Much

Whether the natural gas market is “proactive or reactive” today doesn’t matter much in the grand scheme of things, according to Bentek Energy’s Jack Weixel. Like the chicken or the egg metaphor, asking which came first, gross gas production or dry gas production is irrelevant when considering that today output is 20 Bcf/d higher than in 2006. The real question is how will the market adapt, or rather, what’s the market going to do with all the production?

Chevron Corp. has not shut in any natural gas wells within its U.S. onshore portfolio, but it is “working to minimize dry gas as much as we possibly can,” CFO Pat Yarrington said Friday.

Chevron Corp. has not shut in any natural gas wells within its U.S. onshore portfolio, but it is “working to minimize dry gas as much as we possibly can,” CFO Pat Yarrington said Friday.

Ohio University (OU) said last week for the next five months the campus heating and power plant plans a switch from coal and will run entirely on natural gas.

Aside from those that have leased lands for development, Pennsylvania school districts do not seem to be benefiting much financially from Marcellus Shale activity, according to a recent report from Pennsylvania State University.

Oil and natural gas operators appear to be on the wrong end of a turf war with the coal industry along the length of eastern Ohio, losing “significant” amounts of acreage in coal-bearing townships that also intersect with the state’s portions of the Marcellus and Utica shales.

Legislation aimed at consolidating and advancing efforts to develop an in-state natural gas pipeline to commercialize North Slope reserves and get much-needed gas to Alaskans in the central and southern part of the state has been approved by the state’s House of Representatives, but it was put on a back burner when it reached the Senate.

Legislation aimed at consolidating and advancing efforts to develop an in-state natural gas pipeline to commercialize North Slope reserves and get much-needed gas to Alaskans in the central and southern part of the state has been approved by the state’s House of Representatives, but it was put on a back burner when it reached the Senate.

As the price of gasoline edges nears the $4/gallon mark in much of the country and has surpassed it in some places on the West Coast, a group of senators Wednesday introduced legislation that calls on the Commodity Futures Trading Commission (CFTC) to use its emergency powers to rein in speculation in the futures markets.