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Eagle Ford Surge: Tens of Thousands of Jobs, Billions in Revenue

Eagle Ford Surge: Tens of Thousands of Jobs, Billions in Revenue

Development of oil and natural gas in the Eagle Ford Shale added more than $61 billion in total economic impact during 2012, according to a study by the Center for Community and Business Research in The University of Texas at San Antonio (UTSA) Institute for Economic Development.

March 27, 2013
Marcellus Shale Price Drops Stand Out Among August Bidweek Gains

Marcellus Shale Price Drops Stand Out Among August Bidweek Gains

August natural gas bidweek prices saw stout gains across the board except for a handful of Marcellus Shale trading points as NGI’s National Spot Gas Average came in 28 cents higher than the previous month at $3.00/MMBtu, according to Natural Gas Intelligence (NGI), which has unveiled a number of new market pricing locations with its latest monthly price survey.

August 3, 2012

Study: Fayetteville Shale Saved Arkansas from ‘Lost Decade’

The bloom has been off the dry gas rose for a while now, but the Fayetteville Shale continues to provide Arkansas with a bouquet of economic activity and job creation, according to a new study.

June 12, 2012

Report Identifies, Compares Top Gas Producers and Traders

BP plc was the only one of the top five U.S. producers of natural gas that also showed up among the top five gas marketers in 2010, according to an analysis by Natural Gas Intelligence (NGI) of federal filings that showed a 6% gain in trading in 2010 over 2009.

July 14, 2011

Pittsburgh Radio Broadcasts Series on Marcellus

Radio talk show host Ron Morris has begun broadcasting a 12-part series on the Marcellus Shale on a Pittsburgh radio station, WMNY 1360, aimed at getting the facts about shale development.

January 13, 2011

EIA: July Generation Jumps 4.3%; Gas Consumption for Power Up 21%

Natural gas consumption by U.S. power generation in July, the second hottest July on record, was up 21% from levels in July 2005 to 33.8 Bcf/d, while coal consumption from power generation rose 0.5% to 97.9 million short tons and petroleum liquids consumption from generation plummeted 53% to 297,000 bbl/d from 631,000 bbl/d in July 2005, the Energy Information Administration (EIA) said in its latest Monthly Flash Estimates of Electric Power Data.

September 25, 2006

DOE: Severe Congestion Facing Southern CA, Parts of Eastern Seaboard

Southern California and the Atlantic coastal area from New York City to northern Virginia are the most severely congested areas in the country, the U.S. Department of Energy (DOE) said in a new national electric transmission congestion study released last Tuesday.

August 14, 2006

Consultant: Conservation, Demand Destruction, Fuel Switching Will Limit 2006 Gas Demand

With the exception of 2002, U.S. gas demand has been flat over the last five years because of limited supply growth, but going forward demand growth will be limited not only by supply but also by conservation in the residential and commercial sectors, demand destruction in the industrial sector and fuel switching in the electric sector, all because of high prices, consulting firm Energy Ventures Analysis (EVA) said in its latest Fuelcast outlook.

March 14, 2006

New MMS RIK Program Set for Spring

The Department of the Interior’s Minerals Management Service(MMS) announced a continuation of the Outer Continental Shelfroyalty-in-kind (RIK) pilot program last week and has doubled theamount of gas previously offered. Nearly 500 MMcf/d of productionwill go on sale this spring, the MMS said. Details for the sale arestill being finalized.

January 24, 2000