The estimates of the amount of natural gas yet to be unearthed through hydraulic fracturing or “fracgas” vary widely, but there is a “determined limit” on coal-to-gas substitution that is “far short of driving coal out of the power market,” according to a new study by members of the Yale Graduates Energy Study Group.
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Shale Gas Won’t Drive Coal from Power Market, Says Study
The estimates of the amount of natural gas yet to be unearthed through hydraulic fracturing or “fracgas” vary widely, but there is a “determined limit” on coal-to-gas substitution that is “far short of driving coal out of the power market,” according to a new study by members of the Yale Graduates Energy Study Group.
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.
BP’s Options Limited Without Rosneft Alliance, Says Moody’s
The collapse of a strategic alliance between BP plc and Russia’s largest producer, OAO Rosneft, would limit the options for the UK-based company and its other Russian partnership, TNK-BP, and would result in a negative impact on credit, Moody’s Investors Service analysts said Monday.
DRBC to Hold Another Public Hearing on XTO Energy
The Delaware River Basin Commission (DRBC) will hold another public hearing over plans by XTO Energy Inc., an ExxonMobil Corp. subsidiary, to withdraw up to 250,000 gal/d of surface water from a creek in New York for natural gas wells.
Schlumberger CEO: Booming Unconventional Gas, LNG Limit Pricing
A plethora of unconventional natural gas supplies in the United States, as well as global liquefied natural gas (LNG) growth, “will limit the progress of prices,” Schlumberger Ltd.’s CEO said Friday.
Schlumberger CEO: Booming Unconventional Gas, LNG Limit Pricing
A plethora of unconventional natural gas supplies in the United States, as well as global liquefied natural gas (LNG) growth, “will limit the progress of prices,” Schlumberger Ltd.’s CEO said Friday.
Groups in Colorado Urge EPA to Limit Frac Study
Natural gas industry groups in Denver last week urged the Environmental Protection Agency (EPA) to limit the scope of a federal study on the effects of hydraulic fracturing (hydrofracing).
Groups in Colorado Ask EPA to Limit Frac Study
Natural gas industry groups in Denver on Tuesday night asked the Environmental Protection Agency (EPA) to limit the scope of a federal study on the effects of hydraulic fracturing (hydrofracing).
Futures Continue to Fall as ‘Real Fundamental Picture’ Takes Hold
Three failed attempts at conquering $5 appeared to be the limit as the July natural gas futures contract on Wednesday headed in the opposite direction. The prompt-month contract traded in a $4.667 to $4.836 range before closing out the regular session at $4.677, down 13.1 cents from Tuesday’s finish.