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Natural Gas Prices Predicted to Remain Flat This Winter

A sluggish economy and warmer weather, coupled with an increase in production, will likely keep natural gas prices flat for the 2011-2012 winter season, the Natural Gas Supply Association (NGSA) said Tuesday.

October 5, 2011

British Columbia to Launch Fracking Website in January

British Columbia Premier Christy Clark said Thursday the province would launch an online registry for the public to keep track of hydraulic fracturing (fracking) in the province, part of a strategy to provide transparency of shale gas activities.

September 12, 2011

West Virginia ‘In The Game’ for Ethane, Official Says

West Virginia believes it can support a chemical industry even if plans to ship Appalachian ethane to Canada and the Gulf Coast come to fruition, an official told a Pittsburgh-area audience Wednesday.

August 26, 2011

Subcommittee Hears Criticism of BLM Oil Shale Impact Review

An environmental impact review on oil shale and tar sand plans in Colorado, Utah and Wyoming initiated earlier this year by the federal Bureau of Land Management (BLM) is an “inefficient and unnecessary” exercise, according to one Shell Exploration and Production (E&P) Co. official.

August 26, 2011

Low Gas Prices to Linger, Says Northwest Power Council

A fundamental shift in the North American natural gas outlook, driven by the shale boom, promises to keep wholesale prices low for a long time to come, according to revised forecasts released on Wednesday by the Portland, OR-based Northwest Power and Conservation Council (NPCC).

August 15, 2011

Low Gas Prices to Linger, Says Northwest Power Council

A fundamental shift in the North American natural gas outlook, driven by the shale boom, promises to keep wholesale prices low for a long time to come, according to revised forecasts released on Wednesday by the Portland, OR-based Northwest Power and Conservation Council (NPCC).

August 15, 2011

Prices Turn Modestly Bearish at Nearly All Points

A gain of slightly less than a cent in September futures a day earlier failed to keep nearly all of the cash market from softening Thursday. Some Atlantic tropical activity was going on but posed no near-term threat to offshore gas supply, and weather patterns have subsided to largely seasonal or slightly milder conditions for the time being.

August 12, 2011

Pennsylvania Shales Could Require 31,000 Jobs

The natural gas industry in Pennsylvania could need to fill nearly 31,000 jobs to keep up with growing shale development in the state over the next three years, according to a recent report.

August 2, 2011

Oxy Shale Well Count to Grow, CEO Says

Riding the continuing wave of high oil prices, Occidental Petroleum Corp. (Oxy) expects its shale well count to keep growing, drilling 150-175 wells this year in California, said CEO Stephen Chazen during an earnings conference call with financial analysts Tuesday.

July 27, 2011

Bentek CEO: Shale Overproduction to Dampen Demand, Prices

With the boom in shale gas production, an oversupply of natural gas is likely to outstrip demand for the fuel and keep prices under the $5 level, Colorado-based Bentek CEO Porter Bennett told the gas committee Monday at the summer meeting of the National Association of Regulatory Utility Commissioners (NARUC) in Los Angeles.

July 20, 2011
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