Bullet

Shale gas is the “magic bullet” the U.S. petrochemical industry needs to make a full recovery from a decade of economic stagnation, according to Houston-based Chemical Market Resources Inc. (CMR), which advises the chemical, petrochemical and plastics industries.

Shale gas is the “magic bullet” the U.S. petrochemical industry needs to make a full recovery from a decade of economic stagnation, according to researchers from Chemical Market Resources Inc. (CMR), a Houston firm that advises the chemical, petrochemical and plastics industries.

Oil and natural gas producers have dodged — at least temporarily — a bullet in the deficit-reduction package that President Obama and congressional leaders agreed to in time to avert a default on the government’s debt obligations.

Oil and natural gas producers have dodged — at least temporarily — a bullet in the deficit-reduction package that President Obama and congressional leaders agreed to late Sunday.

Texas lawmakers are not yet into the meat of their current legislative session, but the oil and gas industry appears to have dodged one bullet already, according to the president of the Texas Independent Producers and Royalty Owners Association (TIPRO). Still, it’s early, and lawmakers in budget-strapped Texas could very well look to the state’s oil and gas breadbasket to take up some of the slack.

Texas lawmakers are not yet into the meat of their current legislative session, but the oil and gas industry appears to have dodged one bullet already, according to the president of the Texas Independent Producers and Royalty Owners Association (TIPRO). Still, it’s early, and lawmakers in budget-strapped Texas could very well look to the state’s oil and gas breadbasket to take up some of the slack.

Oil and natural gas producers dodged a bullet last Wednesday when Rep. Diana DeGette (D-CO) agreed to withdraw a controversial amendment that would have required service companies to publicly disclose the fluids used in hydraulic fracturing (hydrofracing), a technique used to stimulate production of natural gas from wells drilled in shale gas plays.

Oil and natural gas producers dodged a bullet Wednesday when Rep. Diana DeGette (D-CO) agreed to withdraw a controversial amendment that would have required service companies to publicly disclose the fluids used in hydraulic fracturing (hydrofracing), a technique used to stimulate production of natural gas from wells drilled in shale gas plays.

A mandatory cap on carbon dioxide (CO2) emissions will not be a magic bullet to drive up demand for natural gas among power generators, according to research by Duke University’s Climate Change Policy Partnership (CCPP).