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Report Cautions on Refining Changes, NGL Glut

Natural gas and motor gasoline never had much to do with each other, but new environmental rules and the natural gas liquids (NGL) abundance from shale plays could make for a bit more of a connection, Bentek Energy LLC and Turner, Mason & Co. (TMC) have found.

December 5, 2011

Report Cautions on Refining Changes, NGL Glut

Natural gas and motor gasoline never had much to do with each other, but new environmental rules and the natural gas liquids (NGL) abundance from shale plays could make for a bit more of a connection, Bentek Energy LLC and Turner, Mason & Co. (TMC) have found.

December 5, 2011

North Dakota Sets Production Records; Wary of Fracking Rules

In mid-October North Dakota likely exceeded last year’s record-setting oil and gas production, according to state and industry officials who were quoted in a pre-Thanksgiving report out of Bismarck, ND, by the Associated Press. Separately, other local news reports Sunday depicted state officials as worried about proposed federal rules for hydraulic fracturing (fracking), but they told NGI’s Shale Daily the reports were exaggerated.

November 30, 2011

All Points Fall Due to Moderate Holiday Weather Forecasts

Predictions of moderate temperatures in most areas — except for freezing lows in much of Canada, just on the other side of the border and occasionally in sections of the Rockies — along with the additional loss of industrial load associated with a holiday weekend and fulfilled anticipation of continued storage injections prompted sizeable cash market declines across the board Sunday.

November 28, 2011

Pennsylvania Committee Moves Drilling Impact Fee Forward

A Pennsylvania state Senate committee passed amended impact fee legislation on Monday that returned an impact fee to the bill, added environmental safeguards and changed the way the bill would govern local ordinances over oil and gas drilling.

November 16, 2011

No Slowdown in North Dakota, Energy Official Says

“The idle well [count] increased again to 762 wells, approximately 300 above the normal 450, indicating that drilling continues to outpace fracturing services and a need to add approximately 10 crews,” Helms said in his monthly “Director’s Cut” report.

November 11, 2011

Shales Heating Up Talk of U.S. as LNG Exporter

The surge of U.S. shale gas supplies has caused a large-scale rethink on liquefied natural gas (LNG) and the relationship of the U.S. gas market to that of the rest of the world. Those who used to watch U.S. shores for inbound tankers now wonder how soon and how many tankers will leave this country loaded with liquefied shale gas.

November 10, 2011

Mexico Natgas Discovery May Boost Reserves Sixfold

Mexico’s energy secretary said the nation’s natural gas reserves could be multiplied as much as sixfold after the discovery of large shale gas deposits in the country’s north and east, and could enable the country to stop importing natural gas.

October 31, 2011

Discovery Could Multiply Mexican Natgas Reserves Sixfold

Mexico’s energy secretary said Tuesday that the nation’s natural gas reserves could be multiplied as much as six fold after the discovery of large shale gas deposits in the country’s north and east, and could enable the country to stop importing natural gas.

October 28, 2011

Shale Seen Boosting Production Worldwide

The United States is the undisputed leader in the development of unconventional natural gas resources. However, much of the rest of the world is on to the shale gas promise and will soon be exploiting its reserves, according to a new analysis by Douglas-Westwood.

October 10, 2011
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