The U.S. Department of Energy (DOE) apparently has come to the conclusion that U.S. shale gas is too good a thing to not share with the rest of the world in larger quantities.
Articles from Conclusion
The flood of new natural gas supplies from U.S. shale exploration combined with stagnant demand due to the current U.S. economic woes lead natural gas prices to decline across the country by 38-49% from the first six months of 2011 to the first six months of 2012, according to research done by the Energy Information Administration (EIA).
A flurry of long range forecasts last week all reached the same conclusion: the 2012 hurricane season is expected to produce fewer tropical storms than the last few years.
The Environmental Protection Agency’s (EPA) data and analysis did not support the conclusion linking water contamination in Pavillion, WY, to chemicals used in hydraulic fracturing, according to a new analysis released Wednesday.
The U.S. government and private energy analysts appear to have come to a foregone conclusion that the domestic natural gas drilling rig count will take a dive in 2013, but if any are “blindly assuming” that the U.S. oil rig count will “continue to move up and to the right,” they may be wrong, said the team at Raymond James & Associates Inc.
The board of directors of Russian natural gas giant OAO Gazprom sounded another blast on its shale gas alarm Tuesday, questioning the environmental and economic viability of the process that is overhauling North American markets and promising to do the same in Europe.
When they return from summer recess on Monday (Sept. 19), Pennsylvania lawmakers will take up a tax or fee on natural gas developers, pipeline safety measures and a model ordinance for local governments, but they probably won’t discuss forced pooling, legislative leaders told an audience in Philadelphia last week.
An oversupply of domestic natural gas this year is “nearly a foregone conclusion,” but the uptick in gas drilling rigs earlier this month may signal a new battle on whether U.S. producers can reset the supply/demand balance in 2010, Barclays Capital analysts said in a report Tuesday.
An oversupply of domestic natural gas this year is “nearly a foregone conclusion,” but the uptick in gas drilling rigs last week may begin a new battle on whether U.S. producers can reset the supply/demand balance in 2010, Barclays Capital analysts said in a report Tuesday.
Montana Gov. Brian Schweitzer will lead the Western Governors’ Association (WGA) in its coming fiscal year, following the conclusion of the WGA annual meeting Tuesday in Park City, UT. Idaho Gov. C. L. “Butch” Otter was elected as the new vice chairman for the group, which is leading an aggressive effort for regional climate change initiatives addressing more renewable generation and major electric transmission lines throughout the West. “Western states are at the very center of our country’s energy future, and Western governors will take the lead in building the bridge to a new energy economy,” Schweitzer said. WGA closed its three days of meetings by focusing on ways to foster more international cooperation (throughout North American and beyond) on energy and the environment. Earlier, the governors adopted a series of policy resolutions that called for “several actions to foster development of clean energy resources and reduce greenhouse gas emissions” (see Daily GPI, June 16).