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Canadian hopes to export liquefied natural gas (LNG) rely on oil prices to stay high and overseas supply contracts to uphold value parity between the two energy commodities, an industry analyst said Thursday.

Regency Energy Partners LP plans to buy PVR Partners LP in a $5.6 billion deal (including $1.8 billion of debt) to create a natural gas gathering and processing giant with a presence in Appalachia, West Texas, South Texas, the Midcontinent and North Louisiana.

Gubernatorial candidates in Pennsylvania who have called for severance taxes on the state’s shale natural gas industry are embracing “misguided, job-crushing policies,” the Marcellus Shale Coalition (MSC) said Thursday.

Regulators with the Ohio Department of Natural Resources (ODNR) are drafting rules governing centralized earthen impoundments that would temporarily hold wastewater from oil and gas drilling.

If a variety of industry experts are correct, the western United States is on the brink of an upsurge in natural gas demand outstripping supply and resulting in a need for a new wave of infrastructure being built from the Rockies westward.

Antero Resources Inc., which today is an Appalachian Basin-only operator, made a stunning debut Thursday on the New York Stock Exchange, with the share price up 18.2% from the opening of $44.00 to end the day at $52.01. More than 28.4 million shares traded hands, with “AR” the most-traded stock on the day.

Unconventional natural gas in the onshore likely will keep U.S. prices low until 2020, but it may not translate to climate benefits or an improved economy, according to an elite group of industry, academic and scientific experts.

With production, takeaway capacity and employment all on the rise in the Appalachian Basin, the Marcellus Shale Coalition (MSC) on Wednesday issued a list of recommended practices for drilling and completing oil and natural gas wells in the play.

With the potential to help satisfy growing regulatory concerns about flowback and produced water used in hydraulic fracturing (fracking), Los Angeles-based OriginOil Inc. has signed a pay-per-barrel agreement with small Colorado-based water treatment company Industrial Systems Inc. (ISI).