Harm

The natural gas liquids (NGL) supply-demand mismatch could last several years, and a prolonged period of low NGL prices (namely for ethane and propane) could harm the credit quality of midstream gathering and processing companies that rely on cash flows sensitive to NGL prices, Standard & Poor’s Ratings Services (S&P) said Tuesday.

Pennsylvania’s General Assembly moved with amazing speed late last week to install a drilling moratorium on upscale, ex-urban Philadelphia counties, attaching the provision in a must-pass budget measure (SB 1263) that Gov. Tom Corbett is expected to sign.

Water from coalbed natural gas production may contain sodium bicarbonate salts at concentrations that can harm or kill fish and other aquatic life, according to a new federal and state study released Thursday.

New taxes on companies drilling for natural gas and oil in Ohio have the support of a majority of the state’s voters — especially if the resulting revenue would be spent to cut income taxes for residents — according to the results of a recent Quinnipiac University poll.

New taxes on companies drilling for natural gas and oil in Ohio have the support of a majority of the state’s voters — especially if the resulting revenue would be spent to cut income taxes for residents — according to the results of a recent Quinnipiac University poll.

Higher natural gas prices, even three or four times above current low levels, won’t harm the switch of fleets to compressed natural gas (CNG) and liquefied natural Gas (LNG) for transportation, according to a supplier of natural gas for transportation.

Pennsylvanians are increasingly in favor of imposing a severance tax on natural gas production, according to a poll released Wednesday by the Center for Opinion Research (COR) at Franklin & Marshall College in Lancaster, PA.

Claiming that it will harm its economy and set a bad national policy, Utah filed a lawsuit in federal court at the end of April seeking to block an order by Interior Secretary Ken Salazar that created a “wild lands” designation on public lands. Salazar’s order (3310) was issued in late December.

Claiming that it will harm its economy and set a bad national policy, Utah filed a lawsuit in federal court at the end of April seeking to block an order by Interior Secretary Ken Salazar that created a “wild lands” designation on public lands. Salazar’s order (3310) was issued in late December.