Two compressor stations have been shut down on Texas Eastern Transmission due to Hurricane Sandy, one in Suffern, NY and the other in Lambertville, NJ, a spokesperson for parent Spectra Energy said Monday.
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Broad Losses Offset Midwest Gains; Futures Finish Mixed
The cash market eased nearly 3 cents on average Thursday as Midwest points on the front lines of a major cold incursion saw gains and other locations experienced small losses.
New York Times Admonished — Again — for Anti-Shale Gas Bias
The New York Times (NYT), chastised last year for, among other things, describing the shale gas industry as a “Ponzi” scheme whose future would match that of Enron Corp., continues to focus exclusively on the negative risks of gas drilling and has hyped the research of questionable sources, according to a Forbes magazine contributor.
Anti-Shale Bias Said to Be Still Dogging New York Times
The New York Times (NYT), admonished last year for, among other things, describing the shale gas industry as a “Ponzi” scheme whose future would match that of Enron Corp., continues to focus exclusively on the negative risks of gas drilling and its “institutionalized bias concerns appear to be spreading,” according to a Forbes magazine contributor.
Canadian Shales Top Out at 2,222 Tcf
A report by a veteran Canadian engineering firm in support of a liquefied natural gas (LNG) export terminal on the British Columbia coast has come up with some astronomical early estimates of shale gas resources in just five of the 50 identified shale basins in Canada.
New York Times Admonished — Again — for Anti-Shale Gas Slant
The New York Times (NYT), chastised last year for, among other things, describing the shale gas industry as a “Ponzi” scheme whose future would match that of Enron Corp., continues to focus exclusively on the negative risks of gas drilling and has hyped the research of questionable sources, according to a Forbes magazine contributor.
Dominion LNG Case Being Weighed by Maryland Judge
A Maryland circuit court judge listened to lawyers for Dominion Resources Inc. and two environmental groups on Monday, the opening salvo in lawsuit over a proposed natural gas liquefaction facility, but ultimately decided to take the case under advisement.
Industry Briefs
A U.S. flagged oil tanker arrived at the Port of Corpus Christi, TX, on Wednesday to load Eagle Ford Shale crude for transport to other U.S. ports. The Jones Act of 1920 requires that any goods moved by water from one U.S. port to another must be carried by a U.S. flagged ship. The M/V Pennsylvania passed by the Harbor Bridge gateway to the inner harbor Wednesday and docked at the port’s Oil Dock No. 1, the Corpus Christi Caller Times reported. It is the U.S. built tanker’s first visit to the Corpus Christi port.
Obama Pushes Forward With ‘All of the Above’ Energy Plan
While President Obama pledged to support domestic oil and natural gas development, he said he “will not let oil companies write this country’s energy plan.”
Mesa Energy Building Mississippian Limestone Position
Dallas-based Mesa Energy Holdings Inc. has leased 1,525 net acres in Garfield and Major counties, OK, and has closed on a farmout agreement with Twenty/Twenty Oil & Gas Inc. covering 1,720 net acres that are held by production.