Impact

California Drought Carried Big Energy Impact

California’s 2007-2009 drought, one of the severest in its history, carried a heavy impact on the state’s energy markets both from an economic and environmental perspective, according to a report released by the Pacific Institute. Natural gas played a central role, the Oakland, CA-based nonprofit said.

June 28, 2011

Industry Briefs

Energy efficiency continues to make a dent in the national energy markets, with more states than ever formally measuring the annual impact of utility driven energy savings programs, according to two reports from the independent nonprofit American Council for an Energy Efficient Economy (ACEEE). Twenty-four states have implemented energy efficiency resource standards (EERS) in the past six years, following the lead of Texas and Vermont, and 13 of the 19 states with EERS policies in place for two years or longer achieved 100% or more of their goals; three states reached 90%; and the remaining three achieved 80%, according to ACEEE’s first report, “Energy Efficiency Resource Standards: A Progress Report on State Energy Saving Targets.” The second report documents how utilities are planning to increase their efforts to hit these higher energy saving levels. Six states with reportedly the largest and most successful efficiency programs — California, Connecticut, Massachusetts, Minnesota, New York and Vermont — are highlighted in some detail in terms of their ongoing and planned programs. Another six states among the next tier are also highlighted — Arizona, Colorado, Illinois, Michigan, Ohio and Pennsylvania.

June 24, 2011

Pennsylvania Committee Changes Marcellus Well Impact Fee

Hoping to more accurately address the cost of development on local communities, a Pennsylvania Senate committee made major changes to a proposed impact fee on Marcellus Shale wells last Tuesday.

June 20, 2011

IEA: Unconventional Gas ‘Revolution’ in North America

The International Energy Agency (IEA) says the worldwide amount of estimated recoverable gas has doubled over the last few years thanks to unconventional gas resources. The agency noted that a global race for unconventional resources is on.

June 20, 2011

Pennsylvania Committee Changes Marcellus Well Impact Fee

Hoping to more accurately address the cost of development on local communities, a Pennsylvania Senate committee made major changes to a proposed impact fee on Marcellus Shale wells on Tuesday.

June 15, 2011

BP, Colorado Strike Wildlife Protection Deal

Colorado’s Division of Wildlife said Thursday it had reached agreement with BP America Production Co. on wildlife conservation steps to mitigate the impact of natural gas drilling in the southwestern portion of the state.

June 6, 2011

Michigan Issues New Hydrofrack Rules

Michigan regulators on Wednesday announced a new series of regulations that will impact the future operations of oil and gas drillers using hydraulic fracturing (hydrofracking) to stimulate production.

May 31, 2011

DRBC Given Ultimatum on Shale Gas Drilling

A coalition of 17 House lawmakers led by Rep. Maurice Hinchey (D-NY) has called on the Delaware River Basin Commission (DRBC) to conduct an environmental impact study (EIS) on new shale gas drilling in the basin or face legal action.

May 31, 2011

Montney, Horn River Future Includes GTL, LNG Analyst Says

Thanks to the Montney and Horn River shale plays, Western Canada can hold its own in the natural gas renaissance; however, production from these developing plays will not offset declines in the region’s conventional gas production, according to Ziff Energy Group’s Edward Kallio, director of gas consulting.

May 19, 2011

Pennsylvania Water Company Finds No Marcellus Impact

A major Pennsylvania water company said “a full battery of tests” found no harmful impact on supplies from Marcellus Shale development.

May 19, 2011