On the heels of a legislative session that failed to pass any Marcellus Shale development measures, two Maryland lawmakers are seeking an independent review of their state’s regulatory framework.
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Articles from Might
Watch Out for Gas Curve, Says Chesapeake Chief
As U.S. producers transform their asset base exclusively from natural gas to a more balanced one that includes oil and liquids, investors “might be surprised by what happens to the gas curve in the years ahead,” Chesapeake Energy Corp. CEO Aubrey McClendon said last week.
Watch Out for Gas Curve in Years Ahead, Says Chesapeake CEO
As U.S. producers transform their asset base exclusively from natural gas to a more balanced one that includes oil and liquids, investors “might be surprised by what happens to the gas curve in the years ahead,” Chesapeake Energy Corp. CEO Aubrey McClendon said Monday.
Weather, Futures Spur Gains at Most Points
It wasn’t a complete upturn, but the hints in the previous day’s market that a lessening of overall weakness might lead to a general rally Thursday came to fruition. Abetted by the May futures increase of 9.2 cents Wednesday and a rather slow easing of cold weather in much of the northern U.S. and Canada, a mixed market saw gains outnumbering losses.
Chevron Completes Atlas Energy Acquisition
Chevron Corp. on Thursday completed its $4.3 billion acquisition of Pittsburgh-based Atlas Energy Inc., just one day after the Atlas shareholders had approved the deal, the companies said.
Atlas Shareholders Approve Chevron Merger
Atlas Energy Inc. shareholders have overwhelmingly approved a proposed $4.3 billion merger with Chevron Corp., Pittsburgh-based Atlas said Wednesday.
Marcellus Shale Coalition Polishing Gas Industry’s Image
The natural gas industry needs to improve its image in Pennsylvania, and sitting down with elected officials and environmental leaders might be the best way to begin that process, according to former Gov. Tom Ridge, now a strategic adviser for the Marcellus Shale Coalition (MSC).
Storm Gives Major Boost to Non-Northeast Points
It might not set records like the one in New England during mid-January, but another major winter storm spreading into most market areas was generating flat to as much as about 95 cents higher prices at most non-Northeast locations Tuesday. The previous day’s futures gain of 9.7 cents gave a little extra support to cash.
Transportation Notes
After warning Monday that one might become necessary, Florida Gas Transmission issued an Overage Alert Day for market-area customers Tuesday with a 15% tolerance for negative daily imbalances.
Marcellus Shale Facing Pipeline Capacity Issues
A lack of capacity to carry Marcellus Shale gas to New York City (NYC) along the eastern Pennsylvania border remains unresolved and will lead to a glut of supply in 2011, said Societe Generale energy analysts.