to Study Environmental Impact of Shale Gas
The Environmental Protection Agency (EPA) has called on FERC to expand the scope of its environmental analysis of Dominion Cove Point’s proposed liquefaction facilities, looking into the “foreseeable future” and exceeding its jurisdiction to include an investigation into the “indirect effects” related to natural gas drilling and combustion.