Paper

A new release in the U.S. Geological Survey’s (USGS) Professional Paper series provides an in-depth analysis showing that oil and natural gas resources in the Appalachian Basin remain significant and are sufficient to continue contributing meaningfully to the nation’s fossil fuel needs.

In response to FERC actions attempting to improve coordination between the electric and natural gas grids, the California grid operator has proposed some changes for this winter that will be discussed in a stakeholder conference call Tuesday.

Pennsylvania Gov. Tom Corbett defended the decision to enact an impact fee, rather than a severance tax, on oil and gas drilling, and he said there was nothing new to report on a proposed ethane cracker in the western part of the state.

Nearly 100 shale gas-driven chemical industry projects in the United States — worth about $71.7 billion — will generate $20 billion in federal, state and local tax revenue by 2020, according to an analysis released Monday by the American Chemistry Council.

Few companies have either energy or water strategies, and fewer still have integrated energy-water strategies — “a glaring omission” — according to a white paper issued Tuesday by a pair of independent advisers to Deloitte LLP.

Canadian producers are riding shale gas technology imported from the United States to complete an about-face in drilling targets next year by switching over to tight oil formations.

Pennsylvania Interfaith Power and Light released a position paper on Marcellus Shale drilling Sunday, outlining changes that need to be made before drilling could be viewed as acceptable through a moral compass. The organization said it would support shale drilling if it replaced coal and other fossil fuels quickly, if the state enacted a drilling tax and if overall community and environmental impacts were reduced. A copy of the document is available at www.paipl.org.

Widely expected, potentially drastic shrinkage of Canadian supplies as a factor in the international natural gas market is still only a forecast on paper instead of the reality in the pipelines, according to records of Canada’s National Energy Board (NEB).

Widely expected, potentially drastic shrinkage of Canadian supplies as a factor in the international natural gas market is still only a forecast on paper instead of the reality in the pipelines, according to records of Canada’s National Energy Board (NEB).