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Report: Marcellus Could Create Thousands of New York Jobs

Calling development of the Marcellus Shale play “a great opportunity” for New York, the Public Policy Institute of New York State Inc. (PPI) said a scenario where 500 gas wells were drilled every year in the state would create 62,620 jobs, $2.7 billion in added value and $1 billion in local, state and federal tax revenue.

August 3, 2011

GasMart 2011: FERC: Traditional Flow Routes ‘No Longer the Norm’

Natural gas transmission companies have been keeping FERC busy with project paperwork, as the industry segment tries to adjust to a marketplace being altered by shale gas.

May 13, 2011

Marcellus Gives Big Boost to EQT 1Q Earnings

EQT Corp. CEO David Porges said the company was “off to a good start” in 2011, but he conceded that more work needed to be done to satisfy shareholders and to meet its strategic challenges.

May 2, 2011

GOM’s Ultra-Deep Waters to See Increasing Activity

The Gulf of Mexico (GOM), despite the setbacks in the past year, is one of the world’s great producing regions, and an increasing proportion of activity and production will happen in ultra-deep waters, requiring “constant activity, new capital investment and the participation of a set of large and small companies,” PFC Energy said Friday.

February 15, 2011

More Unconventional Acquisitions Possible, Says Chevron CEO

Chevron Corp. could make a bigger push into U.S. unconventional plays once the acquisition of shale operator Atlas Energy Inc. is completed, CEO John Watson said Friday.

January 31, 2011

Mexico Long-Term Market for Shale, LNG, Sempra Exec Says

Underscoring what a Canadian research firm said earlier in the month about North American shale and Mexico’s growing gas demand, Sempra Energy’s top gas executive told NGI’s Shale Daily that a strong economy and growing natural gas demand make south of the border an attractive future market for ramped up shale gas production.

December 29, 2010

Prices Fall at Most Points as Support Erodes

Losing a great deal of air conditioning demand in the South — without enough heating load elsewhere to compensate for it — along with a prior-day futures drop of 18.1 cents proved sufficient to reverse the two-day cash market advance that began this week. Quotes were down in a large majority of the cash market Wednesday.

April 8, 2010

Prices Fall at Most Points as Support Erodes

Losing a great deal of air conditioning demand in the South — without enough heating load elsewhere to compensate for it — along with a prior-day futures drop of 18.1 cents proved sufficient to reverse the two-day cash market advance that began this week. Quotes were down in a large majority of the cash market Wednesday.

April 8, 2010

Only MichCon Left Out of Flat to Higher Pricing

With a great deal of assistance from a futures increase just shy of 30 cents on the preceding Friday, weather forecasts remained cold enough to keep prices rising in virtually all of the cash market Monday.

October 20, 2009

SandRidge Makes Play for Bankrupt Crusader’s Gas Portfolio

SandRidge Energy Inc. is pushing ahead on plans to become a niche natural gas player after throwing down a bid close to midnight Tuesday to buy bankrupt Crusader Energy Group Inc. in a cash and stock transaction worth an estimated $230 million.

September 24, 2009