The Western Reserve Land Conservancy (WRLC) is voicing support for Utica Shale development, including hydraulic fracturing (fracking), but it wants to see the industry, landowners and other stakeholders come to an agreement over developing the eastern Ohio portion of the play, the CEO said.
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Industry Brief
The Town Council of Chapel Hill, NC, has approved a resolution voicing its opposition “absent guaranteed public health and environmental protections” to hydraulic fracturing (fracking) because of potential threats to local water supplies. Creedmoor, NC, and the Town of Cary, NC, have also taken steps to regulate fracking locally (see Shale Daily, Jan. 9). In separate statements, North Carolina Gov. Bev Perdue and the state’s Department of Environment and Natural Resources have said they believe fracking can be done safely if it is properly regulated (see Shale Daily, March 26; March 19). The North Carolina Geological Survey believes that technically recoverable gas exists in the state’s Sanford sub-basin (including Lee, Chatham and Moore counties in central North Carolina) and possibly the Dan River sub-basin (including Stokes and Rockingham counties in northern North Carolina).
Hydrofracking Debated in Ohio Newspaper
Supporters and opponents of hydraulic fracturing (hydrofracking) have taken turns voicing their opinions in an Ohio newspaper in Marcellus territory this month, just days after a nonprofit organization declared the state’s program regulating the practice to be well managed.
Letter Writers Spar Over Hydrofracking in Ohio
Supporters and opponents of hydraulic fracturing (hydrofracking) have taken turns voicing their opinions in an Ohio newspaper in Marcellus territory this month, just days after a nonprofit organization declared the state’s program regulating the practice to be well managed.
Chesapeake Takes Heat for CEO Compensation Package
Some of Chesapeake Energy Corp.’s shareholders are voicing their disappointment in CEO Aubrey McClendon’s 2008 generous compensation package, and at least one shareholder group wants more information on how it was determined.
Chesapeake Shareholders Question CEO Compensation Package
Some of Chesapeake Energy Corp.’s shareholders are voicing their disappointment in CEO Aubrey McClendon’s 2008 generous compensation package, and at least one shareholder group wants more information on how it was determined.
Ex-Talisman Chief, Petro-Canada Join Critics of Alberta Plan
Petro-Canada and the former CEO of Talisman Energy Inc. joined the growing chorus voicing their disapproval for proposed changes to Alberta’s oil and natural gas royalty regime.
Alberta Looks to Become Global Synthetic Gas Production Leader
Alberta leaders are voicing hope the province will become the world leader in synthetic gas production to prevent massive waste of the natural commodity by its oilsands development rush.
Recent Power Price Spikes Catch Eye of Texas Utility Regulators
Top officials at the Texas Public Utility Commission (PUC) are voicing concerns over a recent run up in wholesale power prices in the state and, in particular, the electric wholesale market activities of TXU Corp.
CA Governor Draws Support for Initial Power Strategy
Some of the state’s biggest stakeholders wasted no time in voicing support for Gov. Arnold Schwarzenegger’s initial outline of his electricity priorities, including support for a core/noncore market structure, more renewable energy use, and long-term contracts for the state’s three private-sector utilities.