Producers said they were encouraged Friday when Energy Secretary Stephen Chu, the top scientific expert in the Obama administration, expressed support for hydraulic fracturing (hydrofracing), which is being used to stimulate production from an increasing number of shale natural gas wells.
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Energy Commissioners Appointed in California
California Gov. Arnold Schwarzenegger Wednesday moved to fill two upcoming vacancies on the five-member California Energy Commission (CEC), naming a veteran energy policy expert and a scientist with experience at the state air pollution regulatory agency that sites electric generation plants. The appointments of Robert Weisenmiller, 61, and Anthony Eggert, 37, require confirmation by the state Senate.
Gas Supply Situation to Flip-Flop, Conoco Exec Says
Saying he is bullish on natural gas given climate drivers, economic and ultimate global supply optionality for the fuel, a ConocoPhillips market research expert Tuesday predicted continued vacillations between oversupply and undersupply in the nation’s natural gas markets for the foreseeable future.
Baker Hughes Banks on Shale Gas in BJ Services Deal
Baker Hughes Inc.’s $5.5 billion cash-and-stock trade to acquire shale fracturing expert BJ Services Co. may be the largest oilfield services acquisition in more than 10 years, but it won’t be the last oilpatch transaction this year, experts said last week.
Baker Hughes Banks on Shale Gas in BJ Services Deal
Baker Hughes Inc. struck a cash-and-stock deal valued at $5.5 billion shortly after midnight Monday to acquire shale fracturing expert BJ Services Co., in the largest oilfield services acquisition in more than a decade.
Penn State Prof Says Marcellus Bigger Than Originally Believed
A geosciences professor at Pennsylvania State University, who is a recognized expert on the Marcellus Shale, has increased his original estimate of the technically recoverable natural gas resources in the Marcellus Shale by nearly eight-fold.
Penn State Prof Says Marcellus Bigger Than Originally Believed
A geosciences professor at Pennsylvania State University, who is a recognized expert on the Marcellus Shale, has increased his original estimate of the technically recoverable natural gas resources in the Marcellus Shale by nearly eight-fold.
Expert Says ‘No Firm Basis’ for Claims of Excess Speculation
An expert in energy markets told a House committee Thursday that he does not believe there’s any “firm basis” to conclude excessive speculation or manipulation is driving crude oil prices to record levels.
Chilton: CFTC Preempts All Other Regulators in Futures Market
Congress, in creating the Commodity Futures Trading Commission (CFTC), “wanted to ensure that one expert regulator’s oversight preempted not only other federal regulators, but also state regulators” in the futures market, CFTC Commissioner Bart Chilton said last Tuesday.
Chilton: CFTC Preempts All Other Regulators in Futures Market
Congress, in creating the Commodity Futures Trading Commission (CFTC), “wanted to ensure that one expert regulator’s oversight preempted not only other federal regulators, but also state regulators” in the futures market, CFTC Commissioner Bart Chilton said Tuesday.