Ways

Williams late Thursday said it is drawing up plans to build the first propane dehydrogenation (PDH) facility in Canada, which would give it room to increase its polymer-grade propylene production to serve a growing petrochemical market.

Wyoming’s state oil/gas supervisor found himself Wednesday cross ways with Gov. Matt Mead regarding the continuing multi-governmental scrutiny of the federal Environmental Protection Agency’s (EPA) two test water wells in natural gas fields near Pavillion, WY. EPA initially identified a possible link between hydraulic fracturing (fracking) and local drinking water contamination.

A majority of states, including many deeply involved in shale development, are not preparing for the ways a changing climate might impact future water supplies, according to a new report from the National Resources Defense Council (NRDC).

Exploration and production companies looking for ways to develop vast natural gas reserves deep within upstate New York’s Southern Tier have faced an “unwelcome” mat in recent years, with a state-imposed drilling moratorium on hydraulic fracturing (fracking), as well as many town council-imposed outright drilling bans. However, producers now face what may be an even bigger threat: the Preservation League of New York State.

Exploration and production companies looking for ways to develop vast natural gas reserves deep within upstate New York’s Southern Tier have faced an “unwelcome” mat in recent years, with a state-imposed drilling moratorium on hydraulic fracturing (fracking), as well as many town council-imposed drilling bans. However, producers now face another threat: the Preservation League of New York State.

As Marcellus Shale development has been expanding across Pennsylvania, dairy production has been falling, but it’s unclear how the two trends are connected, according to a report from Pennsylvania State University.

Futures and the cash market parted ways Wednesday with the cash market holding on to gains of a few cents at most points and the futures stumbling to a double-digit loss as traders attempt to factor in what looks like another surplus-building inventory report Thursday and a revised weather outlook. At the close March had fallen 10.7 cents to $2.425 and April retreated 8.4 cents to $2.616. March crude oil added $1.06 to $101.80/bbl.

Wyoming Gov. Matt Mead claimed on Monday that Wyoming has found ways to solve its energy issues without federal intervention. In his state of the state address, the governor said Wyoming is exporting more Btus than any other state; minerals, including oil and gas, make up 80% of the state’s revenues.

After more than three years, Pennsylvania lawmakers have passed an impact fee on gas drilling. The bill awaits Gov. Tom Corbett’s signature.