Dramatically increasing the production of domestic natural gas, oil and coal offers the United States its best opportunity to create sustainable jobs, but political wrangling stands in the way of achieving that goal, according to a new report from the Manhattan Institute for Policy Research.
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‘Major Energy Policy Reset’ Key to Fiscal Recovery, Researcher Says
Dramatically increasing the production of domestic natural gas, oil and coal offers the United States its best opportunity to create sustainable jobs, but political wrangling stands in the way of achieving that goal, according to a new report from the Manhattan Institute for Policy Research.
New York Fracking Decision on Hold Pending Health Impact Analysis
New York Department of Environmental Conservation (DEC) Commissioner Joseph Martens has rejected a call to conduct an independent review of the public health impacts of high-volume hydraulic fracturing (fracking) and instead asked the New York State Health commissioner to assess DEC’s health impact analysis to determine whether to permit fracking in the state.
BC Gas Tightly Linked to Asia, Says CERI
Asian markets offer the best financial outlet for the abundant natural gas supplies in British Columbia (BC), the Canadian Energy Research Institute (CERI) has concluded in a new report.
Economic Sense Has BC Gas Heading to Asia, Report Finds
Asian markets offer the best financial outlet for the abundant natural gas supplies in British Columbia (BC), the Canadian Energy Research Institute (CERI) has concluded in a new report.
$1.75B Raised for Resource Play-Focused Midstream Fund
EnCap Flatrock Midstream LLC has closed its second private equity fund, EnCap Flatrock Midstream Fund II LP (EFM II), with commitments of $1.75 billion.
Comstock and KKR in Eagle Ford JV
Comstock Resources Inc.’s second quarter results took a beating from “extraordinarily low natural gas prices,” but the company continues to shift to oil in a big way and just sealed a joint venture (JV) for its “growth engine” Eagle Ford Shale acreage. Comstock expects good things to come from the Permian Basin and plans to hold on to its Haynesville-Bossier Shale acreage in anticipation of better days for dry gas.
Marcellus Partner EOG Won’t Hit Drilling Target, Says Seneca
Seneca Resources Corp. has reduced its outlook in the Marcellus Shale after long-time joint venture (JV) partner EOG Resources Inc. said it didn’t expect to drill the minimum number of wells that were defined under an area of mutual interest (AMI).
Marylanders Urged to Support Marcellus Development
Maryland’s portion of the Marcellus Shale may be limited to only the two westernmost counties, but its development would benefit the entire state, Drew Cobbs, executive director of the Maryland Petroleum Council, told an audience in Hagerstown, MD, on Wednesday.
Royal Society: Fracking OK for the UK with Regulation
Operational best practices and “robustly enforced” regulation can make hydraulic fracturing (fracking) a safe practice in the United Kingdom, according to a review by the Royal Society and the Royal Academy of Engineering.