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Report: Energy Booming In Spite of Obama Policies

A new report by the nonpartisan Congressional Research Services (CRS) has backed up Republican lawmakers’ claims that all of the increase in oil and natural gas production that occurred during the past five years has been on state and private — rather than federal — lands.

March 6, 2013

Shales Help Push Lower 48 Production Up 1% from Year Ago

Natural gas production in the Lower 48, boosted by output from shale plays, was up to 72.70 Bcf/d in December, almost 1% (0.62 Bcf/d) over December 2011, but down 1.1% (0.83 Bcf/d) compared with November, according to the most recent data from the Energy Information Administration (EIA).

March 1, 2013

North Dakota Production, Permitting Up; Flaring Down

After a short-lived lull in late fall, North Dakota’s oil and natural gas production set new records at the end of last year, and the issuance of new drilling permits in January surged, the state’s Department of Mineral Resources (DMR) reported Friday.

February 19, 2013

Appeals Judges Quiz FERC on Futures Market Authority

During oral arguments last Thursday, two out of three appellate court judges appeared to challenge FERC’s claim of authority to prosecute alleged manipulation in the natural gas futures market.

February 11, 2013

Commission: U.S. Energy Productivity May Double by 2030

Energy productivity could double with significant macro environmental and economic benefits through stepped-up efficiency programs during the next two decades, according to a report by a national nonpartisan commission headed by Sen. Mark Warner (D-VA) and National Grid U.S. President Tom King.

February 11, 2013

Appeals Judges Quiz FERC on Futures Market Authority

During oral arguments Thursday, two out of three appellate court judges appeared to challenge FERC’s claim of authority to prosecute alleged manipulation in the natural gas futures market.

February 11, 2013

U.S. Energy Productivity Could Double by 2030, Experts Say

Energy productivity could double with significant macro environmental and economic benefits through stepped-up efficiency programs during the next two decades, according to a report by a national nonpartisan commission headed by Sen. Mark Warner (D-VA) and National Grid U.S. President Tom King.

February 11, 2013

Appalachian Antero Posts 73% Increase to Proved Reserves

Antero Resources announced Monday that its proved reserves had increased 73% in one year by the end of 2012, while its proved, probable and possible (3P) reserves had increased 94% and its natural gas liquids (NGL) reserves increased by 170% during the same time frame, all thanks to discoveries in the Marcellus and Utica shale plays.

January 30, 2013

Pennsylvania’s New Auditor General to Probe DEP Over Shale

Pennsylvania’s new auditor general, Eugene DePasquale, will conduct a performance audit of the Department of Environmental Protection’s (DEP) water testing and waste disposal programs to assess their effectiveness in regulating shale gas development.

January 18, 2013

U.S. LNG Imports Called Positive for Hawaii

Liquefied natural gas (LNG) imports could cut residents and businesses oil-based energy bills in Hawaii substantially during the next 20 years, according to a University of Hawaii study. Potential savings were classified as “huge,” given gas-indexed pricing, but the report also acknowledged that LNG exports carry various risks, given sources, oil-gas price differences over time and the state’s level of energy demand reduction in future years.

January 14, 2013