North America’s burgeoning unconventional oil supplies have created “considerable investment needs” because pipelines are in the “wrong place carrying crude in the wrong direction and/or transporting the wrong products,” according to a review by Ernst & Young LLP.
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Articles from Redirect
Encana Sees ‘Prolonged Environment’ for Low Gas Prices
Faced with “unsustainably low” natural gas prices, onshore independent Encana Corp. will redirect up to $1 billion of its 2011 capital spending from dry gas output to natural gas liquids (NGL) and oil production, CEO Randy Eresman said last week.
April 25, 2011
Encana Sees ‘Prolonged Environment’ for Low Gas Prices
Faced with “unsustainably low” natural gas prices, onshore independent Encana Corp. will redirect up to $1 billion of its 2011 capital spending from dry gas output to natural gas liquids (NGL) and oil production, CEO Randy Eresman said Wednesday.
April 21, 2011
House Committee Approves West Virginia Marcellus Bill
A bill that would increase horizontal drilling permit fees in West Virginia to $5,000 from the current $650 that all drillers pay was passed out of committee and sent to the full House Thursday afternoon.
March 11, 2011
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