Economy

Federal Reserve: Economy Growing, Shale Gas Expanding

The Federal Reserve Board took notice of an expanding shale gas industry in parts of the country as the national economy grew at a moderate pace, according to a report released Wednesday.

December 5, 2011

Energy Industry Optimistic for 2012

The global economy has stabilized or is improving, which will lead to more investments and job growth in 2012 for the oil and gas industry, according to a majority of energy executives surveyed by Ernst & Young LLP.

December 5, 2011

Federal Report: Shale Gas Expanding in Ohio, Texas

The Federal Reserve Board took notice of an expanding shale gas industry in parts of the country as the national economy grew at a moderate pace, according to a report released Wednesday.

December 2, 2011

Federal Reserve Report: Economy, Shale Gas Industry Expanding

The Federal Reserve Board took notice of an expanding shale gas industry in parts of the country as the national economy grew at a moderate pace, according to a report released Wednesday.

December 2, 2011

Energy Industry Expects More Investment, Job Growth in 2012

The global economy has stabilized or is improving, which will lead to more investments and job growth in 2012 for the oil and gas industry, according to a majority of energy executives surveyed by Ernst & Young LLP.

December 1, 2011

California Reports Progress on Renewables

Despite the sluggish economy and low natural gas prices, renewable power generation continued to grow in California this year, according to the latest status report. The progress appears modest, however, compared to the state’s new renewable portfolio standard (RPS) of 33% by 2020.

November 30, 2011

Survey: Pennsylvanians See Drilling’s Upside

Pennsylvanians believe that the benefits of natural gas drilling in the state’s shale plays outweigh any potential problems, but want the state to impose an extraction tax and require the disclosure of chemicals used by drillers, according to the results of a survey by the Muhlenberg Institute of Public Opinion and the University of Michigan’s Center for Local, State and Urban Policy.

November 22, 2011

Xcel Unconcerned About Muni Vote, Economic Issues, CEO Says

With a municipalization vote scheduled for Tuesday in Boulder, CO, and the state’s economy lagging, Xcel Energy CEO Ben Fowke told financial analysts on a third quarter conference call Thursday that Colorado’s largest utility operator is not concerned about a wider push for public power, although he identified Colorado as one of two states that worry him in terms of the current pace of economic recovery.

October 31, 2011

Pennsylvania Marcellus Employment Doubles Since 2008

Employment in the core industries that drive Marcellus Shale development in Pennsylvania more than doubled to 20,837 people between 2008 and 2011, while employment in ancillary industries dropped by around 1% to 193,813, according the Center for Workforce Information and Analysis (CWIA) at the Pennsylvania Department of Labor and Industry.

October 20, 2011

Ohio State Research Center to Focus on Shale

In response to technical advances that have expanded Ohio’s hydrocarbon resource potential, The Ohio State University (OSU) has created the Subsurface Energy Resource Center (SERC) with a goal to conduct and facilitate relevant shale research.

September 27, 2011