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Keyword: gas

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  • Obama Administration Ignores Reporting Law as Prairie Chicken Population Increases

    07/23/2014 5:58:03 AM PDT · by george76 · 15 replies
    Colorado Observer ^ | July 22, 2014 | Audrey Hudson
    A new study shows the lesser prairie chicken population has exploded by 20 percent prompting concern by western lawmakers that the Obama administration acted hastily when it listed the bird as threatened under the Endangered Species Act. The aerial survey conducted last month by the Western Association of Fish and Wildlife Agencies showed the grouse species numbers jumped from 18,747 to 22,415. That study plus the Agriculture Departmentís tardiness in reporting conservation efforts to Congress as required by law prompted a letter from lawmakers including Colorado Republican Rep. Scott Tipton demanding the report. ďWe request that your department provide this...
  • The Way This City Is Tackling Gas Prices Has Some People Crying ĎSocialismí

    07/21/2014 7:06:35 PM PDT · by lowbridge · 26 replies
    theblaze.com ^ | july 21, 2014 | zach noble
    The town of Somerset, Kentucky, opened a city-run filling station on Saturday, the†Associated Press reported, offering gas to the public at below-market rates. From the Associated Press: The Somerset Fuel Center opened to the public selling regular unleaded gas for $3.36 a gallon, a bit lower than some nearby competitors. In the first three hours, about 75 customers fueled up at the no-frills stations, where there are no snacks, no repairs and only regular unleaded gas. The mayor says the station was created in response to years of grumbling by townspeople about stubbornly high gas prices in Somerset, a city...
  • Charts and maps of Americaís Amazing Shale Oil Revolution;

    07/19/2014 3:11:31 PM PDT · by ckilmer · 25 replies
    aei-ideas ^ | July 15th, 2014 | Mark J. Perry |
    Charts and maps of America‚Äôs Amazing Shale Oil Revolution; and the new ‚ÄėBig Three‚Äô: Bakken, Eagle Ford and Permian Mark J. Perry | July 15th, 2014 ¬† Skip to Responses ¬† ¬† Below are four charts and two maps that help tell the story of America‚Äôs Amazing Shale Oil Revolution:1. The Big Three. Yesterday, the Department of Energy‚Äôs Energy Information Administration (EIA) updated its monthly ‚ÄúDrilling Productivity Report‚ÄĚ with new estimates of oil production through August in America‚Äôs three, super-giant oil fields, the ‚ÄúBig Three‚ÄĚ: the Bakken in North Dakota and Eagle Ford Shale and Permian Basin in Texas. As...
  • A fracking problem for Dems

    07/19/2014 1:26:35 PM PDT · by Cincinatus' Wife · 2 replies
    The Hill ^ | July 19, 2014 | Laura Barron-Lopez
    Republicans love fracking in Colorado ¬ó and it could help them flip a critical Senate seat this fall. The onslaught against Democratic Sen. Mark Udall (Colo.) reached a fever pitch this week when Colorado Gov. John Hickenlooper (D) had to cancel a special legislative session meant to keep two hydraulic fracturing initiatives backed by Rep. Jared Polis (D-Colo.) off the November ballot. Udall, who had stayed out of the fray on the two measures, was forced to take a side much to the GOP's glee. Now, with Colorado as one of the top natural gas producing states in the nation,...
  • BLM: More money needed for inspections

    07/18/2014 7:30:16 AM PDT · by george76 · 24 replies
    Albuquerque Business First ^ | Jul 18, 2014 | Gary Gerew
    Bureau of Land Management Director Neil Kornze said that increased drilling and a shortage of staff are behind his agencyís request for a fee system to increase the agencyís inspection capacity. ... BLM is focused on a range of inspections, including drilling and production inspections. ... Irregular and declining budgets have hindered our ability to move out aggressively in this area. Through the Presidentís 2015 budget proposal, we are now seeking to fund inspections through a fee system that will allow us to be much more responsive to the needs of industry and, importantly, to meet the foundational safety and...
  • Democrat Congressman: Tax Drivers for Every Mile They Drive

    07/12/2014 12:35:05 AM PDT · by 2ndDivisionVet · 31 replies
    CNS News ^ | July 11, 2014 | Penny Starr
    While the House and the Senate this week issued measures intended to temporarily replenish the Highway Trust Fund before it runs out of money next month, Rep. Earl Blumenauer (D-Ore.) ended the week by proposing to hike - then abolish - the federal fuel tax and replace it with a per-mile ďfee.Ē ďThe policy development that Iím most excited about and that will reinforce the right practices for the future: After we raise the gas tax, we should abolish it,Ē Blumenauer said on Friday at the liberal Center for American Progress in Washington, D.C. ďThe time is right to replace...
  • Kiev Asks Russia to Pay $1Bln for Gas Left in Crimea Storage

    07/11/2014 8:57:33 AM PDT · by WhiskeyX · 8 replies
    RIA Novosti ^ | 27/05/2014 13:22 | RIA Novosti
    KIEV, May 27 (RIA Novosti) Ė Ukraine has asked Russia to pay $1 billion for 2 billion cubic meters of natural gas stored at an underground facility belonging to Crimea's Black Sea oil and gas company Chernomorneftegaz, Acting Prime Minister Arseniy Yatsenyuk said Tuesday. [....] Until Crimeaís reunification with Russia in mid-March, Chernomorneftegaz belonged to Ukrainian energy giant Naftogaz. After the referendum on secession from Ukraine, the company was nationalized.
  • WATER POLICY: EPA chief reaches out to farmers on muddled rule proposal

    07/10/2014 8:43:48 PM PDT · by george76 · 5 replies
    E&E ^ | July 9, 2014 | Annie Snider
    COLUMBIA, Mo. -- The Obama administration's attempt to assuage farmers' and ranchers' fears about a major Clean Water Act proposal has drawn flak from all corners, forcing the U.S. EPA administrator herself to concede yesterday that there are "legitimate concerns" with the effort. At issue is the interpretive rule for agriculture that the Obama administration released in March in tandem with a major proposal to increase the number of streams and wetlands that receive automatic Clean Water Act protection following years of regulatory uncertainty. Administrator Gina McCarthy said on a call with reporters yesterday that the interpretive rule was intended...
  • EDITORIAL: Sage-grouse politics

    07/10/2014 8:32:40 PM PDT · by george76 · 8 replies
    The fate of a chicken-size bird carries huge economic and political stakes across the West. The sage grouse, long a threat to the thriving energy sector, is also a threat to Senate Majority Leader Harry Reid. The ground-dwelling bird, which has habitat across Nevada and 10 other states, could be listed as a threatened or endangered species as soon as next year. Such a designation would place burdensome restrictions on the use of tens of millions of acres by ranchers, farmers, and oil and natural gas producers. Environmental organizations that want a halt to ranching and fossil fuel development are...
  • Seven Facts for Fracking Deniers

    07/10/2014 6:38:56 AM PDT · by rktman · 19 replies
    americanthinker.com ^ | 7/10/2014 | Jeffrey Folks
    At a recent town hall meeting in Edmond, Oklahoma, local citizens gathered to discuss the possible connection between fracking and increased seismic activity in their area. According to one published report, members of the audience left ďdisappointedĒ that no consensus had been reached linking fracking and seismic activity. According to the same report, many in the audience appeared to be ďhostile to the oil and gas industry.Ē Even in this most oil-friendly of states, it seems, there is a rush to judgment linking fracking to every conceivable sort of damage.
  • NM ranching family tells feds: ĎDonít fence us outí

    07/03/2014 9:51:37 PM PDT · by george76 · 51 replies
    New Mexico Watchdog ^ | July 3, 2014 | Rob Nikolewski
    Last month, the U.S. Fish and Wildlife Service listed the meadow jumping mouse as an endangered species. Now, the U.S. Forest Service, which oversees the Santa Fe National Forest, is considering erecting a series of 8-foot high fences to protect the mouseís habitat. The Luceros, members of the San Diego Cattlemanís Association and holders of grazing permits with the federal government, say the fences will lock out their cattle ó as well as those of other permit holders ó from ever returning to the meadow where the livestock graze for 20 days in the spring and up to 40 days...
  • Gas Prices Extend Painful Record: July 4 Marks 1,290 Days above $3-a-Gallon

    07/02/2014 11:04:20 AM PDT · by Cheerio · 17 replies
    CNSNews ^ | July 2, 2014 | Julia Seymour
    This Independence Day weekend, drivers won't see any relief from high gas prices. Although prices retreated by a fraction of a cent at the beginning of the week, AAA predicts holiday travelers will pay the most at the pump since 2008. In its monthly gas price report released June 30, AAA said, "With Independence Day only a few days away, today's national average price of gas is $3.68 per gallon. This average is considerably more expensive than recent years for the holiday. The national average on July 4 in previous years was: $3.48 (2013); $3.34 (2012); $3.57 (2011); $2.74 (2010);...
  • The Real Significance Behind That Oil Export Hoopla

    06/30/2014 4:50:49 PM PDT · by ckilmer · 25 replies
    forbes ^ | 6/30/2014 @ 7:35PM | Christopher Helman
    There was a lot of hoopla last week over the news that the U.S. Department of Commerce had seemingly loosened rules governing the export of condensate ‚ÄĒ light weight hydrocarbons recovered from oil and gas wells. The excitement was palpable; shares in in oil refiners sold off. Was this the start of the big policy shift that oil producers have been dreaming of? An end to the 40-year oil export ban?
  • Energy boom fuels economic growth in Midwest states

    06/28/2014 6:28:04 AM PDT · by ckilmer · 3 replies
    miamiherald ^ | Friday, 06.27.14 | Patrick Gillespie
    Energy boom fuels economic growth in Midwest states     The drilling rig floor is slick with grease and oil in Watford City, N.D., Dec. 17, 2013. Jim Gehrz / Minneapolis Star Tribune/MCT By Patrick Gillespie McClatchy Washington Bureau WASHINGTON -- While the national business outlook remains tepid, the energy sector is driving fast economic growth in some states.A drilling boom for oil shale and natural gas has spurred prosperity throughout the middle of the United States. Despite having mostly smaller economies compared with coastal states, these states will continue growing for at least five more years, energy economists project,...
  • Russia "Not Optimistic" After EU Peace Talks; Threatens To Limit Reselling Gas To Ukraine

    06/27/2014 2:19:29 PM PDT · by tcrlaf · 2 replies
    Zerohedge ^ | 6-27-2014 | Durden
    With Petroshenko agreeing to extend today's cease-fire deadline for 3 days, the Russians, unfortunately, are not optimistic after the 'expert-level' talks in Europe. Given this, it appears Russia is preparing its retaliation for possible further sanctions that are being waved by Europe and the US. As AP reports, Russia's state-controlled gas company, Gazprom, says it could limit supplies to European customers that intend to re-sell the natural gas on to Ukraine. Whil enot naming specific countries, the Gazprom CEO explained he needed to clamp down on the so-called reverse-flow supplies the the cut-off Ukraine as they were "half-fraudulent schemes." Russia...
  • Peak Oilís Revenge

    06/27/2014 1:05:09 PM PDT · by ckilmer · 13 replies
    peakoil.com ^ | June 27, 2014 | Christian DeHaemer
    Peak Oil’s Revenge A slew of events over the past few months have driven the price of oil higher.The ISIS incursion in Iraq has set up the entire Middle East for a multinational civil war. It’s not hard to envision a reign of destruction across the Arab Peninsula to the oil producing regions of Iran.Russia, the world’s largest producer of hydrocarbons, is stirring up nationalism and sending rebel groups into Ukraine.China just sent four jack-up rigs into disputed waters off Vietnam to look for oil.And two days ago, the Obama administration made it legal to export very lightly refined crude...
  • Court asked to speed up Canada lynx recovery work ((UN Agenda 21 )

    06/25/2014 7:24:38 AM PDT · by george76 · 14 replies
    ap ^ | June 24, 2014 | MATTHEW BROWN,
    Wildlife advocates want a federal judge to order faster action on a recovery plan for imperiled Canada lynx. ... Officials also say that lynx face a relatively low degree of threat compared to other protected species. The Fish and Wildlife Service was forced to come up with a timeline on the recovery document when Molloy last month expressed frustration with the government's progress. The judge said the "stutter-step" approach by federal officials necessitated court intervention. The lawsuit pending before Molloy was brought by Friends of the Wild Swan, Rocky Mountain Wild, Biodiversity Conservation Alliance and the San Juan Citizens Alliance....
  • With Putin in Vienna, Gazprom signs Austria pipeline deal

    ienna (AFP) - Coinciding with a visit to Vienna by Russian President Vladimir Putin, Russian energy giant Gazprom on Tuesday signed a deal with Austria's OMV approving the EU country's section of the controversial South Stream pipeline. The crisis in Ukraine has made the planned pipeline bringing Siberian gas to the European Union -- bypassing Ukraine -- a new focus of tensions between Moscow, Brussels and Washington. EU member Bulgaria earlier this month said it was suspending work on building its section of the multi-billion-euro (-dollar) project following pressure from the EU and the United States. The European Commission has...
  • Shale Boom Will Spread Beyond North America Before 2020: IEA

    06/22/2014 7:19:56 PM PDT · by ckilmer · 22 replies
    ibtimes.com ^ | June 17 2014 8:45 AM | By Justin Scheck and BenoÓt Faucon
    Shale Boom Will Spread Beyond North America Before 2020: IEA By Meagan Clark on June 17 2014 8:45 AM Here's the EIA's latest assessment of where the world's known technically recoverable shale oil and gas deposits are located. The number of countries on the list has nearly doubled since 2011. U.S. Energy Information Administration Share this article   The North American shale boom that has transformed the oil industry here will spread beyond the continent before the end of the decade, the International Energy Agency (IEA) said Tuesday in its annual five-year oil market report.That’s sooner than IEA previously expected....
  • Fracking foes turn to cities

    06/22/2014 12:32:36 PM PDT · by 2ndDivisionVet · 13 replies
    The Denton Record-Chronicle ^ | June 21, 2014 | Peggy Heinkel-Wolfe
    Anti-fracking forces across the country have tapped into local governments to get them to tap the brakes on fracking, a technological advance that allows energy companies to extract oil and gas from deep rock formations by pressure-pumping them with sand, water and chemicals. Some states allow communities to regulate the energy industry, but some do not, according to Deborah Goldberg, a New York attorney with Earthjustice, a national nonprofit known for using the court system to protect the environment and peopleís health. ďLocal authority varies substantially depending on the state you are in,Ē Goldberg said in a press briefing Friday....
  • The World Has 53.3 Years of Oil Left

    06/22/2014 10:52:21 AM PDT · by ckilmer · 67 replies
    fool.com ^ | June 22, 2014 | Matt DiLallo
    The World Has 53.3 Years of Oil Left By Matt DiLallo |June 22, 2014 |†Photo credit: BP. BP (NYSE: BP††) †has provided an intriguing update to its global oil reserves estimate in the company's latest yearly†review of energy statistics. BP raised its reserve estimate by 1.1% to 1,687.9 billion barrels, which is enough oil to last the world 53.3 years at the current production rates. However, there's likely a lot more oil left in the tank beyond what BP sees today. America's energy boom surgesA good portion of the growth in global oil reserves in BP's report comes from the...
  • N.D. oil production tops 1 million-barrels-a-day milestone

    06/21/2014 5:31:59 PM PDT · by ckilmer · 3 replies
    startribune ^ | Updated: June 17, 2014 - 11:08 PM | DAVID SHAFFER ,
    North Dakota has joined the big leagues of crude oil production, surpassing 1 million barrels per day ‚ÄĒ an output second only to Texas in the U.S. State officials said Tuesday that North Dakota yielded 1,001,149 barrels daily in April from a record 10,658 wells. Jubilant oil industry officials hailed the benchmark as another sign that the United States is freeing itself from the grip of foreign oil.
  • Grouse hits 400,000 Acres Out of Energy Production

    06/21/2014 8:19:33 AM PDT · by george76 · 25 replies
    Colorado Observer. ^ | June 20, 2014 | Audrey Hudson
    The federal governmentís decision to ban energy development across a wide swath of Colorado and eastern Utah to protect the Gunnison sage grouse habitat has raised concerns the action would inflict economic damage. Although the Obama administration was not expected to make its decision as to whether the bird warrants the endangered listing until November, the Bureau of Land Managementís decision this week effectively puts an oil, gas and coal moratorium on 400,000 acres Ė roughly 90 acres per bird. The final decision was ďpushed back until after the election, because when people understand the impact on jobs, people get...
  • Inflation? Only If You Look At Food, Water, Gas, Electricity And Everything Else

    06/20/2014 8:49:31 PM PDT · by george76 · 72 replies
    Zero Hedge ^ | 06/20/2014 | Tyler Durden
    Have you noticed that prices are going up rapidly? If so, you are certainly not alone. But Federal Reserve chair Janet Yellen, the Obama administration and the mainstream media would have us believe that inflation is completely under control and exactly where it should be. Perhaps if the highly manipulated numbers that they quote us were real, everything would be fine. But of course the way that the inflation rate is calculated has been changed more than 20 times since the 1970s, and at this point it bears so little relation to reality that it is essentially meaningless. Anyone that...
  • Europeís Anti-Fracking Activists May Be Way More Sinister Than Youíd Think (Russian stooges)

    06/19/2014 5:59:17 PM PDT · by 2ndDivisionVet · 6 replies
    The National Review's The Corner ^ | June 19, 2014 | Patrick Brennan
    As the debate over how to regulate fracking ó and whether to permit the process at all ó rages in the U.S. and Europe, there are powerful interests that can benefit from blocking its expansion, namely, existing oil and gas producers, such as the Gulf States and Russia. There have been plenty of rumors that the governments of such places have supported anti-fracking activists, but now NATO has more or less officially accused Russian intelligence agencies of supporting anti-fracking NGOs in Europe. The FT reports: Russian intelligence agencies are covertly funding and working with European environmental groups to campaign against...
  • ISIS Fails To Seize Iraqís Largest Oil Refinery

    06/18/2014 3:57:56 PM PDT · by Enterprise · 26 replies
    CBS ^ | 6-18-2014 | Unknown
    BAGHDAD (CBS News/CBSDC/AP) ó Islamic militants attacked Iraqís largest oil refinery late Tuesday, but were repelled by Iraqi security forces after an overnight battle, Iraqi officials said Wednesday. The al Qaeda splinter group known as the Islamic State of Iraq and Syria (ISIS) began their attack late Tuesday night, but fighting continued into Wednesday morning. There were unconfirmed reports that the militants had managed to gain control of much of the refinery compound, but in messages posted on their Facebook page, the Iraqi Special Operations force vehemently denied the claims. Iraqi special forces, backed up by air support, destroyed an...
  • 4th New Mexico county joins prairie chicken fight

    06/17/2014 9:12:56 PM PDT · by george76 · 11 replies
    ap ^ | June 16, 2014
    Another New Mexico county has joined a lawsuit to fight the listing of the lesser prairie chicken as a threatened species. Lea County in southeastern New Mexico joined three other counties in the state last week in a federal lawsuit against the U.S. Department of Interior and U.S. Fish and Wildlife Service ... U.S. Rep., Steve Pearce, R-N.M., .. The Fish and Wildlife Serviceís decision to cater to environmental groups and disregard science will devastate New Mexicoís way of life,Ē he said. ďNew Mexicans will pay the price in lost jobs, industry, ranching and oil and gas production.Ē
  • Feds block oil and gas leasing in Sage Grouse habitat ( Utah & Colorado )

    06/17/2014 7:17:42 AM PDT · by george76 · 17 replies
    AP ^ | Jun 17, 2014
    Federal authorities have issued a moratorium blocking oil, gas and coal leasing on 800,000 acres of public land in southwestern Colorado and eastern Utah that is habitat for the imperiled Gunnison sage grouse. ... restrictive measures that will impact jobs and economic development
  • UKRAINE: Gas pipeline "Urengoy-Uzhgorod-Pomary" pipeline explosion

    06/17/2014 6:46:33 AM PDT · by UMCRevMom@aol.com · 7 replies
    censor.net ^ | 06/17/14 16:07
    The explosion occurred on the pipeline "Urengoy-Uzhgorod-Pomary" Lokhvytsky in Poltava region. On it informs "–Ünterfaks-Ukraine", referring to the press service of the Interior Ministry in the Poltava region, transmits UE. Read also "Tsenzor.NET": GTS and underground gas storage facilities will remain the property of the state, - "Naftogaz" "The report of the explosion came about 14:20. Fortunately, there were no injuries, fire works are still going on," - said the press service. According to police, the explosion occurred on a section of pipeline located in the field, the distance to the nearest settlement - about 1 km. "According to witnesses,...
  • Ukraine crisis: Russia halts gas supplies to Kiev

    06/16/2014 5:50:43 AM PDT · by tcrlaf · 16 replies
    BBC ^ | 6-16-2014 | BBC
    Ukraine says Russia has cut off all gas supplies to Kiev, in a major escalation of a dispute between the two nations. "Gas supplies to Ukraine have been reduced to zero," Ukrainian Energy Minister Yuri Prodan said. Russia's state-owned gas giant Gazprom said Ukraine had to pay upfront for its gas supplies, after Kiev failed to settle its huge debt. Gazprom had sought from Kiev $1.95bn (£1.15bn) - out of $4.5bn it says it is owed - by 06:00 GMT. SNIP-- "Today, from 10:00 Moscow time, Gazprom, according to the existing contract, moved Naftogaz to prepayment for gas supplies," Gazprom...
  • Russia threatens to cut off gas to Ukraine

    06/15/2014 7:29:24 PM PDT · by tcrlaf · 24 replies
    AlJazeera ^ | 6-16-2014 | Al Jazeera
    Ukraine faces the threat of Russia cutting off gas supplies when a 06:00 GMT deadline passes on Monday after talks on a long-running gas pricing dispute failed. Russian natural gas producer Gazprom said it was not extending the deadline for Ukraine to start paying off its gas debts after the discussions ended in the early hours of the morning in Kiev, raising the prospect of disruptions to gas flows to the European Union via Ukraine. The breakdown of the talks is likely to increase political tensions that have mounted in the past few days between Kiev and Moscow as Ukrainian...
  • T. Boone Pickens Calls for Energy Plan at Stansberry Society Event

    06/13/2014 9:47:10 PM PDT · by ckilmer · 34 replies
    kitco.com ^ | 6/12/14
    The Next Billion (Barrels of Oil): T. Boone Pickens Calls for Energy Plan at Stansberry Society Event Thursday June 12, 2014 14:12 Source: JT Long of The Energy Report  (6/12/14) http://www.theenergyreport.com/pub/na/the-next-billion-barrels-of-oil-t-boone-pickens-calls-for-energy-plan-at-stansberry-society-event Known for his saying that "the first billion is the hardest," oil billionaire T. Boone Pickens addressed the Stansberry Society Conference in Dallas at the end of May with a plea for a national energy plan that takes advantage of the billions of barrels of oil being produced each day in the U.S. for domestic use. First addressing the audience, and then in conversation with event host Porter Stansberry, followed by...
  • A billion-dollar daily shot in the arm for the American economy

    06/13/2014 9:30:58 AM PDT · by ckilmer · 15 replies
    exxonmobilperspectives ^ | August 17, 2012 | Ken Cohen
    A billion-dollar daily shot in the arm for the American economy Posted: August 17, 2012 by Ken Cohen Print this: email ¬† inShare ¬† One billion dollars every single day.That is the rough measure of the benefit the U.S. economy is estimated to receive by the end of this year thanks to the development of new supplies of oil and natural gas, according to a new analysis.USA Today reported recently about a Merrill Lynch study that seeks to quantify just how much the new supplies of natural gas and oil from unconventional sources like shale ‚Äď not to mention offshore...
  • Chesapeake chasing Ďall-but-forgottení shale assets

    06/13/2014 9:18:43 AM PDT · by ckilmer · 7 replies
    fuelfix.com ^ | May 19, 2014 at 11:50 pm | Collin Eaton
    Chesapeake chasing ‚Äėall-but-forgotten‚Äô shale assets Posted on May 19, 2014 at 11:50 pm by Collin Eaton in Crude oil, Natural gas, Shale EmailPrint8 inShare81 A Chesapeake Energy storage tank near Dilley, Texas. (Pat Sullivan/AP) HOUSTON ‚Äď Just a month after BP decided to take a $521 million hit to abandon its plans for the Utica Shale, Chesapeake Energy last week called the region its ‚Äúnewest world-class asset.‚ÄĚIt was the second surprising determination that Chesapeake executives made this year on where the company could find its biggest future growth drivers. The first out-of-the-blue call came in February, when the Oklahoma City-based...
  • New Utica wells rival core Marcellus output

    06/12/2014 4:05:34 PM PDT · by ckilmer · 8 replies
    fuelfix ^ | une 12, 2014 at 3:00 pm | by Collin Eaton
    New Utica wells rival core Marcellus output Posted on June 12, 2014 at 3:00 pm by Collin Eaton in featured, Natural gas, Shale A drilling rig in the Utica Shale. (Chesapeake) HOUSTON ‚Äď Natural gas, and not oil, has turned out to be the dominant fossil fuel in Ohio‚Äôs Utica Shale, a big disappointment to the industry that prompted BP and Halc√≥n Resources to abandon the play earlier this year.But Aubrey McClendon‚Äôs new wildcatting venture American Energy Partners and a handful of players are racing to snap up land in the southeastern corner of the play, where operators have found...
  • EXCLUSIVE: Russiaís Gazprom part of secretive natural gas group within UN European unit

    06/07/2014 6:40:11 AM PDT · by UMCRevMom@aol.com · 4 replies
    FOX News ^ | June 04, 2014 | George Russell editor-at-large of Fox News
    EXCLUSIVE: The Russian natural gas company Gazprom, which supplies much of Europeís gas imports, is at the center of a secretive cabal of mostly state-owned natural gas companies that has been operating for two decades under the aegis of the United Nations, according to a first-ever audit of the operation obtained by Fox News. Even though it is a U.N. entity, the group, known simply as the Gas Centre, runs on a budget funded by its corporate members. Its supervisory Executive Board has never been approved by the U.N. agency of which it is nominally a part, the United Nations...
  • US Shale Plays to Watch in 2014

    06/04/2014 12:13:37 PM PDT · by ckilmer · 14 replies
    rigzone ^ | Wednesday, November 27, 2013 | Karen Boman |
    US Shale Plays to Watch in 2014 by  Karen Boman | Rigzone Staff | Wednesday, November 27, 2013 The U.S. shale exploration and production boom has dramatically changed the U.S. energy landscape, unlocking enough natural gas resources to turn the country into a future exporter of liquefied natural gas while reversing the decline seen a few years ago in U.S. crude oil production.While unconventional plays such as the Eagle Ford and Bakken are well-known, DrillingInfo CEO Allen Gilmer told Rigzone he sees potential for exploration and production activity in 2014 and beyond for some emerging U.S. shale plays.These plays...
  • False Fears About Fracking

    06/04/2014 8:46:24 AM PDT · by MichCapCon · 4 replies
    Capitol Confidential ^ | 6/1/2014 | Jarrett Skorup
    Bridge Magazine, a publication of The Center for Michigan, had a recent series of articles on hydraulic fracturing ("fracking"), and while the author provides some value, including good interviews with residents and a look at the externalities of drilling, the pieces make some errors ó one in particular is egregious enough that it should be corrected. The author cites the anti-fracking film, "Gasland," and references an infamous scene in the movie where a man is shown lighting methane coming out of his faucet on fire. This has become a defining scene for the anti-gas left. In the piece, author Jacob...
  • Ukraine's Yatsenyuk Urges EU to Block Russia's South Stream Pipeline

    06/03/2014 8:52:27 PM PDT · by tcrlaf · 4 replies
    ITAR-TASS ^ | 6-3-2014 | ITAR
    Ukraine's Acting Prime Minister Arseniy Yatsenyuk urged the European Union on Tuesday to block Russian South Stream gas pipeline, currently under construction and expected to transfer Russian oil and gas to central and southern Europe via Black Sea bypassing Ukraine. "We call on the European Union to block the South Stream. Ukraine is a reliable transit country, we have fulfilled and will continue to fulfil our obligations," Yatsenyuk told the parliament. Aiming to diversify Russia's gas supply routes to Europe due to Ukrainian gas debt of $3.5 billion, which Russia fears may lead to possible transit disruptions, Russian gas giant...
  • Walking consumes more gasoline than driving

    06/02/2014 10:49:10 AM PDT · by NowApproachingMidnight · 8 replies
    Brad Ideas ^ | 6/2/14 | Brad
    Note to new readers: This article explores the consequences of using so much fuel to produce our food. If you come out of it thinking itís telling you to drive rather than get some exercise, you didnít read it!
  • Ukraine Making First Gas Payment To Russia

    05/30/2014 12:10:10 PM PDT · by tcrlaf · 3 replies
    Seattle Times ^ | 5-30-2014 | GEIR MOULSON
    <p>Ukraine's gas company, Naftogaz, announced at a European Union-mediated meeting in Berlin Friday with Gazprom and the Russian and Ukrainian energy ministers that it has transferred $786 million to Gazprom, EU Energy Commissioner Guenther Oettinger said. That covers deliveries in February and March, a period for which the price charged to Ukraine is undisputed, Ukrainian Energy Minister Yuri Prodan said.</p>
  • MARK UDALLís PRICE TAG: Left-Wing Extremist Millions Causes Udall To Sell Out Coloradans

    05/23/2014 12:33:36 PM PDT · by george76 · 1 replies
    ColoradoPeakPolitics ^ | May 23, 2014
    We now know how much Sen. Mark Udall was willing to sell Colorado out for- $15 million (give or take). The eco-extremist Tom Steyer is hoping to have a $100 million dollars to spend in just seven races this election cycle. That means if Steyer distributes his hoped for funds evenly, it only took less than $15 million dollars for Udall to choose a San Francisco eco-extremistís wishes over what is best for Colorado ... Opposition to the Keystone XL pipeline is nothing but an extremist issue pushed by those on the margins of the Democratic Party. The chance to...
  • Russia to supply natural gas to China in 30-year deal worth $400 billion, boosting their ties

    05/21/2014 8:16:34 AM PDT · by tcrlaf · 23 replies
    AP ^ | 5-21-2014 | By LOUISE WATT and VLADIMIR ISACHENKOV
    China signed a landmark deal Wednesday to buy Russian natural gas worth about $400 billion, giving a boost to diplomatically isolated President Vladimir Putin and expanding Moscow's ties with Asia. Price negotiations on the 30-year deal continued into the final hours of a two-day visit by Putin to China, during which both sides had said they hoped to sign an agreement. Putin was in Shanghai for an Asian security conference where China's president called for a new model of Asian security cooperation based on a regional group that includes Russia and Iran and excludes the United States. The gas deal...
  • Russia and China seal historic $400bn gas deal

    05/21/2014 6:10:52 AM PDT · by PaulCruz2016 · 15 replies
    Russia Today ^ | 05-21-2014
    After 10 years of negotiations, Russia's Gazprom and China's CNPC have finally signed a historic gas deal which will provide the world's fastest growing economy with the natural gas it needs to keep pace for the next 30 years. The total value of the contract is $400 billion, Gazprom CEO Aleksey Miller said. However, the price of gas stipulated in the document remains a "commercial secret." Assuming the overall price of the contract includes only the cost of supplies of Russian gas, then the $400 billion price tag means China will pay about $350 per 1,000 cubic meters. Delivery price...
  • Polis Puts Udall, Dems in Bind with Anti-Fracking Initiatives ( Colorado )

    05/17/2014 5:56:52 AM PDT · by george76 · 6 replies
    Colorado Observer. ^ | May 16, 2014 | Valerie Richardson
    Rep. Jared Polisís decision to sponsor a barrelful of anti-fracking initiatives is threatening to make a tough election year even rougher for Colorado Democrats, starting with Sen. Mark Udall. Democratic Gov. John Hickenlooper is attempting to broker a deal that would persuade Polis to pull his proposed anti-fracking initiatives, but if the governor canít get it done, every Democratic candidate will face pressure to take a stand this year on an issue that has badly divided the state party. That starts with the Democrat Udall, whoís already under fire for refusing to stake out a position on whether to construct...
  • Slovak PM: Russia says gas to Europe will stop if Kiev does not pay

    05/15/2014 9:31:21 AM PDT · by tcrlaf · 14 replies
    Yahoo news ^ | 5-15-2014 | Reuters
    Russian President Vladimir Putin has informed multiple European states that Moscow will not supply gas to Europe through Ukraine as of June 1 if Kiev does not pay its bills, Slovak Prime Minister Robert Fico said on Thursday. Fico, speaking to reporters after meeting NATO Secretary General Anders Fogh Rasmussen, said the most pressing threat facing Slovakia was the question of deliveries from Russia that pass through Ukraine. "Today, multiple member states including Slovakia were informed by President Putin that as of June 1, if Ukraine does not pay for supplied gas, it will not be supplied to the European...
  • World War III: gas as a weapon of mass destruction

    05/14/2014 8:02:23 AM PDT · by se99tp · 3 replies
    ChristianConcepsDaily ^ | May 14th, 2014 | Yuri Felshtynsky
    There is something unusual (and cynical) that the occupation of Ukraine by Russia is combined with simultaneous demand to pay out billions of dollars to Russia for past and future supplies of Russian gas in not yet occupied part of Ukraine. Actually in the occupied as well, as the Russian gas was supplied in the Crimea and Donetsk and Luhansk regions.
  • Hunter Biden to Ukraine Gas Board

    05/13/2014 2:15:28 PM PDT · by lbryce · 18 replies
    Politico ^ | May 13, 2014 | LUCY MCCALMONT
    Hunter Biden, the younger son of Vice President Joe Biden, will be joining Ukraineís largest private gas producer, the company announced in a statement. ďThe companyís strategy is aimed at the strongest concentration of professional staff and the introduction of best corporate practices, and weíre delighted that Mr. Biden is joining us to help us achieve these goals,Ē Alan Apter, Burisma Holdingsí chairman of the board of directors, said in a statement, which was reported by The Moscow Times on Tuesday. Biden, joining the board, will be in charge of the legal unit, the company said and will provide support...
  • Hunter Biden [son of US VP Joe Biden] joins the team of Burisma Holdings [Ukraine gas producer]

    05/12/2014 8:45:51 PM PDT · by CMB_polarization · 37 replies
    Burisma website ^ | May 12, 2014 | media@burisma.com
    Burisma Holdings, Ukraineís largest private gas producer, has expand edits Board of Directors by bringing on Mr. R Hunter Biden as a new director. R. Hunter Biden will be in charge of the Holdingsí legal unit and will provide support for the Company among international organizations. On his new appointment, he commented: ďBurismaís track record of innovations and industry leadership in the field of natural gas means that it can be a strong driver of a strong economy in Ukraine. As a new member of the Board, I believe that my assistance in consulting the Company on matters of transparency,...
  • Breaking: Gazprom to cut supplies to Ukraine from June (3rd) if no prepayment

    05/12/2014 8:48:32 AM PDT · by tcrlaf · 15 replies
    RT ^ | 5-12-2014 | RT
    If Kiev does not pay its gas bills by June 2, exports to Ukraine will be halted the next day, Gazprom CEO Aleksey Miller said. Russian PM Dmitry Medvedev meanwhile urged demanding advanced payment from Kiev as early as Tuesday. Miller told Medvedev on Monday that Gazprom will issue a preliminary June bill to Ukraineís Naftogaz on May 13. According to Miller, Kiev already owes the company more than $3.5 billion, which compares to Gazpromís annual gas supply to Poland. ďIn case Ukraine does not pay for the June supplies, Gazprom will notify the Ukrainian side, before 10am on June...