Chemicals used in hydraulic fracturing (fracking) have attracted the most attention from people wary of the well stimulation practice, but water consumption is another worry of fracking skeptics, as evidenced by to two recent reports.
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Low Natgas Prices Boost Fuel Cell Use
Fuel cells that use natural gas to chemically produce electricity with small onsite distributed generation units are receiving increased attention because of low natural gas prices, according to Danbury, CT-based FuelCell Energy Inc. (FCEL), a leading manufacturer of gas-based units that are up to 2.8 MW in size.
Report: Perryville Rising, Basis Flattening
While over recent months the Marcellus and Utica shales have attracted most of the attention focused on shale gas supplies, the southeastern United States — where the shale boom hit earlier — is still dealing with the consequences of shifting supplies, according to a report by LCI Energy Insight and Energy Ventures Analysis.
Report: In the Southeast Perryville is Rising, Basis Flattening
While over recent months the Marcellus and Utica shales have attracted most of the attention focused on shale gas supplies, the southeastern United States — where the shale boom hit earlier — is still dealing with the consequences of shifting supplies, according to a report by LCI Energy Insight and Energy Ventures Analysis.
Shale Gas Seen Driving Long-Term Price Trend
Natural gas, bring it on! That captures the current outlook of California’s energy planners, who are counting on gas supplies to continue to be plentiful and low-priced in North America.
Stuck in the Middle, November Drifts Lower
November futures eased in light trading Monday as traders saw the day’s activity as insufficient to attract the attention of either bulls or bears. At the close November had fallen 2.5 cents to $3.604 and December had shuffled lower by 3.2 cents to $3.794. December crude oil rocketed higher in concert with equity market strength, adding $3.87 to $91.27/bbl.
Natural Gas on ‘Back Burner;’ Traders Look Elsewhere
October natural gas drifted lower as traders diverted much of their attention to other markets. Volume was light and spot October was limited to a 6-cent range. At the close October had eased 0.4 cent to $3.701 and November had shaved 1.6 cents to $3.766. November crude oil fell 66 cents to $79.85/bbl while carving out a trading range of more than a $4. The Dow Jones Industrial Average rose 38 points to 10,771.
Canada’s Cordova Embayment Drawing International Interest
Fledgling Canadian shale gas development is growing a new wing that is attracting Asian as well as North American investment attention as a supply source with potential to reach international scale.
Canada’s Cordova Embayment Drawing International Interest
Fledgling Canadian shale gas development is growing a new wing that is attracting Asian as well as North American investment attention as a supply source with potential to reach international scale.
AGA Executive: State-Level Regulation Works Best
North America’s strong natural gas supply outlook is thanks to what has taken place below ground: horizontal drilling with long laterals and hydraulic fracturing well stimulation. However, what is happening above ground will determine to what extent these efforts will benefit the country’s energy security.