An independent California-based geologist who has studied the Monterey Shale thinks it could eventually fulfill some of the hype surrounding its long-term reserves, but first it is going to take more serious geologic study and some small operators willing to take the risks that the big companies are not going to take.
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Alaska-Style Revenue Distribution Proposed in Alberta
Alberta’s upstart Wildrose Alliance party thinks it has a winner in the April 23 provincial elections, promising that each of the 3.8 million men, women and children who live in Alberta will receive direct annual payments by 2015 of $300-400, or a total of $1.10-1.5 billion of the expected $10 billion in oilsands royalty revenue.
Alaska-Style Revenue Distribution Proposed in Alberta
Alberta’s upstart Wildrose Alliance party thinks it has a winner in the April 23 provincial elections, promising that each of the 3.8 million men, women and children who live in Alberta will receive direct annual payments by 2015 of $300-400, or a total of $1.10-1.5 billion of the expected $10 billion in oilsands royalty revenue.
Pennsylvania’s Impact Fee Bill: ‘Not Perfect, But…’
As Pennsylvania prepares to put in place a unique mega-law (HB 1950) to regulate and tax its blockbuster baby, the Marcellus Shale, nobody thinks it’s perfect, but most are prepared to live with it and work to improve it.
Pennsylvania’s Impact Fee Bill: ‘Not Perfect, But…’
As Pennsylvania prepares to put in place a unique mega-law ( H.B. 1950) to regulate and tax its blockbuster baby, the Marcellus Shale, nobody thinks it’s perfect, but most are prepared to live with it and work to improve it (see related story).
NatGas Vehicles to Pass Electric, Says Exec
Michael Allman, CEO of Southern California Gas Co. (SoCalGas), told a national meeting of state regulators last week that he thinks natural gas will be fueling more vehicles than electricity 10 years from now. Allman spoke last Tuesday at the summer meeting of the National Association of Regulatory Utility Commissioners (NARUC) in Los Angeles.
Natural Gas to Fuel More Cars than Electricity, SoCalGas Exec Says
Michael Allman, CEO of Southern California Gas Co. (SoCalGas), said he thinks natural gas will be fueling more vehicles than electricity 10 years from now. Allman spoke Tuesday at the summer meeting of the National Association of Regulatory Utility Commissioners (NARUC) in Los Angeles.
GasMart 2011: Contrarian Sees Rising Gas Prices This Year
In what he described as “a contrarian view to what we’re hearing in the marketplace,” Paul Corby, senior vice president of Planalytics Inc., said he thinks natural gas prices could be close to $5.50/MMBtu later this year and possibly as high as $6.50/MMBtu in 2012.
GasMart 2011: Contrarian Sees Rising Gas Prices This Year
In what he described as “a contrarian view to what we’re hearing in the marketplace,” Paul Corby, senior vice president of Planalytics Inc., said Wednesday he thinks natural gas prices could be close to $5.50/MMBtu later this year and possibly as high as $6.50/MMBtu in 2012.
Former Pennsylvania Regulator: Frack Story ‘Deliberately Misleading’
Ask the former chief of Pennsylvania’s Department of Environmental Protection (DEP) what he thinks of a story last weekend in the New York Times about the dangers of hydraulic fracturing (hydrofracking) and you will get an earful (see related coverage at shaledaily.com).