After two years of research and experimental drilling, Chesapeake Energy announced yesterday they have struck oil, natural gas liquids and natural gas in Ohio’s Utica Shale. This new find will boost Chesapeake’s company value by 15-20 billion dollars and is causing quite a sensation among Ohioans.
Archive for July 29th, 2011
The federal Environmental Protection Agency (EPA) yesterday released a 604-page set of rule changes that will force oil and gas drillers that use hydraulic fracturing to use new or improved processes and equipment in an attempt to cut the level of volatile organic compounds (VOCs) and other air pollutants they say are emitted during the […]
Here and there, some city municipalities in West Virginia—like Morgantown—have banned hydraulic fracturing and Marcellus shale gas drilling inside, and even outside of their borders. The latest WV city to do so is New Martinsville (Wetzel County). The West Virginia Independent Oil & Gas Association has had enough and is threatening to stop supporting local […]