Two polls show New Yorkers remain evenly split on the issue of hydraulic fracturing (fracking), but one poll shows opponents of the practice could cause more political damage to Gov. Andrew Cuomo if it ultimately is approved.
Articles from Evenly
Expanding its presence in the Bakken Shale region, Global Partners LP has agreed to acquire a 60% membership interest in Basin Transload LLC, which operates two transloading facilities in North Dakota with a combined rail loading capacity of 160,000 b/d.
A Siena College Research Institute poll released Tuesday shows New Yorkers are still almost evenly split on the issue of hydraulic fracturing (fracking), but it contains some surprising numbers concerning where the practice is generating support and opposition.
The variability of this winter’s weather patterns showed up in market reactions again Wednesday. Losses and gains were close to being evenly divided and mostly small, but they included several spikes in the Northeast. Flat numbers were frequent, especially in the Louisiana production area.
Voters are nearly evenly split about the New York Department of Conservation’s (DEC) proposed recommendations to allow hydraulic fracturing (hydrofracking) in a portion of the state’s Marcellus Shale, with 45% in support of drilling and 43% opposed, according to a poll of registered voters released on Thursday by the Siena College Research Institute.
Price movement was approximately evenly mixed between small gains and small losses of up to nearly a dime either way. Flat quotes were common, and none of the changes up or down reached double digits. The increases tended to be concentrated in the Midcontinent and Rockies.
The cash market saw approximately evenly mixed movement Monday, with prices largely taking their cues from regional forecasts of either colder weather Tuesday or continued moderate conditions. It also responded to the conflicting influences of the previous Friday’s 14.3-cent loss by April futures and industrial load returning from its usual weekend decline.
The cash market was approximately evenly divided between rising and falling points Thursday, with most of the newfound firmness following Wednesday’s drops at nearly all locations based on moderate prior-day screen support and residual cold in sections of the West. The overall weather outlook was bearish as temperatures in most areas are forecast to be above seasonal levels Friday.
Friday’s launch of the February aftermarket was almost evenly divided between rising and falling points, but gains moderately outnumbered the losses. Frigid weather will be returning early this week in some areas, and Friday’s cash market had extra support from the previous day’s increase of 15.6 cents by March futures.