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White House: Shale Gas A Big Boost for Manufacturing Jobs

The U.S. onshore natural gas industry is helping to fuel recent gains in domestic manufacturing, the White House said in a report Wednesday.

January 13, 2012

Marcellus Boom Sending Rockies Gas Packing

Eastern markets used to look like the Promised Land to Rockies producers. But surging production growth from the Marcellus Shale amounts to a “keep out” sign planted along the side of Kinder Morgan Energy Partners LP’s (KMP) Rockies Express Pipeline (REX).

January 9, 2012

Cameron Settles Macondo Case with BP

Houston-based Cameron International Corp., which manufactured the blowout preventer used for the doomed deepwater Macondo oil well, on Friday agreed to pay operator BP plc $250 million to settle claims relating to the disaster.

December 19, 2011

West Virginia Senate Unanimously Passes Marcellus Shale Bill

The West Virginia state Senate unanimously approved Gov. Earl Ray Tomblin’s version of a Marcellus Shale regulatory reform bill on Tuesday by a 33-0 vote.

December 14, 2011

Posturing Continues Regarding Federal Frack Rules

Although it is not likely to subside in the months ahead, concern among state officials regarding proposed federal rules on hydraulic fracturing (fracking) is creating a lot of posturing from both political and legal standpoints. North Dakota is in the middle of the messy states’ rights public debate.

December 5, 2011

Industrial Users Push Back on Gas Exports, Transportation

Another shoe dropped Tuesday in the debate over creating national subsidies for natural gas used in vehicular transportation as the large manufacturing sector expressed strong opposition to a proposal released earlier this month in the U.S. Senate (S 1863) to expand tax credits for gas transportation infrastructure and vehicles (see Daily GPI, Nov. 17). At the same time, industrial users struck back against potential widespread U.S. exports of gas.

November 28, 2011

Drilling Impact Fee Clears Pennsylvania House, 107-76

After three days of deliberations, the Pennsylvania House of Representatives passed an impact fee on oil and gas drilling in the Marcellus Shale by a 107-76 vote.

November 18, 2011

Pennsylvania Senate Passes Drilling Impact Fee, 29-20

The Pennsylvania Senate approved a 3% impact fee on oil and natural gas drillers on Tuesday night, moving the Keystone State one step closer to possibly generating revenue from Marcellus Shale development. Meanwhile the state House of Representatives, after three days of tacking on amendments, is poised to pass its own competing bill Thursday (Nov. 17).

November 17, 2011

Colorado Debates Draft Rules on Fracking Chemicals

The Colorado Oil and Gas Conservation Commission (COGCC) is scheduled to consider a set of new rules on the disclosure of chemicals used in hydraulic fracturing (fracking) early next month, but the debate is already picking up steam regarding proposed exemptions for trade secret chemicals.

November 17, 2011

Shales Heating Up Talk of U.S. as LNG Exporter

The surge of U.S. shale gas supplies has caused a large-scale rethink on liquefied natural gas (LNG) and the relationship of the U.S. gas market to that of the rest of the world. Those who used to watch U.S. shores for inbound tankers now wonder how soon and how many tankers will leave this country loaded with liquefied shale gas.

November 10, 2011
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