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Industry Observer: Congress Should Probe Range Well Investigation

The more one learns about the Environmental Protection Agency’s (EPA) investigation of alleged well water contamination in North Texas by Barnett Shale gas wells drilled by Range Resources Corp., the more something smells, an industry newsletter publisher claims. After examining evidence presented in the case, Gene Powell Jr. said a congressional investigation of the EPA’s action is in order.

February 15, 2011

More Unconventional Acquisitions Possible, Says Chevron CEO

Chevron Corp. could make a bigger push into U.S. unconventional plays once the acquisition of shale operator Atlas Energy Inc. is completed, CEO John Watson said Friday.

January 31, 2011

California’s Brown Recommits to Renewables

Promising “painful” budget recommendations to come, California Gov. Jerry Brown reaffirmed his commitment to renewable energy and efficiency programs as part of a sobering inaugural speech following his swearing in last Monday in Sacramento as the 39th governor of the state. Missing in his brief remarks was any mention of climate change, environmental issues or traditional fossil fuels.

January 10, 2011

California’s Brown Recommits to Renewables

Promising “painful” budget recommendations to come, California Gov. Jerry Brown reaffirmed his commitment to renewable energy and efficiency programs as part of a sobering inaugural speech following his swearing in Monday in Sacramento as the 39th governor of the state. Missing in his brief remarks was any mention of climate change, environmental issues or traditional fossil fuels.

January 5, 2011

Range Doubles Marcellus Output, Plans Repeat in 2011

With two weeks still left in 2010, Range Resources Corp. said Wednesday it has more than doubled its Marcellus Shale production year/year.

December 16, 2010

Alaska Final Score: Murkowski 1; Palin’s Tea Party: 0

With only a few hundred absentee ballots left to be counted, Sen. Lisa Murkowski, R-AK, appears to have pulled off a come-from-behind win, keeping her seat with the first successful Senate write-in campaign in more than 50 years, and beating the Tea Party candidate endorsed by former Alaska governor and vice presidential candidate Sarah Palin.

November 18, 2010

Unconventionals to Supply One-Third of Global Gas Output By 2035

More than one-third of the global increase in natural gas production by 2035 will come from unconventional shale gas, coalbed methane and tight gas, according to the World Energy Outlook 2010 (WEO-2010), which was issued by the International Energy Agency (IEA) last week.

November 15, 2010

Screen Slide Trumps Cold Forecasts in Lowering Cash

It’s an old saying: What goes up must come down. That was true in spades in the cash gas market Thursday as sharply rising prices over the previous two days suddenly reversed into major plunges at virtually all points. The below-normal temperatures expected by the weekend in most of North America, which had apparently been instrumental in driving the market higher during the first half of the week, lost their bullish influence after a four-day string of futures increases ended Wednesday with a dive of 16.4 cents.

November 12, 2010

Unconventional Shale Gas, Oil to Expand Rapidly, Says IEA

More than one-third of the global increase in natural gas production by 2035 will come from unconventional shale gas, coalbed methane and tight gas, according to the World Energy Outlook 2010 (WEO-2010), which was issued by the International Energy Agency (IEA) on Tuesday.

November 12, 2010

Arkansas Considering Frack Disclosure Rule

Companies in Arkansas would have to reveal all of the chemicals they will use during hydraulic fracturing (fracking) operations at new natural gas wells in the state prior to fracking, according to rule changes being considered by the state’s Oil and Gas Commission (AOGC).

November 2, 2010
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