President Obama’s much-anticipated climate action plan, which was rolled out last Tuesday, came down hard on coal-fired plants, while promoting renewable fuels along with fuel switching from coal to natural gas, a global market for natural gas, and the adoption of heavy-duty natural gas vehicles.
Articles from Hard
The day-in and day-out reports from operators ready to build new natural gas pipelines and natural gas liquids (NGL) midstream infrastructure generally have had one thing in common over the past couple of years: most are for the Marcellus Shale. And that’s not going to change anytime soon, according to industry executives.
Just days after a federal judge dismissed a lawsuit filed last year by New York State Attorney General Eric Schneiderman, the official hinted that he could file another lawsuit if natural gas drilling moves forward in the Delaware River Basin.
The United States should be exporting more chemicals, glass, steel, aluminum and other products, but the country’s leaders should think long and hard before adding liquefied domestic natural gas to that list, a Dow Chemical executive said Wednesday. While end-user industries fear higher gas prices, producers are looking to all potential demand sources to lift gas prices and make their dry gas operations economic once again.
Physical gas prices on average plunged Tuesday as temperature forecasts called for moderation. Particularly hard hit were Northeast points, but quotes elsewhere fell as well. One point in the Marcellus did manage a gain.
First quarter performance from EOG Resources Inc.’s “big four” oil and liquids plays was substantial enough to raise this year’s total company liquids production growth target to 33% from 30% and increase the overall production growth target to 7% from 5.5%.
Lawmakers in the West Virginia Senate have voted unanimously in favor of a bill extending tax breaks to companies that build an ethane cracker in the state, and have sent the measure to Gov. Earl Ray Tomblin for his signature.