FuelFix by: Collin Eaton For the lenders that bankrolled the shale boom, the oil-market crash may leave as much financial wreckage behind as the devastating telecom bust in the early 2000s, Moody’s Investors Service said. On average, banks and bond investors have recovered only about $1 of every $5 they poured into the U.S. oil […]
Read MoreHow does the growth of the gas industry compare to booms in other industries?
Gary E. Slagel – Steptoe & Johnson PLLC Government Relations Coordinator – PA
Read MoreWhat is Pennsylvania’s impact on the gas industry ?
Gary E. Slagel – Steptoe & Johnson PLLC Government Relations Coordinator – PA
Read MoreState Rep. Kate Harper proposes shale tax to fund teacher retirements
Montgomery News By Linda Finarelli MONTGOMERY COUNTY >> A bill by a local legislator to enact a severance tax on natural gas drilling was aired before the House Environmental Resources and Energy Committee Feb. 8, but no committee vote has been taken to date. HB 82, sponsored by state Rep. Kate Harper, R-61, calls for […]
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Forget OPEC — the next big energy story is the US election
Business Insider by: Elena Holodny All eyes have been glued on Saudi Arabia, Iran, and other major OPEC and non-OPEC producers amid lower oil. But there’s a big energy story that folks are missing. And it’s much closer to home. “There’s another big story out there as well, which is the US presidential election,” Eurasia Group CEO Robert Johnston told Business […]
Read MoreLNG Looks To Have A Bright Future As A Domestic Marine Fuel
The historic conundrum of developing Liquefied Natural Gas (LNG) as a marine fuel has a chicken versus egg element to it. Vessel operators interested in LNG are hesitant to make the commitment to build and/or convert ships to LNG without a guaranteed fuel supply. There is plenty of capital willing to build LNG liquefaction facilities, […]
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Antero to drill first Utica well in West Virginia in 2015
The Exponent Telegram by Jeremiah Shelor CLARKSBURG — Antero Resources will drill its first Utica natural gas well in West Virginia in the third quarter of 2015, the company announced this week in a presentation to investors. Al Schopp, Antero’s chief administrative officer and regional vice president, said the Utica well will be drilled in […]
Read MoreNatural Gas Overtakes Coal For First Time Ever As Biggest U.S. Electricity Source
For the first time ever, natural gas has overtaken coal as the primary source of U.S. electric power generation earlier this year. For years this milestone has been in the making, as the price of gas has fallen, and new regulations have increasingly made coal riskier for power generators, and the power gen industry switches […]
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California farms are using drilling wastewater to grow crops
By Bloomberg California’s epic drought is pushing Big Oil to solve a problem it’s struggled with for decades: what to do with the billions of gallons of wastewater that gush out of wells every year. Golden State drillers have pumped much of that liquid back underground into disposal wells. Now, amid a four-year dry spell, […]
Read MoreTom Wolf’s Severance Tax Political Disaster Part II
naturalgasnow.org by Charles A. Schliebs Rather than the Wolf Administration reaching out to the industry to create a solution to the severance tax issue that can appropriately provide funding to the state and its future budgets in a fair and reasonable manner (as suggested in our last issue), for some inexplicable reason, the Wolf Administration not […]
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