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Renewables Got 81% More in Tax Breaks Than Fossil Fuels Last Year

While the majority of U.S. primary energy production comes from fossil fuel resources, the bulk of the energy tax breaks have gone to support renewable fuels in the past two years, according to a new analysis by the Congressional Research Service (CRS).

June 8, 2011

Shale Gas Supplies Overrated, Report Alleges

Government and industry sources have grossly overstated future natural gas supplies in the United States, basing their estimates on unrealistic growth in supplies from shale gas plays, according to a report released Thursday by the San Francisco-based Post Carbon Institute, a nonprofit organization that promotes sustainability.

May 17, 2011

Industry Disputes Study on Methane Leaks

Methane leaked during shale natural gas drilling and production activities is more than what comes from wells in conventional plays and is a more serious threat to global warming than carbon dioxide (CO2) released from coal, according to research conducted at Cornell University. However, the natural gas industry slammed the findings on multiple fronts and said the study author is an “anti-natural gas activist” who is attempting to “smear shale gas.”

April 18, 2011

Texas Groups Seek Stronger Drilling Regulations

Regulators must take a harder line when it comes to natural gas drilling’s effects on Texas’ environment, and the Railroad Commission of Texas (RRC), “long the oil and gas industry’s lapdog, must become a watchdog,” as activity in the Eagle Ford Shale increases, according to a report released Thursday by Earthworks’ Texas Oil & Gas Accountability Project (OGAP).

April 18, 2011

Chevron Sanctions Another Deepwater Project

Chevron Corp. on Thursday gave a thumbs-up to develop the $4 billion Big Foot project in the deepwater Gulf of Mexico (GOM), which comes two months after the company sanctioned the long-awaited Jack/St. Malo project.

December 17, 2010

EIA: Texas and the Barnett are Shale Patch Leaders

Among natural gas shale plays, the Barnett Shale in North Texas is getting a bit long in the tooth, but it can hold its own with the nation’s other shale plays when it comes to proved reserves.

December 3, 2010

$21M Public-Private Effort Launched for NGVs

A $21 million effort among federal, state and industry sources was announced by the National Renewable Energy Laboratory (NREL) on Wednesday to support the development of natural gas engines and vehicles.

September 24, 2010

Analyst: ‘Abandon Hope All Ye’ of Gas Price Recovery

First Energy Capital analyst Martin King — who is considered to be one of the best when it comes to anticipating movements in the North American natural gas market — has shifted to a much more bearish price stance for North American gas prices in the short, medium and long term compared to his previous price forecasts.

September 6, 2010

First Energy Analyst: ‘Abandon Hope All Ye’ of Gas Price Recovery

First Energy Capital analyst Martin King — who is considered to be one of the best when it comes to anticipating movements in the North American natural gas market — has shifted to a much more bearish price stance for North American gas prices in the short, medium and long term compared to his previous price forecast.

September 1, 2010

2009 Called ‘Terrific Year’ for Energy Investors

“Terrific” may not be the first word that comes to mind when describing the economy in 2009, but for investors in natural gas and oil stocks, last year was absolutely divine, with nearly 85% of the stocks in the global market delivering positive returns, according to a report issued last week by energy research firm IHS Herold.

January 18, 2010
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