The closest thing to a sponge that would soak up some of the market’s excess natural gas is more gas-fired power generating capacity. And according to Bentek Energy LLC, producers have something to look forward to in that regard.
Thing
Articles from Thing
Bentek: 1.1 Bcf/d of Power Generation Gas Demand Coming
The closest thing to a sponge that would soak up some of the market’s excess natural gas is more gas-fired power generating capacity. And according to Bentek Energy LLC, producers have something to look forward to in that regard.
Consol Defers Some Marcellus Drilling
Consol Energy Inc. said last week it has too much of a good thing — natural gas — and low prices will lead to reduced spending and well drilling in the Marcellus Shale this year.
Consol Waiting for Higher Gas Prices, Defers Some Marcellus Drilling
Consol Energy Inc. said Thursday it has too much of a good thing — natural gas — and low prices will lead to reduced spending and well drilling in the Marcellus Shale this year.
North American E&Ps ‘Adapting Quickly’ to Lower Gas Prices
North American explorers aren’t going to let a little thing like weak natural gas prices get in the way of record spending plans in 2012, a recent survey by Barclays Capital has found.
North American E&Ps ‘Adapting Quickly’ to Lower Gas Prices
North American explorers aren’t going to let a little thing like weak natural gas prices get in the way of record spending plans in 2012, a new survey by Barclays Capital has found.
McClendon Values Utica at $500 Billion
The Utica Shale could be worth $500 billion, and the “biggest thing economically to hit Ohio, since maybe the plow,” Chesapeake Energy Corp. CEO Aubrey McClendon told an audience in Ohio last Wednesday.
Pennsylvania Township Wants Ballot Question Removed
A Pennsylvania township has filed lawsuit against its county board of elections, arguing that a referendum put forth by an environmental group that would ban hydraulic fracturing (fracking) in the township violates several state laws and could expose the municipality to legal action by the industry and others.
Arkansas Severance Tax Hike Proposal Moves Forward
A ballot initiative sponsored by former natural gas industry executive Sheffield Nelson to raise Arkansas’ severance tax on natural gas production has passed the muster of the state attorney general and would go before voters next year if proponents can garner enough signatures.
Shale Gas Supplies Overrated, Report Alleges
Government and industry sources have grossly overstated future natural gas supplies in the United States, basing their estimates on unrealistic growth in supplies from shale gas plays, according to a report released Thursday by the San Francisco-based Post Carbon Institute, a nonprofit organization that promotes sustainability.