Changed

Tony Clark may have traded in his state regulator’s hat for a seat at FERC, but he has not changed his opinion that states are better equipped to oversee the regulation of hydraulic fracturing (fracking) than the federal government.

Even with the uptick in U.S. natural gas prices, the outlook for North American gas activity this year “has not materially changed,” according to Halliburton Co. CEO Dave Lesar.

Opposition to hydraulic fracturing (fracking) in New York State has grown slightly, according to a Siena College Research Institute poll released Monday.

New York Gov. Andrew Cuomo was reportedly considering a plan to allow 10 to 40 horizontal test wells on a trial basis in the state’s Southern Tier, but changed his mind after discussing high-volume hydraulic fracturing (HVHF) with Robert F. Kennedy Jr., his former brother-in-law and an avid environmentalist.

Most exploration and production (E&P) executives believe shale natural gas prices have bottomed out, with 87% predicting that prices will stay the same or increase over the next two years, according to a survey of 357 North American executives.

Cash prices overall tumbled 17 cents on average Thursday as weather outlooks changed abruptly. Northeastern points were the hardest hit with prices free-falling upwards of $2 at some locations, but the East and Texas suffered losses as well. At the close of futures trading December had risen 3.0 cents to $3.608 and January was higher by 2.3 cents to $3.737. December crude oil gained 65 cents to $85.09/bbl.

The energy outlook in the United States has “fundamentally changed” because of the revolution in unconventional natural gas and oil production, generating strong job creation, economic growth and government revenues, IHS Inc. said in a new report.

The energy outlook in the United States has “fundamentally changed” because of the revolution in unconventional natural gas and oil production, generating strong job creation, economic growth and government revenues, IHS Inc. said in a new report.

The U.S. energy outlook is “fundamentally changed” because of the revolution in unconventional natural gas and oil production, generating strong job creation, economic growth and government revenues, IHS Inc. said Tuesday.