Stunning

Drilling Supporters to Appeal New York Ruling

In a stunning setback for shale development in New York state, an appellate court ruled unanimously last week to uphold two local bans on oil and gas activities. Attorneys representing landowners and energy companies told NGI that they have already started the process to appeal to the top court in the state, the Court of Appeals.

May 6, 2013

NY Appellate Court Upholds Local Frack Bans; Shale Backers Plan Appeal

In a stunning setback for shale development in New York state, an appellate court ruled unanimously to uphold two local bans on oil and gas activities.

May 6, 2013

Texas Oil and Gas Jobs Boom Gathered Pace in February

A “stunning” increase in Texas oil and gas industry employment, which was revealed by revisions to recent workforce statistics, was driven by gains in the number of jobs supporting oil and gas exploration and production, said the economist who compiles the Texas Petro Index (TPI), a barometer of the industry’s health in the Lone Star State.

April 4, 2013

New York Assembly Passes Two-Year Moratorium on Fracking

In a stunning setback for shale development in the Empire State, the New York State Assembly voted 95-40 on Wednesday to enact a two-year moratorium on high-volume hydraulic fracturing (HVHF). The bill, A5424, now moves to the state Senate.

March 7, 2013

New York Assembly Passes Two-Year Moratorium on Fracking

In a stunning setback for shale development in the Empire State, the New York State Assembly voted 95-40 on Wednesday to enact a two-year moratorium on high-volume hydraulic fracturing (HVHF). The bill, A5424, now moves to the state Senate.

March 7, 2013

Court Issues Stunner, Vacates 2007-2012 Offshore Leasing Plan

In a stunning decision Friday, an appeals court in Washington, DC, vacated and remanded to the Department of Interior the five-year leasing plan for 2007-2012 for reconsideration, a decision that threatens to upset the current leasing schedule and raises questions about sales that already have been completed under the plan. The decision cited the agency’s failure to “properly consider” the environmental sensitivity and marine productivity of the different areas of the Outer Continental Shelf (OCS) that are included in the leasing plan.

May 13, 2009

Court Issues Stunner, Vacates 2007-2012 Offshore Leasing Plan

In a stunning decision Friday, an appeals court in Washington, DC, vacated and remanded to the Department of Interior the five-year leasing plan for 2007-2012 for reconsideration, a decision that threatens to upset the current leasing schedule and raises questions about sales that already have been completed under the plan. The decision cited the agency’s failure to “properly consider” the environmental sensitivity and marine productivity of the different areas of the Outer Continental Shelf (OCS) that are included in the leasing plan.

April 27, 2009

North American Gas, Gas, Gas; Think in Quadrillions

North American natural gas production is no longer opportunity-constrained, it’s market-constrained, as the swift, stunning growth of unconventional plays already has overtaken conventional drilling, according to industry leaders and energy pundits, who shared their expertise and advice at Cambridge Energy Research Associates’ CERAWeek in Houston.

February 17, 2009

North American Gas: Think in Quadrillions

North American natural gas production is no longer opportunity-constrained, it’s market-constrained, as the swift, stunning growth of unconventional plays already has overtaken conventional drilling, according to industry leaders and energy pundits, who shared their expertise and advice last week at Cambridge Energy Research Associates’ CERAWeek in Houston.

February 16, 2009

Montana PSC Rejects Aussie Bid for NorthWestern

In a stunning defeat, the Montana Public Service Commission (PSC) unanimously rejected an Australian company’s $2.2 billion bid to buy NorthWestern Energy. The PSC said the purchase would put Montana consumers at risk for higher rates and poor service.

July 24, 2007
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