Direct

Pennsylvania Legislators Finishing ‘Unlimited’ Cracker Tax Break Deal

Legislators in the Pennsylvania General Assembly are scrambling to put the finishing touches on a tax code bill that could potentially offer billions in a tax break to companies in exchange for investing billions in an ethane cracker and associated manufacturing facilities.

July 2, 2012

GAO Recommends Data Clearinghouse for Unregulated Gathering Pipes

In an attempt to minimize safety risks, the secretary of the Department of Transportation (DOT) should direct the administrator of the Pipeline and Hazardous Materials Safety Administration (PHMSA) to collect information from operators of federally unregulated onshore natural gas gathering and hazardous liquid pipelines, the Government Accountability Office (GAO) said in a new report Thursday.

March 26, 2012

Industry Briefs

In an attempt to minimize safety risks, the secretary of the Department of Transportation (DOT) should direct the administrator of the Pipeline and Hazardous Materials Safety Administration (PHMSA) to begin collecting information from operators of federally unregulated onshore natural gas gathering and hazardous liquid pipelines, the Government Accountability Office (GAO) said in a new report. The DOT should establish an online clearinghouse or other resource for sharing the information on pipeline safety practices that is collected, said the GAO. It noted that the data should be similar to what PHMSA collects annually from operators of regulated gathering pipelines (mostly located in non rural areas), such as fatalities, injuries, property damage, location, mileage, size, operating pressure, maintenance and the causes of incidents and consequences. The nation’s pipeline network includes an estimated 200,000-plus miles of onshore gathering pipelines, many of which have not been subject to federal regulation based on their generally rural location and low operating pressures.

March 26, 2012

Ohio Gas/Oil Shale to Add 65,000 Jobs, $4.9 Billion, Academic Study Says

Natural gas and oil drilling in Ohio could create 65,000 jobs and add nearly $5 billion to state coffers by 2014, according to an academic study.

February 29, 2012

Fracking Not to Blame, Says Study of Groundwater Contamination Reports

Extracting natural gas from shale formations using hydraulic fracturing (fracking) “has no direct connection” to groundwater contamination reports, based on a study of three big shale gas plays in the United States, the Energy Institute at the University of Texas at Austin (UT) said in a new report.

February 21, 2012

Don’t Blame Fracking for Groundwater Contamination, Says Study

Extracting natural gas from shale formations using hydraulic fracturing (fracking) “has no direct connection” to groundwater contamination reports, based on a study of three big shale gas plays in the United States, the Energy Institute at the University of Texas at Austin (UT) said in a new report.

February 20, 2012

Comstock Stepping Up in Oil, Stepping Back from Gas

Frisco, TX-based Comstock Resources Inc. has joined the ranks of producers that are pulling back from natural gas drilling to direct more resources to oil.

January 31, 2012

EVs Make Direct Assault on NGV Niche Market

A newcomer in the electric vehicle (EV) sector is making a direct run at part of the natural gas vehicle (NGV) sector’s niche market, light-duty fleet pickup trucks, with the introduction Tuesday of an extended-range EV model at the nation’s premier automotive show in Detroit.

January 12, 2012

‘No Direct Link’ Between Fracking and Contaminated Groundwater

Preliminary findings from a study being conducted by The University of Texas at Austin’s (UT) Energy Institute suggest no direct link between hydraulic fracturing (fracking) and groundwater contamination, researchers said Wednesday.

November 11, 2011

Haynesville Drives Record Net Production Volumes for EXCO

EXCO Resources Inc. saw record net production volumes during 3Q2011, helped in large part by strong results in the Haynesville/Bossier shale play in Louisiana and Texas and growing momentum in the Marcellus Shale, where it is seeking additional acreage.

November 7, 2011