Eventual liquefaction and export of shale gas from the United States will be too little to bend global gas markets away from oil price indexation, and a shale gas revolution abroad is too far off to decouple natural gas and oil prices in other parts of the world, Bernstein Research Senior Analyst Neil Beveridge said in a note.
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Washington Post Editorial Supports Fracking in New York State
Last month Department of Environmental Conservation (DEC) Commissioner Joseph Martens said he anticipated an eventual legal challenge to any rules the agency creates for regulating HVHF in the state, and he asked Health Commissioner Nirav Shah to conduct a health impact analysis of the practice (see Shale Daily, Sept. 24). The newspaper said it agreed with the observation by DEC officials and drilling supporters: that Martens’ decision would probably cause enough of a delay to require an additional public comment period (see Shale Daily, Oct. 4; Oct. 2).
States Doing Better Job on Fracking, Wyoming Governor Says
Helping lead the charge for an eventual bipartisan and serious discussion about the future U.S. energy policy, Wyoming Gov. Matt Mead said Friday the federal government “doesn’t have a corner on the market” for regulating the oil and natural gas drilling process of hydraulic fracturing (fracking).
U.S. Seen Awash in NGL, Crude Supplies Through 2017
With heavy ramifications for Midcontinent energy infrastructure and eventual exports, the United States will find itself with an oversupply of both domestically produced liquids and crude oil from now through 2017, according to market consultant Rusty Braziel of RBN Energy LLC.
Shale Liquids Bounty Is Light and Sweet
With heavy ramifications for Midcontinent energy infrastructure and eventual exports, the United States will find itself with oversupplies of both domestically produced liquids and crude oil from now through 2017, market consultant/analyst Rusty Braziel of RBN Energy LLC told a session of the Colorado Oil and Gas Association (COGA) annual meeting in Denver earlier this month (Aug. 13-16).
U.S. Awash in NGL and Crude Supplies, Braziel Says
With heavy ramifications for Midcontinent energy infrastructure and eventual exports, the United States will find itself with oversupplies of both domestically produced liquids and crude oil from now through 2017, market consultant/analyst Rusty Braziel of RBN Energy LLC told a session of the Colorado Oil and Gas Association (COGA) annual meeting in Denver earlier this month (Aug. 13-16).
FERC Report: Shales Boost Production, Lower Prices
Continuing high natural gas production levels driving prices to the sub-$2 level raise concerns of an eventual production bust that could result in higher prices for producers, according to a market report Thursday by FERC’s Office of Enforcement (OE).
LNG Export Not Seen Lifting U.S. Prices Much
Liquefaction and export of domestic U.S. gas is no longer a pipe dream but an eventual certainty given the abundance of supplies from shales and thirst for gas in other parts of the world, particularly in Asian markets, said speakers at Deloitte’s annual Oil & Gas Conference in Houston Thursday. True, there are export naysayers; a recent Deloitte study commissioned by BG Group addresses at least some of their concerns.
LNG Export Consumer Impact Is Pennies Per MMBtu, Says Deloitte
Liquefaction and export of domestic U.S. gas is no longer a pipe dream but an eventual certainty given the abundance of supplies from shales and thirst for gas in other parts of the world, particularly in Asian markets, said speakers at Deloitte’s annual Oil & Gas Conference in Houston Thursday. True, there are export naysayers; a recent Deloitte study commissioned by BG Group addresses at least some of their concerns.
California Regulators Want All Gas Pipes Tested
All California operators of intrastate natural gas transmission pipelines must prepare implementation plans to pressure test or replace all pipeline segments that have not been tested or lack sufficient records verifying such tests, according to a proposed decision released last Tuesday by Administrative Law Judge (ALJ) Maribeth Bushey.