Marcellus & Utica Shale Story Links: Wed, Apr 17, 2013
The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading:
New York
Lifting the Natural Gas Curtain
Energy in Depth – NMI
What’s happening in New York State causes Bob Tiberio to reflect on the position of Commissioners Martens and Shah, who are struggling to put up a good front while their boss, Governor Andrew Cuomo, does the political dance.
Ohio
District to consider more ‘frack’ water sales
Newark Advocate
More business ties between the Muskingum Watershed Conservancy District and oil and gas extractors appear imminent. At Friday’s monthly meeting, the district’s board will discuss separate proposals to sell water from two district reservoirs to energy companies to help crack open the Utica Shale underneath much of eastern Ohio.
Labor, Business, Government Agree on Ohio Shale
Energy in Depth – Ohio
This week, Energy In Depth attended an event in Canton that would have seemed highly unlikely just one year ago. Labor groups, oil and gas industry representatives, local elected officials from both parties, and multiple chambers of commerce all came together to talk about Utica Shale development, the Keystone XL, and why both are important to Ohioans.
Pennsylvania
Atlas Pipeline pays $1B for Texas venture
Philadelphia Inquirer
Atlas Pipeline Partners L.P., an energy company with deep Philadelphia roots, became the second local firm this month to make a big investment in a booming Texas shale formation.
COLTS great candidate for gas fleet
Scranton Times-Tribune
A move by the County of Lackawanna Transit System demonstrates that the government already has control over some vehicle fleets that are among the best candidates to be fueled by natural gas.
Natural Gas: Powering Pennsylvania’s Transportation Sector
Marcellus Shale Coalition
This week the Pennsylvania House of Representatives will consider several bills, collectively known as the “Marcellus Works” package, focused on fostering CNG opportunities for consumers across the Commonwealth and a cleaner, more affordable transportation system for every Pennsylvanian.
Wyoming County Jobs Expo: Getting Better Every Year
Energy in Depth – NMI
The second annual Wyoming County Business, Jobs and Gas Expo was a huge success last week in Meshoppen, Pa., as hundreds who came out in search of jobs found companies looking to hire.
National
New emissions standards would fuel shift from coal to natural gas
Utility Products
The cost of complying with tougher EPA air-quality standards could spur an increased shift away from coal and toward natural gas for electricity generation, according to a new Duke University study.
NatGas the New Gold? Goldman Thinks So
NGI’s Shale Daily (requires paid or free trial access)
“There are weeks when decades happen,” Goldman Sachs analysts Jeffrey Currie, Damien Courvalin, Max Layton and Stefan Wieler talk about abandoning long gold positions while touting U.S. natural gas to investors.
LNG needs weighed against U.S. policy
UPI
Natural gas is becoming a commodity of choice for the energy industry but an analyst at a Houston conference said it’s a matter for lawmakers to dictate. The United States is a world leader in terms of natural gas deposits thanks in part to new extraction technologies like hydraulic fracturing and horizontal drilling.
Fracking Money
The Motley Fool
Hydraulic fracturing and the abundance of natural gas, brings money and jobs to the United States in multiple sectors and from outside of the U.S. Several companies and tangential industries are benefiting from the abundance of natural gas, and the increase in hydraulic fracturing or “fracking.”
U.S. Gas Prices May Stay Below $6 for a Decade, Trade Group Says
Bloomberg
U.S. natural gas prices may stay in a range of about $4 to $6 per million British thermal units during the next decade even if exports of the heating and power plant fuel expand, the American Gas Association said.