North American shale gas, particularly in the United States, has proven an energy cost-saving miracle for consumers who otherwise would be staring at prices three or four times higher, according to Toronto-based TD Group, the holding company for TD Bank.
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Range COO Predicts LNG Exports
A Range Resources Corp. executive said last week he believes the federal government will eventually allow liquefied natural gas (LNG) to be exported but cautioned that the industry shouldn’t be complacent and assume it will be so.
November 19, 2012
Range COO’s Predictions: U.S. Exports of LNG, Huge NatGas Reserves
An official with Range Resources Corp. said he believes the federal government will eventually allow the export of liquefied natural gas (LNG) but cautioned that the industry shouldn’t be complacent and just assume exports will be approved.
November 19, 2012
Unconventionals Are a Huge U.S. Job Creator, Says IHS
The U.S. energy outlook is “fundamentally changed” because of the revolution in unconventional natural gas and oil production, generating strong job creation, economic growth and government revenues, IHS Inc. said Tuesday.
October 24, 2012
Senate Republicans Oppose Executive Order on Cybersecurity
A group of six Senate Republicans has called on President Obama to not issue an executive order on cybersecurity involving U.S. government and national critical infrastructure, such as natural gas and electric transmission facilities, arguing that the legislative process is a better way to enhance cybersecurity (see Daily GPI, Sept. 13).
October 8, 2012
NGVs Need Private Sector Push, Wyoming Governor Says
As states proceed with a collective effort to buy natural gas vehicles (NGV) for government fleets, Wyoming Gov. Matt Mead on Tuesday warned that state efforts to stimulate the spread of alternative fuel vehicles should not get “ahead of the private sector.”
October 3, 2012
PwC Survey: Energy Industry Playing Catch Up on Cyber Security
As the federal government and industry players pay more attention to the issue, cyber security problems lurk for the oil and natural gas industry, and greater levels of risk assessment and a “new way of thinking” about information security are needed, according to a global survey released Monday by PricewaterhouseCoopers (PwC).
September 25, 2012
Local Officials Blast Colorado Governor’s Lawsuit
Local government officials from around Colorado took a swipe at Gov. John Hickenlooper for suing the city of Longmont, CO, to turn back its ordinance establishing natural gas and oil drilling regulations within its boundaries. The state maintains exclusive jurisdiction in this area under the Colorado Oil and Gas Conservation Commission (COGCC).
September 24, 2012
Pemex to Invest $200M in Shale Gas Exploration Over Three Years
A Mexican government official said state-owned petroleum company Petroleos Mexicanos (Pemex) will spend $200 million over the next three years exploring two shale formations in the country for natural gas.
September 13, 2012
Energy Facilities Remain Vulnerable to Cyber Attacks
The nation’s energy infrastructure remains vulnerable to ongoing cyber attacks and the government is powerless to do anything about it, FERC Chairman Jon Wellinghoff said in Washington, DC, Wednesday.
September 10, 2012
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