Marcellus & Utica Shale Story Links: Thu, Jul 12, 2012

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

Is the Recent Natural Gas Rally Enough for Chesapeake?
Motley Fool
Will the recent recovery of natural gas prices be enough to help rally Chesapeake’s stock price. Let’s examine the recent Macro changes in the oil and natural gas markets and the recent news that could explain the recent rise in Chesapeake’s stock price.

WELC Welcomes Everyone and Says “Get It Done” Now!
Energy in Depth – NMI
With over 60 people in the audience the Women’s Energy Leadership Coalition held a meeting last night in Oneonta, New York, Otsego County.

Peoples cuts natural-gas rates in quarter
Business Journal
Rates are doing down for customers of Peoples Natural Gas. The Altoona Mirror reported that from Sunday through Sept. 30, the price of gas for what is called the cost recovery rate will fall to $3.39 per thousand cubic feet compared to its current $4.13 per thousand cubic feet.

Campus drilling bill remains live issue
The Times-Tribune
A bill paving the way for natural gas drilling at the 14 state-owned universities and other unexplored state property just missed winning final passage in the marathon legislative session that produced a new state budget earlier this month.

Hundreds attend “energy summit’ in Troy
Troy Daily News
More than 300 people attended “an energy summit” sponsored by the Miami County Liberty Group at Club 55 in Troy on Tuesday.

Kasich prohibits drilling in or under Lake Erie
The Columbus Dispatch
Gov. John Kasich issued an executive order today banning oil and gas drilling in Lake Erie, doubling a protection to Ohio’s Great Lake already provided by Congress.

Horseheads Town Board Meeting Draws Many Interested in Drilling Debate
WETM-TV Elmira
Horseheads town board members continued to discuss the town’s possible ban on natural gas drilling at a meeting Wednesday night.

An Outlook for Marcellus Shale Midstream and Pipeline Companies
24/7 Wall St.
Higher demand from growing East Coast markets coupled with favorable economics even at currently low prices point to a continued boom in natural gas production from the Marcellus shale play according to a new report from Fitch Ratings.

Industry fields fracking questions
The Dominion Post
On the same day Gov. Earl Ray Tomblin announced the membership of his Natural Gas Vehicle Task Force, the industry advocacy group, Energize West Virginia with Natural Gas, held its first 2012 town hall at the Morgantown Ramada Inn.

Fractured lives along the Susquehanna: Marcellus Shale operations lead to evictions
Pittsburgh Post Gazette
In less than five months, [a mobile home] community has disappeared as residents were evicted from the park, forcing some to surrender their mobile homes.