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Producers in the Eagle Ford Shale of South Texas are having to take the bad with the good. The good: abundant oil and liquids-rich gas production in an era of very low dry gas prices. The bad: a dearth of infrastructure to handle the play’s robust output.

Pennsylvania must begin to take steps to protect average homeowners from rising housing costs and rental rates in the Marcellus Shale region, according to a new study.

Hundreds of landowners with the nonprofit Associated Landowners of the Ohio Valley (ALOV) have agreed to sign lease agreements with Chesapeake Energy Corp.

Prices for gas for Monday delivery fell an average of just over a penny nationwide Friday. Buyers in the Midwest reported a quiet market with Monday gas at NNG Demarcation falling just over three cents and gas at the Chicago citygates dropping slightly less than two cents. West Coast gas for the weekend and Monday softened amid the highest recorded flows on the newly opened Ruby pipeline.

A single Marcellus Shale well in southwestern Pennsylvania directly adds $7.6 million to the economy, on average, according to a new study released Tuesday.

Much of the northern United States can expect temperatures to average significantly above normal over the next three months, while the Pacific Coast and parts of the Southeast will be cooler than normal, according to forecasters at Andover, MA-based WSI Corp. Below-normal temperatures will become more likely in the East and Central areas by late November, the forecasters said.

While unemployment has improved, it is still higher than the national average, so the Nevada economy continues to limp along and likely will do so through next year, the CEO of NV Energy Inc. told financial analysts Monday on a second quarter conference call in which he reported greatly reduced profits quarter over quarter.

Pennsylvania lost nearly $200 million in state revenue by not imposing a tax on natural gas in October 2009, according a statewide think tank.

South Korea’s state-run Korea Gas Corp. (KOGAS), the world’s largest liquefied natural gas (LNG) buyer, is joining the Cordova Embayment natural gas project in British Columbia.