Total domestic energy production reached about 81.7 quadrillion Btu (quads) in 2013 — enough to meet 84% of the nation’s energy demand — while natural gas, for the third consecutive year, was the largest domestically produced energy resource, according to the U.S. Energy Information Administration (EIA).
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Consol Closes Northern Ohio Office to Concentrate on Southeast, Where Utica Ops Growing
As its operational footprint in Ohio has continued to shift toward the southeast, following an intensifying pattern of other operators moving toward the Utica Shale’s core, Consol Energy Inc. last month closed its northeast Ohio field office in Columbiana County.
June 3, 2014
North American Energy Supply Needs Steady Investments, Clear Policymaking, Says IEA
North America’s oil and natural gas output could begin to plateau in the early 2020s without adequate investments, the International Energy Agency (IEA) predicted on Tuesday.
June 3, 2014
North Carolina, Virginia Take Steps Toward Shale Development
Geologists in North Carolina plan to collect rock samples from seven counties in the western part of the state this summer to test for oil and natural gas. Meanwhile, a bill that would open the Tar Heel State to shale development is headed to Gov. Pat McCrory’s desk for his signature.
June 3, 2014
Dominion Targeting Upstate New York, West Virginia for Appalachian Supplies
Dominion has asked FERC to approve a pipeline expansion to Upstate New York and another to West Virginia that would rely on locally sourced natural gas for growing demand.
June 3, 2014
EPA’s Proposed Rule Would Boost NatGas Use — But How Much?
The consensus is that the new rules proposed Monday by the Environmental Protection Agency (EPA) will limit coal-fired power generation in coming decades, providing a boost to power sector use of natural gas — but how much more gas will be used is less clear.
June 3, 2014
EIA: Lower 48 Gas Withdrawals Up 1.6% in March
Gross withdrawals of natural gas in the Lower 48 during the month of March increased by 1.6% compared to the preceding month, thanks in part to good weather in the Appalachian and Uinta basins, according to the U.S. Energy Information Administration (EIA).
June 3, 2014
New York High Court Hears Frack Arguments; Secret Meetings Reported
Two top political advisers to New York Gov. Andrew Cuomo held meetings with the heads of two state agencies at the heart of the debate over whether to allow high-volume hydraulic fracturing (HVHF) in the state, according to documents obtained through a freedom of information request.
June 3, 2014
Dominion Seeks OK for Two Appalachia-Sourced NatGas Pipeline Projects
Dominion has asked federal regulators to OK two natural gas pipeline projects — one to serve Upstate New York, the other for West Virginia — that would rely on home-based supply from the Appalachian Basin.
June 3, 2014
Market Shows Broad Gains Again; Tropical Activity Stirring
Spot natural gas prices for Wednesday delivery posted another strong day of advances as below-normal temperatures across northern-tier market points contrasted with above normal readings in metropolitan areas further south. Gains were seen across the board with only thinly traded market point seeing a loss.
June 3, 2014
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