Produce

Voters are nearly evenly split about the New York Department of Conservation’s (DEC) proposed recommendations to allow hydraulic fracturing (hydrofracking) in a portion of the state’s Marcellus Shale, with 45% in support of drilling and 43% opposed, according to a poll of registered voters released on Thursday by the Siena College Research Institute.

While no named storms have formed during the first three weeks of the 2011 Atlantic hurricane season, it is still likely to produce 15 named storms, including eight hurricanes, four of them Category Three or greater — the same as the 1995-2010 average — according to forecasters at Andover, MA-based WSI Corp.

As the summer recess approaches, Pennsylvania is flooded with proposals to tax the Marcellus Shale industry.

A U.S. subsidiary of Royal Dutch Shell plc on Wednesday sanctioned the Cardamom oil and natural gas field in the Gulf of Mexico (GOM), a deepwater prospect that is expected to produce 50,000 boe/d at peak production and more than 140 million boe over its lifetime.

As natural gas pipelines serving traditional long-line routes to market in North America have begun filing for new rate hikes in an attempt to make up for the load lost to locally delivered shale gas, fundamental market changes associated with the rate increases could affect basis differentials going forward, according to a new report from Evergreen, CO-based Bentek Energy.

Shell Oil Co. expects to produce more natural gas than oil in 2012, company President Marvin E. Odum told a major gathering of energy executives and policymakers last Tuesday.

Shell Oil Co. plans to produce more natural gas than oil in 2012, company President Marvin E. Odom told a major gathering of energy executives and policymakers Tuesday.

The 2011 Atlantic hurricane season isn’t likely to produce as many tropical storms as 2010 but will still be “active,” and the storms it creates will probably cause more trouble for the U.S. coastline than last year, according to AccuWeather.com forecasters.

The 2011 Atlantic hurricane season isn’t likely to produce as many tropical storms as 2010 but will still be “active,” and the storms it creates will probably cause more trouble for the U.S. coastline than last year, according to AccuWeather.com forecasters.