In three months’ time, confidence among senior energy executives in the outlook for the oil and natural gas industry this year has dropped dramatically, according to DNV GL.
Articles from Confident
Republican leaders on the House Energy and Commerce Committee have asked U.S. Environmental Protection Agency (EPA) Administrator Gina McCarthy to explain how the agency’s forays into three controversial sites will affect its comprehensive study of hydraulic fracturing (fracking).
There is “significant concern” among oil and gas interests that the Pennsylvania Supreme Court could deadlock in a 3-3 tie over the constitutionality of Act 13 because the high court’s newest appointee will not participate in the case challenging the law.
The Environmental Protection Agency (EPA) was put in the hot seat Friday as House lawmakers took the agency to task for its flawed reports on hydraulic fracturing (fracking), most notably the December 2011 report that found groundwater in Pavillion, WY, to be contaminated. That report was later retracted. And before directing any more funds to the EPA for reseach into fracking, the lawmakers demanded that the agency provide Congress with more information on their reseach activities so far.
A lawsuit filed by Range Resources Corp. against a Texas couple that accused the company of contaminating drinking water with drilling activity should be heard in state district court in Weatherford, TX, the Texas Second District Court of Appeals in Fort Worth ruled recently. Landowners Steven and Shyla Lipsky sued Range in 2011 after the U.S. Environmental Protection Agency (EPA) issued an order that said Range was responsible for the contamination. However, EPA ultimately backed down from its claim (see Shale Daily, April 2). Range counter-sued the Lipskys and environmental consultant, Alisa Rich of Wolf Eagle Environmental, claiming that they conspired to incriminate the company. The Lipsky’s lawsuit against Range was thrown out, but Range’s counter-suit was allowed to proceed (see Shale Daily, Aug. 29, 2012). The case could still be heard in appeals court but only if all parties, including the trial court judge, agree to it by April 11. Range is seeking $3 million in damages. A Range spokesman said the company was still considering the court question, but is confident that the original ruling is correct and that Range’s claims should proceed to trial.
An official with the U.S. Environmental Protection Agency (EPA) said a progress report on its study of the potential impacts of hydraulic fracturing (fracking) on drinking water should be issued before the end of the year, and the final report published in 2014.
In a report that aired Sunday, CBS News said New York’s Department of Environmental Conservation (DEC) will make an announcement sometime after Sept. 3 that high-volume hydraulic fracturing (HVHF) will be allowed to move forward in the state, ending a four-year wait and an effective moratorium on the practice.