Consol’s Marcellus-Weighted 3P Reserves Jump 41%

Appalachian Basin producer Consol Energy Inc. said Monday its estimated proved, probable and possible (3P) reserves totaled 20.2 Tcf at the end of 2011, which was 41% higher than in 2010.

February 7, 2012

‘Sell Now’ Trumps ‘Buy The Dips;’ July Weakens

July futures retreated Wednesday as traders booked gains and viewed current price levels as selling opportunities. Traders, however, see market psychology as having changed to one of buying on weakness. At the close July dropped 3.7 cents to $4.629 and August shed 3.3 cents to $4.667. July crude oil tumbled $2.41 to $100.29/bbl.

June 2, 2011

Proposed Alaska Ballot Measure Would Tax Producers Until Gas Pipeline is Built

Several Alaska lawmakers and labor leaders are backing a new proposed ballot measure that would place a tax on the booked Alaska natural gas reserves of producers until they place into service a natural gas pipeline to the Lower 48 states.

July 25, 2005