Texas could lose an estimated $4.4 billion in revenue from oil and gas sales taxes, depending on how a district court judge tailors his ruling on exempting oil and gas companies from paying the state sales taxes on extraction equipment.
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Challenges Foreseen to Boost Gas Demand by 2030
Energy experts predict that natural gas will surpass coal and become the second most widely used fossil fuel on Earth by 2030, but said challenges remain for the industry to make that a reality.
Substantial Natural Gas Growth by 2030, But Much Work Remains
Energy experts predict that natural gas will surpass coal and become the second most widely used fossil fuel on Earth by 2030, but said challenges remain for the industry to make that a reality.
Animated Maps Show Marcellus Up Close and Personal
The pace and extent of development in the Pennsylvania portion of the Marcellus Shale now may be “seen” in animated maps produced by the Penn State Marcellus Center for Outreach and Research, officials said Tuesday.
Bulls Withstand ‘Bearish’ 103 Bcf Storage Injection
After venturing above $4 in early Thursday morning trading for the third consecutive session, October natural gas futures plummeted back to earth after the Energy Information Administration (EIA) reported that 103 Bcf was injected into underground storage for the week ending Sept. 10. However, the dip was short lived as the recent bull move prevailed.
Futures Deflate Following Two-Day Rally
Two days and 40 cents higher appeared to be enough for natural gas futures traders for the short term as futures values returned to earth on Tuesday. The May contract sliced 18.1 cents off of its price to close the regular session at $4.096.
Futures Deflate Following Two-Day Rally
Two days and 40 cents higher appeared to be enough for natural gas futures traders for the short term as futures values returned to earth on Tuesday. The May contract sliced 18.1 cents off of its price to close the regular session at $4.096.
Majors May Dangle M&A Lifeline to Independents
North American natural gas producers have watched their fortunes soar and dramatically fall to earth in recent months and some of them, now unable to access bank financing, are doing what they have to do to remain solvent. Independents starved for cash but weighted with healthy assets are forming joint partnerships, selling assets and waiting for what may be the inevitable: a land grab by oil majors flush with cash.
Majors May Dangle M&A Lifeline to Starving Independents
North American natural gas producers have watched their fortunes soar and dramatically fall to earth in recent months and some of them, now unable to access bank financing, are doing what they have to do to remain solvent. Independents starved for cash but weighted with healthy assets are forming joint partnerships, selling assets and waiting for what may be the inevitable: a land grab by oil majors flush with cash.
CA Lawmakers Dedicate Clean Energy Bills as ‘Earth Day’ Offering
Making their offering to the annual Earth Day celebration scheduled for Saturday in the state capital, California Democratic state senators Thursday dedicated six legislative proposals dealing with clean energy and greenhouse gas (GHG) emissions. All of the measures were previously introduced earlier in the session, but Senate Majority Leader Don Perata used his prerogative to tie the measures to the nation’s annual environmental milestone, noting that California is attempting to create a “new energy economy.”