Reason

Persistent drought in recent years is said to have played a role, but exploration and production (E&P) activity is being cited as another reason water prices in Northern Colorado have skyrocketed in the past three years. However, state water officials caution that the numbers can be overstated.

By building positions in the Eagle Ford Shale and the Permian Basin, Comstock Resources Inc. has been Texas two-stepping away from nearly all dry gas production to oil, but the dance hasn’t always been graceful, as fourth quarter results show.

Exporting liquefied domestic natural gas to world markets would generate a net benefit to the U.S. economy, and the more liquefied natural gas (LNG) that’s exported, the greater the benefit, according to a macroeconomic analysis of the impact of LNG exports commissioned by the U.S. Department of Energy (DOE) and released for public comment Wednesday.

An analysis of natural gas market and gas patch dynamics by analysts at Standard & Poor’s Ratings Services (S&P) yields little reason to be excited about dry natural gas production. And ongoing low natural gas prices won’t be much of a catalyst for opportunistic mergers and acquisitions (M&A), one S&P credit analyst said Wednesday.

Low-priced natural gas supplies are a major reason that two key emissions from electric generation plants in the past two years have been reduced in nearly two dozen states affected by the U.S. Environmental Protection Agency’s (EPA) cross-state rule for air pollution, according to Bentek Energy LLC.

Low-priced and abundant natural gas supplies are a major reason in the past two years that two key emissions from electric generation plants have been reduced in nearly two dozen states affected by the U.S. Environmental Protection Agency’s (EPA) cross-state rule for air pollution, according to a market alert from Bentek Energy LLC.

A major producer group has called on the White House to take the lead in coordinating federal reviews of hydraulic fracturing (fracking) with the goal of avoiding redundancy and streamlining work.

The backers of multiple U.S. projects to liquefy and export domestic gas have all pointed to robust production coming from shale plays as the reason for their plans. The latest proposal by Cheniere Energy Inc. singles out the Eagle Ford Shale as a source of gas to be liquefied.

Elected officials from a wealthy Pittsburgh suburb are urging their constituents to vote against a controversial referendum on the Nov. 8 ballot that would ban hydraulic fracturing (fracking) over fears that its passage would put the suburb in the crosshairs for lawsuits and undermine its drilling ordinance.