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Harvard Researcher Sees U.S. as Largest Oil Producer by 2017

Harvard Researcher Sees U.S. as Largest Oil Producer by 2017

The United States could produce 5 million b/d from shale oil deposits by 2017 and may become the world’s largest oil producer — reaching up to 16 million b/d in just a few years by combining shale with conventional oil, liquefied natural gas (LNG) and biofuels, according to a researcher at Harvard Kennedy School.

July 19, 2013

Polls: Shale Support Strong in Ohio, Weaker in New York

Two separate polls conducted by Quinnipiac University show voters in New York and Ohio have very different opinions of shale gas development, with almost two-thirds of Ohioans saying the economic benefits outweigh any environmental concerns, while nearly half of New Yorkers opposed to drilling.

April 22, 2013
When Shales Boom, Consumers Win, TD Group Says

When Shales Boom, Consumers Win, TD Group Says

North American shale gas, particularly in the United States, has proven an energy cost-saving miracle for consumers who otherwise would be staring at prices three or four times higher, according to reports released Thursday by Toronto-based TD Group, the holding company for TD Bank.

November 19, 2012

FERC OKs Transco System Expansion to Northeast

FERC on Friday approved Transcontinental Gas Pipe Line’s (Transco) Northeast Supply Link project to provide additional firm transportation service from the Marcellus shale play to meet growing demand for natural gas in Pennsylvania, New Jersey and New York City.

November 6, 2012
Obama, Romney Energy Advisers Trade Barbs at Conference Debate

Obama, Romney Energy Advisers Trade Barbs at Conference Debate

Veteran broadcast journalist and anchor Ted Koppel threw the burning brand into an otherwise predictable ‘he-said (Republican) — she-said (Democrat)’ political debate at the Marcellus Shale Gas Insight conference Thursday, questioning the public benefit of exporting liquefied natural gas (LNG).

September 24, 2012

Obama, Romney Advisers Trade Barbs in Energy Debate

Veteran broadcast journalist and anchor Ted Koppel threw the burning brand into an otherwise predictable ‘he-said (Republican) — she-said (Democrat)’ political debate at the Marcellus Shale Gas Insight conference Thursday, questioning the public benefit of exporting liquefied natural gas (LNG).

September 24, 2012

Nabors: One-Two Punch from Pressure Pumping, Costs Hurt 2Q

Nabors Industries Ltd., North America’s largest onshore drilling contractor, expects operating results in the second quarter to fall below Wall Street expectations, primarily because of a slump in pressure pumping services and higher operations costs. To improve efficiencies, the company plans to consolidate its U.S. well servicing and pressure pumping operations.

July 18, 2012

Alberta Said to Lose Billions in ‘Overly Generous’ Royalty Cuts

Alberta’s government claims that its oil and natural gas royalty system maximizes benefits for the province, but research shows otherwise — C$55 billion in potential revenue may be lost over the next three years because of “overly generous” royalty cuts and the failure to meet even “modest targets” set by previous provincial administrations.

March 20, 2012

Louisiana NGL Cracker Poised for Expansion

Boosted by the “shale gas revolution,” Williams on Tuesday said it will spend up to $400 million to expand its Geismar olefins production facility near Baton Rouge, LA.

September 21, 2011

Study Sees a Limit to Gas Substitution for Coal

The estimates of the amount of natural gas yet to be unearthed through hydraulic fracturing or “fracgas” vary widely, but there is a “determined limit” on coal-to-gas substitution that is “far short of driving coal out of the power market,” according to a new study by members of the Yale Graduates Energy Study Group.

September 6, 2011
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