Although President Obama and the participants in a town hall meeting at Binghamton University in New York on Friday devoted most of their discourse to education, energy was mentioned once, with the president acknowledging the rise of natural gas but calling for further investment in alternative energy not derived from fossil fuels.
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Articles from Natgas
COGA Panel Says Unconventional Technology Still In Early Days
Technological innovations in the oil and gas industry have marked some remarkable discoveries over its 150-year history. Today, the innovations may be coming more quickly, but there’s still plenty to learn, energy stalwarts said Tuesday at the 25th Annual Rocky Mountain Energy Summit.
Foreign Interest in U.S. Oil, NatGas Assets Vanished in 2Q
U.S. oil and natural gas mergers and acquisition activity (M&A) plunged in the second quarter from the first three months of 2012, with divestitures driving activity, according to PwC US.
U.S. Coal Generators Prove Worthy Opponent to Natural Gas Prices
Natural gas traders haven’t been able to figure out where prices consistently are headed, but one thing is becoming clearer: output has remained flat for close to a year. And coal generators have a lot of power in determining prices, according to an analysis by Stephen Smith Energy Associates.
Correction
In a story published July 8, “NatGas Gasoline Fueling Research” (see NGI, July 8), NGI incorrectly stated that Primus Green Energy sells a gasoline product for about $2.00/gallon. In fact, the company creates the product at a cost of $2.00/gallon. In addition, NGI incorrectly stated that the company expects to produce 10,000 gallons of fuel annually. The company actually plans to produce 100,000 gallons of fuel annually. NGI regrets the errors.
Unconventional Drilling for Oil and Gas Takes a Week Off
The number of rigs actively searching for oil and gas in U.S. unconventional plays dropped by 1% for the week ending April 8, wiping out the 1% gain recorded for the segment during the previous week, according to NGI’s Shale Daily Unconventional Rig Count.
Wachovia Teams With Oklahoma Producer to Market Natural Gas
One of the nation’s largest banks, Wachovia Corp., is offering a new twist on the “Big Bank Moves in on NatGas Market” story, teaming with a Tulsa, OK, E&P company, Resolute Holdings, parent of Resolute Natural Resources, to offer its customers, both producers and gas users, what they’ve asked for: some stability around their physical gas sales and purchases.
Wachovia Teams With Oklahoma Producer to Market Natural Gas
One of the nation’s largest banks, Wachovia Corp., is offering a new twist on the “Big Bank Moves in on NatGas Market” story, teaming with a Tulsa, OK, E&P company, Resolute Holdings, parent of Resolute Natural Resources, to offer its customers, both producers and gas users, what they’ve asked for: some stability around their physical gas sales and purchases.