Changes

New York’s Welcome Mat for Fracking Likely Limited

Legislators and regulators in New York are hinting that should high-volume hydraulic fracturing (fracking) be permitted in the Empire State, localities that are the most receptive to the practice may be the first — and, possibly, the only — areas to allow it.

April 24, 2012

New York DEC Commissioner: No Timetable on Frack Rules

New York Department of Environmental Conservation (DEC) Commissioner Joseph Martens said there currently is no timeline for a decision on whether hydraulic fracturing (fracking) will be permitted in the Empire State’s portions of the Marcellus and Utica shales, but he predicted a long summer of work ahead.

April 23, 2012

Interior Misses Deadline to Turn Over Moratorium Documents

The House Natural Resources Committee has been investigating changes made to a report that suggested the post-Macondo well blowout moratorium in the Gulf of Mexico was supported by a panel of engineering experts, when in fact it wasn’t.

April 11, 2012

U.S. Energy Independence Appears in Sight, Raymond James Analysts Find

Following 30 years of declining oil output in the Lower 48 states, the United States now is well on its way to becoming energy independent — a structural supply shift that promises to reach well beyond oil and natural gas stocks, analysts with Raymond James & Associates Inc. said in a note Monday.

April 4, 2012

EIA Breaks Out Salt/Nonsalt Producing Region Gas Storage

In an effort to give analysts and industry more comprehensive information on the relationship between natural gas inventory changes and types of storage facilities, the Energy Information Administration (EIA) — starting with the March 22 edition of the Weekly Natural Gas Storage Report — is providing breakouts of inventory levels at salt cavern and nonsalt cavern facilities for the weekly estimates of working gas in underground natural gas storage inventories in the Producing Region, defined as Alabama, Arkansas, Kansas, Louisiana, Mississippi, New Mexico, Oklahoma and Texas.

March 26, 2012

EIA Breaks Out Salt/Nonsalt Producing Region Gas Storage

In an effort to give analysts and industry more comprehensive information on the relationship between natural gas inventory changes and types of storage facilities, the Energy Information Administration (EIA) — starting with the March 22 edition of the Weekly Natural Gas Storage Report — is providing breakouts of inventory levels at salt cavern and nonsalt cavern facilities for the weekly estimates of working gas in underground natural gas storage inventories in the Producing Region, defined as Alabama, Arkansas, Kansas, Louisiana, Mississippi, New Mexico, Oklahoma and Texas.

March 26, 2012

New York County Demands $81.3B For Lost Property Rights

Elected officials in Delaware County, NY, are demanding that the state and New York City pay $81.3 billion in reparations over 60 years for lost property rights, on the grounds that a proposal to ban hydraulic fracturing (fracking) in the city’s extended watershed would exclude 80% of the county’s land from Marcellus Shale drilling.

March 13, 2012

‘Considerable’ Work Needed on New York Fracking Rules

New York Department of Environmental Conservation (DEC) Commissioner Joe Martens said the agency plans to maintain current staff levels during the upcoming fiscal year because the budget doesn’t include funds to monitor new unconventional wells.

February 8, 2012

Shale Backers Say Proposed New York Frack Rules Too Restrictive

Several key supporters of shale development in New York say the state Department of Environmental Conservation’s (DEC) proposed rules governing high-volume hydraulic fracturing (fracking) are too restrictive and in their current form would drive operators to other states.

January 17, 2012