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Taking two opportunities to field questions on hydraulic fracturing (fracking) in as many days, New York Gov. Andrew Cuomo said he supports “home rule” legislation and believes such powers would be an appropriate method for communities that support drilling to have it.

Legislators in the Pennsylvania General Assembly are scrambling to put the finishing touches on a tax code bill that could potentially offer billions in a tax break to companies in exchange for investing billions in an ethane cracker and associated manufacturing facilities.

Marcellus Shale reserves may spark life into a shuttered, 110-year-old oil refinery complex south of Philadelphia that once supported nearly 500 jobs, according to IHS Inc. researchers.

Dozens of new natural gas vehicles (NGV), many of which are heavy duty trucks and tractors that can be designed for compressed natural gas (CNG) and liquefied natural gas (LNG) started off Thursday on a cross-country road trip from Long Beach, CA, at the end of the three-day Alternative Clean Transportation (ACT) Expo 2012 conference.

Companies that trade less than an aggregate of $8 billion in swaps annually during an initial phase-in period will not be caught up in many of the Commodity Futures Trading Commission’s regulations issued as a result of the Dodd-Frank Wall Street Reform Act, according to a final rule approved Wednesday. The Commission also clarified that end-users would be exempt.

Consol Energy Inc. began its shift toward liquids in the first quarter, moving into the wet-gas portions of the Marcellus and Utica shales of southwestern Pennsylvania, West Virginia and Ohio.

A majority of states, including many deeply involved in shale development, are not preparing for the ways a changing climate might impact future water supplies, according to a new report from the National Resources Defense Council (NRDC).

Natural gas cash prices continued to erode Thursday as mild weather conditions prevailed in many parts of the country. Declines in the East and Northeast were mostly of the 1-3 cent variety, but on the West Coast losses of close to a dime were noted. Futures traders digested an inventory report showing the first build of the season at 11 Bcf, slightly greater than what traders were expecting and prices fell. At the close of futures trading April was down by 9.1 cents to $2.269 and May settled 8.2 cents lower at $2.372. May crude oil dropped $1.92 to $105.35/bbl.

After a record-setting 2011, North Dakota continues to set all-time highs in oil and natural gas production, producing wells and rig counts, according to the latest statistics from the state’s Department of Mineral Resources (DMR).