Marcellus & Utica Shale Story Links: Tue, May 22, 2012

The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading:

Port Authority may play role in shale gas industry
The Western Reserve Port Authority, along with officials throughout the Mahoning Valley, must be ready to attract employers tied to the area’s budding natural gas industry, two real estate experts said Monday.

Energy jobs await science students
Pittsburgh Tribune-Review
Greensburg Salem senior Parker Jorgensen, who wants to become an engineer, learned on Monday about the wide range of opportunities in the energy sector for those in his prospective field, especially with the boom in the region’s natural gas industry.

Chesapeake: Asset Sales Galore Coming
Motley Fool
Despite having some of the best assets in the natural gas business, Chesapeake Energy (NYSE: CHK) has become the poster child for the type of company that investors should give a wide berth.

Shale Glut Means $1-A-Gallon Savings At The Pump
Chad Porter wants to run his 18- wheeler trucks on frozen natural gas across Canada’s Rocky mountains even before the world’s longest chain of refueling stations gets built to keep them fueled.

Utica Shale Pipeline Network Begins to Take Shape
The Business Journal
What’s happening here foreshadows what’s likely to occur in the next two to three years in Columbiana, Mahoning and Trumbull counties as energy and pipeline companies step up exploration and infrastructure development in the liquids-rich Utica shale.

Fracking Is Misunderstood, It’s The Key To Energy Self-Sufficiency
An oil drilling rig is seen September 29, 2010 near Ray, North Dakota. The well is being drilled into the Bakken Formation, one of the largest contiguous deposits of oil and natural gas in the United States.

TransCanada looks to determine shipper interest in ANR expansion
TransCanada Pipelines on Monday began a non-binding open season to gauge shipper interest in proposed changes to its ANR system that are designed to move natural gas production from the Marcellus and Utica shales to premium markets.

Where the Shale Gas Revolution Came From
The ongoing shale gas boom has expanded domestic energy production, pushed wholesale electricity prices to record lows, and accelerated the closure of America’s aging coal plant fleet, lowering national power-sector carbon emissions.

Reliance Industries not so bullish on its Shale Gas business: Report
Economic Times
In 2010 RIL had entered into three joint ventures (JVs) in the US shale gas assets. These were the JVs with Chevron and Carrizo in Marcellus shale play of Pennsylvania and Pioneer Natural Resources in Eagle Ford shale Play of South Texas.

Ohio legislators need to fix fracking law: editorial
The Plain Dealer
The Ohio House needs to fix obvious shortcomings in SB 315 to ensure transparency and oversight in the fracking boom.

Licking County officials wary of – fracking’ problems
The Columbus Dispatch
A large pump draws water through a hose from the North Fork of the Licking River and sends it to the Devon Energy "fracking" well outside Utica, Ohio, in Knox County.