In North Dakota where a quarter of the booming oil production in the Bakken Shale play is moved by rail car or truck — not pipeline — North Dakota Gov. Jack Dalrymple Thursday urged the oil and gas industry to beef up the pipeline network in his state to keep up with rapidly growing production. Dalrymple spoke to more than 100 industry and government representatives at the state’s annual pipeline summit in Bismarck.
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News Report: Landowners Torn in Shale Regions
On the ground, the shale boom is a mixed bag as rural landowners weigh the alternatives of securing lucrative royalties at the cost of their land being part of an oil/gas industrial push that critics contend is threatening local environments and public water supplies. The Los Angeles Times last Sunday profiled the dilemma through a feature on two brothers with dairy farms in the rich Marcellus Shale in western New York.
Federal Agency Budgets Target Hydraulic Fracturing Studies
President Obama’s fiscal 2013 budgets for the Environmental Protection Agency (EPA), Department of Energy (DOE) and Department of Interior (DOI) propose funding directed at assessing the impact of hydraulic fracturing (fracking) of shale.
CFTC Delays Large Swaps Trader Reporting for Physical Commodities
The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight Friday issued a letter providing temporary exemptive relief from the daily reporting of swap transactions.
Petrochem Industry Eyes Economic Growth from Shale Gas
The natural gas liquids (NGL) in shale gas offer the United States a “tremendous opportunity” to strengthen manufacturing, boost economic output and create jobs, according to a report by the American Chemistry Council (ACC).
Pennsylvania GOP Wants NGV Incentives — Without Severance Tax
Pennsylvania could secure its energy future, clean up its environment and create thousands of jobs by providing incentives for the use of natural gas as a transportation fuel, all without having to impose a severance tax on gas production in the Marcellus Shale, according to a group of state House Republicans led by Stan Saylor (R-York).
Pennsylvania GOP Wants NGV Incentives — Without Severance Tax
Pennsylvania could secure its energy future, clean up its environment and create thousands of jobs by providing incentives for the use of natural gas as a transportation fuel, all without having to impose a severance tax on gas production in the Marcellus Shale, according to a group of state House Republicans led by Stan Saylor (R-York).
Industry Briefs
Williams Partners LP has placed the first phase of its Transco pipeline 85 North expansion into service, providing 90,000 Dth/d to fuel Constellation Energy’s new 740 MW power plant in Tallapoosa County, AL. Phase II of the project will increase the pipeline’s capacity by an additional 218,500 Dth/d by summer 2011, serving new and existing power generating facilities in North Carolina. Phase I of the project required adding 17,900 hp at two compressor facilities in Alabama. Phase II will require the addition of approximately 22 miles of 42-inch diameter pipeline in Alabama, South Carolina and North Carolina, as well as a new 20,500 hp compressor facility in South Carolina and modifications to several existing compressor stations. The total cost of the project is about $241 million.
Prices Mostly Softer Despite Rising Storm Threat
Despite the National Hurricane Center (NHC) providing greatly enhanced odds of a tropical storm or hurricane named Alex entering the southern Gulf of Mexico by early this week, prices saw small losses at nearly all points Friday.
CEC Funnels Millions Into Efficiency, Clean Fuels
The California Energy Commission (CEC) is providing an additional $26 million for appliance rebates to get consumers to replace inefficient appliances, and an added $10 million to convert passenger and heavy duty vehicles to run on alternative fuels, including liquefied natural gas (LNG).