Pennsylvanians are increasingly in favor of imposing a severance tax on natural gas production, according to a poll released Wednesday by the Center for Opinion Research (COR) at Franklin & Marshall College in Lancaster, PA.
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Shale Gas GHG Emissions Said ‘Significantly Overstated’
Estimates now used by the Environmental Protection Agency (EPA) and independent researchers to determine greenhouse gas (GHG) emissions from upstream shale gas production likely are “significantly overstated” because they are based on assumptions that don’t reflect current industry practices, according to IHS Cambridge Energy Research Associates (IHS CERA).
IHS CERA: Shale Gas GHG Emissions ‘Significantly Overstated’
Estimates now used by the Environmental Protection Agency (EPA) and independent researchers to determine greenhouse gas (GHG) emissions from upstream shale gas production likely are “significantly overstated” because they are based on assumptions that don’t reflect current industry practices, according to IHS Cambridge Energy Research Associates (IHS CERA).
Consol Preparing Utica Shale Drilling
Consol Energy Corp. is returning to the Utica Shale. The Pittsburgh coal and gas producer recently announced plans to run six rigs starting this fall, five on its acreage in the Marcellus Shale and one full time in the Utica of eastern Ohio.
Nevada Economy Continues to Struggle, NV Energy CEO Says
While unemployment has improved, it is still higher than the national average, so the Nevada economy continues to limp along and likely will do so through next year, the CEO of NV Energy Inc. told financial analysts Monday on a second quarter conference call in which he reported greatly reduced profits quarter over quarter.
California Enviros Protest Upcoming BLM Monterey Lease Sale
Three environmental groups in California have filed a formal protest against the federal Bureau of Land Management’s (BLM) plans for a September oil/gas lease sale in the Monterey play, alleging that a more thorough environmental assessment (EA) is needed and calling on BLM to zero in on the impact hydraulic fracturing (fracking) might have.
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.
New York’s Southern Marcellus Acreage Enticing But…
New York appears more likely to lift the de facto natural gas drilling moratorium in parts of the state’s Marcellus Shale, but for a variety of reasons — not the least of which is hesitation by operators to commit capital — determining how much of an impact the prospective acreage may have on U.S. gas markets leads to more questions than answers, according to research by Goldman Sachs & Co.
New York’s Southern Marcellus Acreage Enticing But…
New York appears more likely to lift the de facto natural gas drilling moratorium in parts of the state’s Marcellus Shale, but for a variety of reasons — not the least of which is hesitation by operators to commit capital — determining how much of an impact the prospective acreage may have on U.S. gas markets leads to more questions than answers, according to research by Goldman Sachs & Co.
Canada’s Oilsands Developers Looking to Asia
The industrial customers rated most likely to burn off Canadian natural gas surpluses — Alberta oilsands projects — are poised to gain expanded markets beyond North America to support their growth.