Keyword: naturalgas

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    07/17/2012 6:24:56 AM PDT · by shortstop · 13 replies ^ | 07/17/12 | Bob Lonsberry
    Do you know who Lord Browne is? Me neither. But he said something interesting the other day. At a recent energy conference in Britain, Lord Browne – the former CEO of British Petroleum – said that America would be energy independent by 2030. One of the most connected and knowledgeable energy men in the world said that the United States is less than 20 years away from being able to tell the Arabs to go pound salt. The Arabs, and all the rest of the oil producers. By 2030, we’ll be able to provide for ourselves when it comes to...
  • Energy Revolution 2: A Post Post-American Post (Important!)

    07/16/2012 6:02:36 PM PDT · by 2ndDivisionVet · 18 replies
    The American Interest ^ | July 15, 2012 | Walter Russell Mead
    Forget peak oil; forget the Middle East. The energy revolution of the 21st century isn’t about solar energy or wind power and the “scramble for oil” isn’t going to drive global politics. The energy abundance that helped propel the United States to global leadership in the 19th and 2oth centuries is back; if the energy revolution now taking shape lives up to its full potential, we are headed into a new century in which the location of the world’s energy resources and the structure of the world’s energy trade support American affluence at home and power abroad. By some estimates,...
  • Opinion: Column Overlooks Where 'Energy Boom' Is Occurring

    07/16/2012 5:55:24 AM PDT · by thackney · 6 replies
    Institute for Energy Research via Rig Zone ^ | July 13, 2012 | Thomas Pyle|
    Michael Levi's opinion piece, The American Energy Boom has a number of good points about U.S. energy production, but unfortunately contains some missteps as well. For example, Levi completely misapprehends the impact of President Obama on oil and natural gas production. But Levi gets the most important facts correct—we have a bright energy future. Levi's largest mistake in his recent op-ed is crediting President Obama for the increase in oil and natural gas production in the United States. As Levi writes, "Obama has presided over an extraordinary boom in oil and gas production. That fact alone suggests he isn't out...
  • Natural gas glut a dilemma for Obama

    07/16/2012 5:41:24 AM PDT · by thackney · 17 replies
    Fuel Fix ^ | July 16, 2012 | Dan X. McGraw
    The drilling boom that has led to a glut of natural gas and sent prices to 10-year lows is causing a quandary for the Obama administration, which is struggling to decide whether – and how much – the U.S. should share the bounty with foreign countries. Although the Energy Department recently approved Houston-based Cheniere Energy’s plans to begin exporting liquefied natural gas from its Sabine Pass terminal in southwest Louisiana, the government has put off verdicts on similar applications from at least seven other companies. Administration officials say they’ll make those decisions after they get the results of a study...
  • Study: EPA’s Probe Into Fracking’s Effect on Drinking Water Isn’t So Clean

    07/10/2012 5:35:30 PM PDT · by jazusamo · 16 replies
    PJ Media ^ | July 10, 2012 | Bridget Johnson
    PLUS: Celeb anti-frackers to descend on D.C. to demand Congress end the shale extraction technique altogether. An industry-funded independent investigation of the Environmental Protection Agency’s long-running probe into the effects of hydraulic fracturing found numerous flaws in everything from the EPA’s scope to its lack of consultation with oil and gas companies. “The study released today by Battelle—a highly respected independent science and technology organization—identifies numerous concerns with EPA’s ongoing hydraulic fracturing study,” said Rep. Andy Harris (R-Md.), chairman of the House Science, Space, and Technology Subcommittee on Energy and Environment. The 166-page Battelle study, submitted to the American Petroleum...
  • Baltic LNG Terminals Conditioned by Gas Sector Reform

    07/08/2012 11:10:48 PM PDT · by bruinbirdman
    Lithuania is forging ahead on natural gas sector reform and liquefied natural gas (LNG) access, outpacing other states in the region. In 2011, Lithuania became the first EU member country to adopt the Third Package of EU energy market legislation, choosing its most far-reaching version. This legislation requires Russian Gazprom to give up control of pipelines on Lithuanian territory (“unbundling”). In parallel with this, Lithuania may become the first among the EU’s “new” member countries to start operating an LNG terminal. It plans to install a Norwegian floating terminal at Klaipeda in 2014, which would break Gazprom’s supply monopoly in...
  • Apache’s airport deal may help natural gas take off

    07/06/2012 8:12:33 AM PDT · by thackney · 20 replies
    Fuel Fix ^ | July 6, 2012 | Kiah Collier
    Like many of its energy-producing peers, Houston’s Apache Corp. is trying to spur what it hopes will become a sweeping shift in the nation’s transportation fuel from black gold toward shale gas. In an effort to increase demand for the natural gas it produces by making the fuel more accessible to potential consumers, Apache paid about $1.3 million for a compressed natural gas station near Bush Intercontinental Airport, which began fueling the Houston Airport System’s fleet of 30 CNG-powered parking shuttles last month. The one-pump station on Greens Road is being operated and maintained under contract with the city by...
  • Analysis: Gas liquids glut may spur asset sales, cuts {earnings taking a hit, Ethane a weak link}

    07/05/2012 5:34:55 AM PDT · by thackney · 21 replies
    Reuters via Calgary Herald ^ | JULY 3, 2012 | ANNA DRIVER
    OUSTON — U.S. oil and gas companies that have depended on natural gas liquids to lift profits may now have to rein in spending or sell some assets after the industry drilled its way into a glut of natural gas liquids. Prolonged low natural gas prices sent most of the exploration and production industry in search of gas that contains butane, propane and ethane — natural gas liquids (NGLs) that can be stripped out and sold for higher prices linked to a barrel of crude oil. But so much had been produced that ethane is not even worth selling in...
  • Tropic Storm Debby shuts in oil and gas production

    06/25/2012 5:14:24 AM PDT · by thackney · 21 replies
    Fuel Fix ^ | June 24, 2012 at 2:53 pm | Laura Goldberg
    Offshore oil and natural gas operators in the Gulf of Mexico kept close watch on Tropical Storm Debby Sunday as they continued evacauting people from facilities and shutting down production. The U.S. Bureau of Safety and Environmental Enforcement said as of 11:30 am Sunday based on operators reports that about 22.7 percent of the current daily oil production in the Gulf of Mexico was shut-in. It also estimated that about 22.9 percent of the current daily natural gas production in the Gulf of Mexico had been shut-in. According to the U.S. Energy Information Administration, Gulf of Mexico oil production accounts...
  • Federal Judge Halts Huge Gas Drilling Project

    06/23/2012 5:26:11 AM PDT · by Olog-hai · 23 replies
    Newsmax ^ | Saturday, 23 Jun 2012 12:18 AM | (Via Reuters)
    A U.S. district judge ordered the U.S. Bureau of Land Management (BLM) on Friday to re-assess its plan to allow drilling on some 50,000 acres on the Roan Plateau, which the energy industry says contains one of the largest natural gas fields in the continental United States. Judge Marcia Krieger said BLM had failed to thoroughly assess all the environmental impact to the ecologically sensitive plateau in western Colorado before approving energy development on the mountain. "Like many areas of Colorado, the area has been blessed with an abundance of two major resources, the uses of which are often in...
  • Can the Natural Gas Sector Save the US Economy?

    06/21/2012 11:36:53 PM PDT · by neverdem · 48 replies ^ | 20 Jun 2012 | Shelly K. Schwartz
    It may not pique the public’s interest quite like finance or information technology, but it just could just save the U.S. economy. Indeed, the natural gas industry supports some 2.8 million jobs — either directly through companies engaged in exploration and drilling or indirectly through manufacturers that use the fuel as a raw material, according to the American Gas Association. The real potential for economic impact, however, lies in the vast reservoirs of shale gas that are newly accessible through hydraulic fracturing. Better known as “fracking,” the process involves extracting natural gas from shale rock layers deep within the Earth...
  • ExxonMobil set to begin Point Thomson construction {Alaska}

    06/19/2012 10:42:36 AM PDT · by thackney · 2 replies
    Alaska Journal of Commerce ^ | Jun 14, 2012 | TIM BRADNER
    ExxonMobil Corp. is set to begin construction this winter on its multi-billion-dollar gas cycling and condensate production project at Point Thomson on Alaska’s North Slope. That’s if a federal environmental impact statement, or EIS, is finalized by the U.S. Army Corps of Engineers, as is expected, ExxonMobil’s senior project manager Lee Bruce said. Materials for Point Thomson construction also started arriving at Seward the night of June 12, Bruce said. The company presented its plans to legislators at a meeting of the Senate Judiciary Committee in Anchorage June 12. The lineup of contractors on the project is like a “who’s...
  • USGS Releases New Estimates for Global O&G Reserves

    06/19/2012 5:22:58 AM PDT · by thackney · 16 replies
    Rig Zone ^ | June 18, 2012 | U.S. Geological Survey|
    The U.S. Geological Survey has released a new global estimate for potential additions to oil and gas reserves due to reserve growth in discovered fields outside the United States. The USGS estimates that the mean undiscovered, conventional reserve additions in the world total 665 billion barrels of oil (bbo), 1,429 trillion cubic feet (tcf) of natural gas, and 16 billion barrels of natural gas liquids. These volumes constitute a significant portion of the world’s oil and gas resources and represent an estimate of the potential future growth of current global reserve estimates over time based on better assessment methodology, new...
  • Study discounts fracking as earthquake cause

    06/18/2012 9:28:57 AM PDT · by thackney · 12 replies
    Reuters via Calgary Herald ^ | JUNE 16, 2012 | AYESHA RASCOE
    The fracking drilling technique used to tap shale oil and gas is unlikely to trigger earthquakes, but underground injection of wastewater from drilling offers more risks for seismic activity, a new U.S. study said Friday. The National Research Council study, which also examined the risk of earth-quakes associated with tap-ping geothermal energy and carbon capture and storage, found the total balance of fluid injected or removed underground was the biggest factor in causing earthquakes related to energy development. "Although induced seismic events associated with these energy technologies have not resulted in loss of life or significant damage in the United...
  • Lisa Jackson Blames Cheap Natural Gas for EPA’s Job-Killing Policies

    06/15/2012 10:34:17 AM PDT · by 92nina · 7 replies
    ATR ^ | 2012-06-14 | Lisa Jackson
    In a recent interview with The Guardian, EPA Administrator Lisa Jackson, stated that it is not her policies that are driving coal-fired power plants out of business, but rather organic changes in the American electricity market. Scapegoating natural gas, Jackson claims that low natural-gas prices and booming gas production are depressing coal consumption. But what Jackson fails to mention is that explicitly due to the EPA’s stringent regulations that some coal production is now non-econommical. The price coal-fired power plants would have to pay to comply with new, burdensome regulations is so expensive, that many coal mines are forced to...
  • Green Welfare, Green Taxes, Green Poverty

    06/14/2012 5:30:53 PM PDT · by CedarDave · 4 replies
    The American Spectator ^ | June 13, 2012 | Peter Ferrara
    What would you do if gangs of robbers roamed your neighborhood at night, breaking into your neighbors' houses and stealing their family jewels and life savings? You would arm yourself to defend your property. Or you would move to a safer neighborhood. But if the robbers formed gangs called Greenpeace, the Sierra Club, or the Natural Resources Defense Fund, and assaulted your standard of living, the Che Guevara Democrats expect you to greet them with open arms, and gleefully turn over bushels of your cash, until your life savings is gone, and your standard of living has been reduced to...
  • US could outproduce Russia, Saudi Arabia in oil and gas

    06/13/2012 5:08:21 AM PDT · by george76 · 16 replies
    AFP - ^ | 13 June 2012
    The United States is seeing a dramatic surge in oil and gas production and could overtake the world's biggest producers, Russia and Saudi Arabia, in another decade, a US official said. "Some of the numbers are eye-popping," Daniel Sullivan, commissioner in Alaska's department of natural resources, told a panel of experts at the International Economic Forum of the Americas in Montreal. In the last quarter the US produced six million barrels of conventional and unconventional oil a day, he said, adding: "We haven't done that in 15 years." Since 2008, the US added 1.6 million barrels of additional oil, and...
  • Global LNG supplies to remain tight through 2015

    06/12/2012 2:22:13 PM PDT · by thackney · 3 replies
    Reuters via Calgary Herald ^ | JUNE 12, 201 | REBEKAH KEBEDE
    Global liquefied natural gas markets will tighten and prices likely increase over the next two to three years as supplies rise more slowly than appetite from a growing number of importers, industry leaders said at an event this week. Consumers will pay the price for delays to investment decisions during the global financial crisis, with few new projects scheduled to start exporting until 2015. “We do think the market will be tight in the medium term. It will be 2015 at the earliest before you see material new supply coming into the market and even those are exposed to the...
  • EPA Official Showers Love on Anti-Fossil Fuel Activists

    06/08/2012 10:39:22 AM PDT · by jazusamo · 7 replies
    National Legal & Policy Center ^ | June 8, 2012 | Paul Chesser
    As President Obama’s Environmental Protection Agency continues to receive much-needed scrutiny as it conducts its reign of terror (“crucifying”) on fossil fuel industries, yet another renegade regional administrator has been shown in full alliance with environmental extremists in pursuit of regulations to kill oil and coal. Natural gas isn't far down the hit list. This time it’s Region 5 Administrator Susan Hedman, a veteran attorney who has litigated environmental cases as part of the University of Maryland Environmental Law Center, as counsel for the Environmental Law and Policy Center, and as senior assistant attorney general in the Illinois Attorney...
  • Exxon Evaluating Gas Exports From Gulf, Canada[Natural Gas]

    06/05/2012 11:20:41 AM PDT · by Theoria · 1 replies
    WSJ ^ | 30 May 2012 | ISABEL ORDONEZ
    Exxon Mobil Corp. is studying the possibility of exporting natural gas from the U.S. Gulf Coast and Canada as new shale drilling has unlocked enough natural-gas reserves to meet domestic demand for years to come and allow exports, Chief Executive Rex Tillerson said Wednesday. Exports of natural gas will create jobs, increase tax revenues and help the U.S. trade balance, Mr. Tillerson said at the company's shareholder meeting in Dallas. Exxon Mobil, the world's largest publicly traded oil company and the largest U.S. natural-gas producer, recently has said it was analyzing exports from domestically produced natural gas. Mr. Tillerson's remarks...
  • Caterpillar, Westport Team For Natural Gas Engines

    06/05/2012 9:27:54 AM PDT · by shove_it · 10 replies ^ | 5 Jun 2012 | REINHARDT KRAUSE
    Earth-moving equipment maker Caterpillar (CAT) said it plans to develop natural gas engines for mining trucks and off-road machines with Westport Innovations (WPRT). Commercial production is expected to begin in about five years, the companies said. Westport Innovations shares were up 18.2% in early trading Tuesday to 26.32. Caterpillar shares were up 0.9% to 84, but are still down 7% for the year. Caterpillar will fund the project. Progress Rail Services, a subsidiary of Caterpillar, plans to build natural-gas powered locomotives. Westport says it will sell engine components. ~snip~
  • The Future of Natural Gas - An Interview with Raymond Learsy

    06/04/2012 10:09:14 AM PDT · by bananaman22 · 6 replies ^ | 05/31/2012 | Daniel Graeber
    Massive natural gas discoveries along with new extraction techniques have led many to claim nat gas as the fuel of the future – which could ensure U.S. energy independence, reduce geopolitical risks, and help meet U.S. electricity demands for the next 575 years. Yet why have we seen so many negative publications and reports? Does natural gas really have a place in our future and is it the golden chalice we have been led to believe? To help us investigate these issues and others we were fortunate enough to have a chat with the well known author and energy trader...
  • Shale gas could spark U.S. manufacturing revival

    06/04/2012 7:39:37 AM PDT · by thackney · 11 replies
    Fuel Fix ^ | une 4, 2012 | Dan X. McGraw
    The natural gas drilling boom spreading across the U.S. could spark a revival in U.S. manufacturing and may lead to more than 1 million jobs by 2025, according to a group of economists. Robert McCutcheon, an economist with consulting group PwC, said at a manufacturing summit in Cleveland that natural gas could provide manufacturing companies a cheap source of energy that ultimately could save them $11.5 billion in energy costs by 2025. “If we save $11.5 billion, that’s investment capital that could be redirected elsewhere,” he said. A study by PriceWaterhouseCoopers found low-cost energy could create as many 1 million...
  • Exxon planning multibillion expansion in Baytown {Petrochem, ethylene}

    06/02/2012 9:06:47 AM PDT · by thackney · 4 replies
    Fuel Fix ^ | June 1, 2012 | Laura Goldberg
    Exxon Mobil Corp. is planning a multibillion-dollar petrochemical expansion at its Baytown complex to take advantage of the country’s increasing supplies of natural gas. “The proposed investment reflects Exxon Mobil’s continued confidence in the natural gas-driven revitalization of the U.S. chemical industry,” the company said in a statement. The project would include a new ethane unit, which would provide ethylene feedstock for two new polyethylene production lines at the company’s nearby Mont Belvieu plastics plant. Polyethylene is used in a wide variety of consumer and industrial products. Exxon Mobil joins other petrochemicals producers that have announced natural gas-fueled expansion plans...
  • Ad campaign uses dead presidents to make nat gas pitch

    05/31/2012 5:04:41 AM PDT · by thackney
    Fuel Fix ^ | May 31, 2012 | Jennifer A. Dlouhy
    The ghosts of dead presidents will be coming soon to Houston movie theaters. The appearance of former presidents John F. Kennedy, Lyndon Johnson, Richard Nixon, Dwight D. Eisenhower and Ronald Reagan before summer blockbusters comes courtesy of a new campaign by the American Clean Skies Foundation, a natural gas advocacy group. In ads running in Landmark Theaters in Houston, New York City, Los Angeles and Washington, D.C., the group uses old footage of the presidents giving historic speeches at pivotal moments to highlight President Barack Obama’s decision to tout a 100-year supply of natural gas during his 2012 State of...
  • Shale boom at risk over environmental issues - IEA

    05/30/2012 7:22:12 AM PDT · by thackney · 27 replies
    Dow Jones via Hydrocarbon Processing ^ | 05.29.2012 | JAMES HERRON
    Global exploitation of shale gas reserves could transform the world's energy supply by lowering prices, improving security and even curbing forecast carbon dioxide emissions, but the industry might be stopped in its tracks if it doesn't work harder to resolve concerns over its environmental safety, the International Energy Agency (IEA) said Tuesday. The IEA's report shows how the shale gas industry, which has already dramatically altered the energy landscape in the US, stands at a tipping point that will determine how it spreads across the rest of the world. "If the social and environmental impacts aren't addressed properly, there is...
  • Marcellus Shale Job Program Turns Unskilled Into Shale Workers

    05/25/2012 1:32:46 PM PDT · by thackney · 15 replies
    Dow Jones via Rig Zone ^ | May 25, 2012 | Isabel Ordonez |
    Professor Byron Kohut helps hundreds of low-income adults land coveted jobs in the booming shale-gas industry in Pennsylvania. But only the tough need apply, he said. "If they are not physically capable of working outside, in bad weather, dangerous conditions, I scare them out of drilling," said Kohut, who coordinates a natural-gas job-training course at Westmoreland County Community College, about 40 miles southwest of Pittsburgh. "It's not easy work," Kohut said, adding that people with backgrounds in agriculture, construction and mechanics have a better shot at getting in. The community college's course, part of a workforce-development program funded by a...
  • Eagle Ford Shale’s has had profound impact on Texas

    05/25/2012 12:04:20 PM PDT · by thackney · 14 replies
    Fuel Fix ^ | May 25, 2012 | Dan X. McGraw
    The Eagle Ford shale drilling boom has boosted wages and job growth, and the increased drilling in 23 South Texas counties will likely have a continued impact on the state, according to a new report by the Federal Reserve Bank of Dallas. According to the report released this week, the drilling boom has increased wages by more than 14 percent, job growth rose by nearly 6 percent and retail sales jumped 9.3 percent in 23 South Texas counties. Live Oak and McMullen counties, which sit directly above natural gas liquids and oil deposits, benefited the most from the drilling boom,...
  • Volvo Unveils 13-Liter Natural Gas Engine for North American Market

    05/22/2012 1:43:00 PM PDT · by Red Badger · 48 replies ^ | Published May 22, 2012 | By Philippe Crowe
    Volvo Trucks unveiled last week its plans to launch a 13-liter heavy-duty natural gas engine featuring Westport high pressure direct injection (HPDI) technology. The engine, marketed under the “Blue Power” designation, is scheduled to launch for the North American market in 2014. The engine’s advanced high pressure diesel ignition technology will provide significant fuel efficiency gains compared with current natural gas products. Combined with the company’s previously announced offering of compressed natural gas (CNG)-powered Volvo VNM and VNL model daycabs, the new engine will provide customers with a complete range of natural gas-powered transportation solutions. Volvo is also testing another...
  • Where in the World is Westport™ WiNG?

    05/21/2012 8:05:08 AM PDT · by Triple · 13 replies
    Sacramento Bee ^ | 5/21/2012 | Westport
    PLYMOUTH, MI, May 21, 2012 /PRNewswire/ - Westport Innovations Inc. (TSX:WPT / NASDAQ:WPRT), the global leader in natural gas engines, is taking its first natural gas pick-up truck on a road trip across the Eastern USA this week, from May 21 to 24. Driving entirely on compressed natural gas (CNG), a team from Westport Innovations will make the 700 mile drive in the brand new Westport™ WiNG powered bi-fuel Ford F-250 Super Duty truck. During stops in Cleveland, OH; Canton, OH; Pittsburgh, PA; and Pottstown, PA; the public will have the chance to view and drive this low carbon fuel...
  • Excelerate Unveils US Floating Liquefaction Plans {LNG for export}

    05/17/2012 9:03:18 AM PDT · by thackney · 3 replies
    Downstream Today ^ | May 15, 2012 | Excelerate Energy
    Excelerate Energy L.P. is moving forward with the development of the first floating liquefaction facility in the United States utilizing its Floating Liquefaction Storage Offloading vessel (FLSO) technology. The Lavaca Bay LNG project will be located in Port Lavaca, situated between Galveston and Corpus Christi on the Texas Gulf Coast, and will be designed to export liquefied natural gas (LNG) to markets worldwide by 2017. Excelerate Energy's FLSO comprises 3 million tonnes per annum (MTPA) of production capacity, 250,000 cubic meters (m3) of LNG storage, and a fully integrated gas processing plant. With this gas processing capability, the FLSO can...
  • Experts deliver another round of Eagle Ford bullishness {South Texas oil/gas}

    05/17/2012 5:12:45 AM PDT · by thackney · 21 replies
    Fuel Fix ^ | May 17, 2012 | Dan X. McGraw
    The development of the Eagle Ford shale continues to prompt dazzling assessments and predictions from experts, who said at an energy symposium Wednesday that in four years, the oil-rich formation could become the nation’s second-most productive shale play. Production in the Eagle Ford could reach 1 million barrels a day by 2016, said Trevor Sloan, director of energy research at ITG Investment Research in Calgary, Alberta. “So the growth rate out of there would be pretty spectacular,” he said. But before production can reach that level, some problems have to be solved. About 1,400 Eagle Ford wells are waiting to...
  • Vt. becomes 1st state to ban hydraulic fracturing

    05/17/2012 5:01:58 AM PDT · by thackney · 44 replies
    Fuel Fix ^ | May 17, 2012 | Associated Press
    Gov. Peter Shumlin on Wednesday signed into law the nation’s first ban on a hotly debated natural gas drilling technique that involves blasting chemical-laced water deep into the ground. The Democrat, surrounded at a Statehouse ceremony by environmentalists and Twinfield Union School students who pushed for the ban, said the law may help Vermont set an example for other states. The ban may be largely symbolic, though, because there is believed to be little to no natural gas or oil beneath the surface in Vermont. The gas drilling technique, called hydraulic fracturing, or fracking, involves the high-pressure injection of water...
  • LNG Exports: To Cap or Not to Cap?

    05/16/2012 8:51:20 AM PDT · by thackney · 9 replies
    Downstream Today ^ | May 16, 2012 | Matthew V. Veazey
    The drive to export liquefied natural gas (LNG) exports from the U.S. has raised concerns from the petrochemicals industry, which plans to invest more than $16 billion in new domestic manufacturing capacity based on abundant, cheap feedstocks from natural gas. The American Chemistry Council has predicted these investments could create more than 200,000 new U.S. jobs. However, the petrochemicals sector fears that LNG exports would mean higher natural gas prices and diminish the global competitiveness of manufacturing ethylene and other building blocks as well as their derivatives in the U.S. A high-profile chemicals industry leader who has urged caution on...
  • 'Frenetic' US Midstream Pace Could Be Pipeline to Higher NG Prices

    05/16/2012 8:49:41 AM PDT · by thackney · 2 replies
    Rig Zone ^ | May 16, 2012 | Matthew V. Veazey|
    As new data from the U.S. Energy Information Administration (EIA) show, the race is on to add new domestic natural gas transmission pipeline and storage capacity. Surging production from inland shale gas and tight sand basins is contributing to this demand for new capacity. "Shale gas is creating a big stress on the U.S. pipeline spider web," said Chris Faulkner, CEO of Breitling Oil and Gas. The Dallas-based exploration and production company operates in the Haynesville, Eagle Ford, Marcellus and Granite Wash shale plays. "With shale gas impacting supply as a 47-percent component by 2035, I believe the current state...
  • Obama challenges oil companies to drill existing leases

    05/16/2012 5:23:43 AM PDT · by thackney · 27 replies
    Fuel Fix ^ | May 15, 2012 | Jennifer A. Dlouhy
    The White House on Tuesday pushed back against the oil and gas industry’s claims that the Obama administration is blocking domestic energy development, releasing a new analysis showing that 46 million acres of federal lands and waters leased for drilling are sitting idle. According to the Department of Interior report, oil and gas companies are actively drilling or have launched development on less than a third of the 36 million acres they have leased offshore, and on just over half of their onshore leases. That includes leases where the companies have not yet filed exploration and development plans with the...
  • Sick From Fracking? Doctors, Patients Seek Answers

    05/16/2012 3:05:20 AM PDT · by Ultra Sonic 007 · 96 replies
    NPR ^ | 05/15/2012 | Rob Stein
    Kay Allen had just started work, and everything seemed quiet at the Cornerstone Care community health clinic in Burgettstown, Pa. But things didn't stay quiet for long. "All the girls, they were yelling at me in the back, 'You gotta come out here quick. You gotta come out here quick,' " said Allen, 59, a nurse from Weirton, W.Va. Allen rushed out front and knew right away what all the yelling was about. The whole place reeked — like someone had spilled a giant bottle of nail polish remover. "I told everybody to get outside and get fresh air. So...
  • Oil Companies Drawn To 'Frac Sand'

    05/14/2012 12:58:42 PM PDT · by thackney · 10 replies
    Dow Jones via Rig Zone ^ | May 14, 2012 | Isabel Ordonez
    This tiny corner of Texas Hill Country doesn't have oil or gas riches, but it does hold vast deposits of a granular commodity highly-coveted by energy companies: sand. As the use of the drilling technique known as hydraulic fracturing has skyrocketed in the U.S. amid the shale boom, demand for so-called "frac sand" has also increased dramatically. Demand for sand is so acute that some large oil and gas producers, such as EOG Resources Inc. and Pioneer Natural Resources Co., have taken the unusual step of buying their own sand plants in order to secure long-term supplies and try to...
  • CO anti-fracking group hopes New York Times ad wins first lady’s support

    05/13/2012 6:40:22 PM PDT · by AmonAmarth · 28 replies
    FOX 31 ^ | May 13, 2012 | Richard J. Ortner
    In a full-page advertisement in Saturday’s New York Times, Mrs. Obama was asked to help hit the pause button on the controversial oil and gas drilling procedure. The ad, sponsored by the group “The Mother’s Project,” was co-signed by several Colorado groups, including ones in Green Valley Ranch and Aurora. Janet Damon of “Green Valley Ranch Families Against Fracking” said she hopes national leaders “from our First Lady Obama to our President to the wives of other congressmen would look and say this is something no mother should have to worry about.” Damon and Sonia Skakich-Scrima of “What the Frack?!...
  • Waste Management adding cleaner, natural-gas vehicles

    05/11/2012 12:45:14 PM PDT · by thackney · 13 replies
    Fuel Fix ^ | May 11, 2012 | Zain Shauk
    The iconic rumbling garbage truck may have met its match: natural gas. Waste Management on Friday will announce it is pushing forward on a nationwide plan to convert all of its 18,342 trucks from loud and smoky diesel engines to quieter and cleaner compressed natural gas-powered machines. The latest destination for the company’s CNG trucks will be the Houston area, starting at a facility in Conroe where 80 trucks will be able to refuel with gas overnight. The Houston-based refuse collection giant is the latest in a line of major corporations, including UPS and AT&T, to expand their use of...
  • Interior Approves Anadarko's Uinta Basin Project

    05/09/2012 7:22:08 PM PDT · by Rabin · 5 replies
    Rigzone ^ | Tuesday, May 08, 2012 | Karen Boman
    Secretary of the Interior Salazar, on Tuesday signed the Record of Decision, for Anadarko Petroleum Corp.'s proposed Greater Natural Buttes project, in which up to 3,675 new gas wells could be developed in the existing gas producing area of Uintah County, Utah over a 10-year period. "The President is (after 3 years is) focused on expanding production of natural gas as ... cheaper and full of new jobs," said Salazar. Southern Utah Wilderness Alliance, praised the agreement. "We appreciate Anadarko's willingness to meet with us, listen to our concerns, and adjust its project to eliminate and mitigate impacts,"
  • Newly independent ConocoPhillips will expand in North America, CEO says

    05/10/2012 5:31:38 AM PDT · by thackney · 30 replies
    Fuel Fix ^ | May 9, 2012 | Simone Sebastian
    In ConocoPhillips’ first shareholders meting since it unhitched its refinery business, new CEO Ryan Lance said he’s focused on further expanding the company’s position in North American shale and other unconventional fossil fuels. Much of the $15 billion Lance plans to funnel into capital spending each year will target oil and natural gas operations in the United States and Canada. The Eagle Ford shale in south Texas, the Permian Basin in West Texas and the Bakken shale in North Dakota will be growth priorities, he said. “With the land ownership and the infrastructure that we have in the United States,...
  • "Take a Common-sense Approach to Energy"

    05/10/2012 5:14:55 AM PDT · by Aspenhuskerette · 3 replies
    The Aspen Times ^ | May 10, 2012 | Melanie Sturm
    As if accompanying Dorothy en route to the Emerald City of Oz, Americans seek a green wizard to fulfill our hearts' desires — a world powered by renewable energies like solar, wind and biofuels. Bedazzled by Glenda the Good Witch's solar-powered ruby slippers, we want the green-brick road to lead us to a cleaner energy future. However, without Auntie Em to awaken us to reality, Americans must Think Again. Though cast as the Wicked Witch of the West, over the past decade the conventional energy industry has revolutionized America's energy outlook. Today we're the most energy-endowed nation in the world,...
  • Obama's Soros-Controlled Energy Council

    05/10/2012 4:02:29 AM PDT · by Kaslin ^ | May 10, 2012 | Ken Blackwell
    When politicians want to look busy while avoiding tough decisions during an election year, what do they do? They form commissions and councils. And when President Barack Obama saw Americans struggling with higher gasoline and home energy prices, did he encourage more domestic oil exploration, off-shore drilling, or coal production, while lowering taxes on energy? Of course not. After all, with political observers expecting a close presidential race this year, Obama needs the financial and institutional support far-left environmental groups. The result has been the President anointing certain energy sources - such as wind and natural gas - as energies...
  • Federal energy policy? Be careful what you wish for

    05/05/2012 7:09:11 AM PDT · by Oldeconomybuyer · 4 replies
    Salem News (OH) ^ | May 5, 2012 | Editorial
    Last month President Barack Obama signed an executive order that could lead to more federal rules on gas drilling. Obama said it is important to take advantage of natural gas resources, but he added air and water quality must be safeguarded. Of course. But what Obama did last week was to establish a "working group" to coordinate federal oversight of the natural gas industry. It will be headed by Heather Zichal, who is deputy assistant to the president for energy and climate change. Zichal is no friend of fossil fuels. She once worked with the Sierra Club and was an...
  • US to issue sweeping fracking rules on federal land

    05/04/2012 8:51:57 AM PDT · by CedarDave · 11 replies
    My Fox NY ^ | May 4, 2012 | The Wall Street Journal
    The Obama administration will soon issue sweeping new environmental safety rules for hydraulic fracturing on federal land, setting a new standard that natural gas wells on all lands eventually could follow. The rules, which are likely to be unveiled by the Interior Department within days, are designed to address concerns that the method of extracting natural gas known as "fracking" can contaminate groundwater. Among other things, they create new guidelines for constructing wells and treating waste water, according to a draft of the proposed rules reviewed by The Wall Street Journal. ~~snip~~The fracking rules apply to natural gas drilling on...
  • Politics muddy debate over hydraulic fracturing risks

    05/04/2012 9:08:37 AM PDT · by CedarDave · 2 replies
    Drilling Contractor ^ | May 4, 2011 | Diane Langley
    Besides exploring for and producing energy resources, the energy industry is tasked with debunking myths and clarifying techniques used in hydraulic fracturing. ... According to proponents of hydraulic fracturing, the facts surrounding chemical use are clear – water and sand comprise the majority of the mixture used. The remaining components used to deliver the water down the wellbore and position the sand in fractures created in the formation – while they can probably be found in the kitchen cupboard – are proprietary ingredients. ~~snip~~“This is really a debate on a much larger scale; it has a bearing on the future...
  • New Study Predicts Frack Fluids Can Migrate To Aquifers Within Years

    05/02/2012 6:30:45 AM PDT · by Erik Latranyi · 43 replies
    OPB News ^ | 1 May 2012 | Abrahm Lustgarten
    A new study has raised fresh concerns about the safety of gas drilling in the Marcellus Shale, concluding that fracking chemicals injected into the ground could migrate toward drinking water supplies far more quickly than experts have previously predicted. More than 5,000 wells were drilled in the Marcellus between mid-2009 and mid-2010, according to the study, which was published in the journal Ground Water two weeks ago. Operators inject up to 4 million gallons of fluid, under more than 10,000 pounds of pressure, to drill and frack each well. Scientists have theorized that impermeable layers of rock would keep the...
  • Debunking fracking myths(hydraulic fracturing for oil & natural gas)

    04/28/2012 4:47:17 AM PDT · by Las Vegas Dave · 7 replies ^ | Apr 09, 2012 | Robert W. Chase
    Fracking, a slang term for hydraulic fracturing, is a mining procedure that fractures rocks by injecting fluids and sand into cracks to force them apart, making it easier to extract oil and natural gas. Some say it can pollute drinking water and farm lands and even lead to earthquakes. But Robert W. Chase, professor and chairman of the Dept. of Petroleum Engineering and Geology at Marietta College (Ohio), believes otherwise. In fact, he took the time to shed some light on recent myths about fracking that have sprung up. Myth No. 1: Fracking could contaminate aquifers that supply drinking water....
  • Gas boom may stop at coast of Maryland

    04/27/2012 7:39:53 PM PDT · by Tolerance Sucks Rocks · 23 replies
    The Washington Times ^ | April 26, 2012 | Ben Wolfgang
    Cove Point in Southern Maryland has become the latest flash point in the fight between the fossil fuels industry and its longtime foes in the environmental movement. Citing a unique Carter-era agreement, the Sierra Club says it will veto plans by energy giant Dominion to build the first natural gas liquefaction and export facility on the East Coast, a site that would handle booming supplies from the Marcellus Shale and other vast deposits for shipment to Asia and elsewhere. The 1970s legal settlement, the Sierra Club argues, gives it the authority to halt any project that would “change the footprint”...