Having been part of the shale natural gas supply revolution, Chesapeake Energy Corp. wants to “kick-start the demand revolution,” CEO Aubrey McClendon said Monday when the company announced a $1 billion venture capital fund — Chesapeake NG Ventures Corp. (CNGV) — to invest in companies and technologies to enable replacement of gasoline and diesel fuel with natural gas and gas-to-liquids (GTL) fuels.
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Lawmakers: National Security Depends on Gas, Especially Shale Gas
Eight members of Congress have told President Obama that the United States’ national security interests are dependent on natural gas, and urged the president to support efforts to expand exploration, development and production, especially through hydraulic fracturing (fracking).
July 7, 2011
Reaction Mixed on Plan That Would Open 85% of NY Marcellus to Fracking
Having stonewalled shale gas drilling for three years, the New York Department of Environmental Conservation (DEC) released its recommendations on hydraulic fracturing (fracking) late Thursday. The list includes requiring full disclosure of fracking chemicals and a ban in all primary aquifers, the watersheds of New York City and Syracuse, and all state-owned land, including state parks.
July 5, 2011
Industry Reaction Mixed Over New York Fracking Plan
Having stonewalled shale gas drilling for three years, the New York Department of Environmental Conservation (DEC) released its recommendations on hydraulic fracturing (fracking) late Thursday. The list includes requiring full disclosure of fracking chemicals and a ban in all primary aquifers, the watersheds of New York City and Syracuse, and all state-owned land, including state parks.
July 5, 2011
New York Fracking Plan Elicits Mixed Industry Reaction
Having stonewalled shale gas drilling for three years, the New York Department of Environmental Conservation (DEC) released its recommendations on hydraulic fracturing (fracking) late Thursday. The list includes requiring full disclosure of fracking chemicals and a ban in all primary aquifers, the watersheds of New York City and Syracuse, and all state-owned land, including state parks.
July 4, 2011
Hedgers Unmoved By Early Heat; July Weakens
July natural gas futures fell in active trading Monday as traders viewed the market as not having sufficient trending characteristics and others were unmoved by early heat. At the close July had fallen 11.1 cents to $4.646 and August had dropped 11.1 cents as well to $4.678. July crude oil tumbled $1.99 to $97.30/bbl.
June 14, 2011
FERC Sees Growing Evidence of a National Gas Market
Natural gas prices are increasingly uniform across the country and “we are very, very close to having a national type of gas market,” Federal Energy Regulatory (FERC) officials said during a discussion Thursday of the FERC’s Summer 2010 Energy Market and Reliability Assessment.
May 23, 2011
Logistics Sending LNG to U.S., Says Market Watcher
Despite having “the worst netback in the world” for liquefied natural gas (LNG) imports right now, the United States is still drawing “a significant volume of LNG with all things considered,” Waterborne President Steve Johnson told NGI.
May 23, 2011
FERC Sees Growing Evidence of a National Gas Market
Natural gas prices are increasingly uniform across the country and “we are very, very close to having a national type of gas market,” Federal Energy Regulatory (FERC) officials said during a discussion Thursday of the FERC’s Summer 2010 Energy Market and Reliability Assessment.
May 20, 2011
Logistics Sending LNG to U.S., Says Market Watcher
Despite having “the worst netback in the world” for liquefied natural gas (LNG) imports right now, the United States is still drawing “a significant volume of LNG with all things considered,” Waterborne President Steve Johnson told NGI.
May 19, 2011
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