Marcellus & Utica Shale Story Links: Fri, Jan 11, 2013

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

New York

Cuomo says omission of fracking in speech no big deal
Press & Sun-Bulletin
Gov. Andrew Cuomo on Thursday said no one should read into his decision not to address shale-gas drilling in his State of the State speech, pointing to the ongoing review of the technique.

Residents press Canisteo town board on hydrofracking plans
Evening Tribune
Three citizens presented questions about the Town of Canisteo’s hydrofracking plans at the board’s regular meeting Wednesday night.

New York’s Fracking Opportunity
The Heritage Foundation
Some would say there is only one choice between energy or the environment. But energy and environmental interests are often not the archenemies people make them out to be.

Preston taps choice to lead proposed Office of Energy Development
Press & Sun-Bulletin
Broome County Executive Debbie Preston on Thursday named Margaret Scarinzi, a longtime local economic development coordinator, as her choice to lead a proposed new county office devoted to energy development.

New York PSC Looking to Expand Natural Gas Services
Energy in Depth – NMI
The New York PSC is looking into expanding natural gas services in the state. Why? It’s cleaner, affordable, and available in abundant supply just over the border currently and potentially within the state in the near future.


Natural Gas: Will 2013 Goldilocks Turn Into A Bear?
Seeking Alpha (Richard Zeits)
The sheer magnitude of the decline in the U.S. gas-directed rig count since 2010 may overshadow the fact that in the past several months the E&P industry has been quietly putting rigs back to work in some of the key dry gas plays.

Should the U.S. Export Natural Gas?
US News & World Report
Unrestricted natural gas exports could have “disastrous” effects on the U.S. economy, energy industry leaders argued Thursday, warning that shipping large amounts of the nation’s newly-abundant resource would result in crippling price hikes for American consumers and manufacturers.

Natural Gas Climbs on Biggest Stockpile Drop in Almost Two Years
The Washington Post
Natural gas futures advanced for the first time in four days after a government report showed that U.S. stockpiles declined by the most in almost two years.

Chesapeake Energy fails to win over skeptics
Chesapeake Energy CEO Aubrey McClendon forfeited a few more perks, but changes the natural gas producer announced at the start of the week apparently have failed to convince skeptics its turnaround effort is moving fast enough.

Call Me Crazy, But I Think Chesapeake Energy Has Turned Over A New Leaf
Seeking Alpha (Devon Shire)
At Chesapeake Energy, the “Old Dog” is free-spending, debt-accumulating and big-living CEO Aubrey McClendon. And call me crazy, but I think this is one Old Dog who has changed his ways.

Meet the “1%” Funding Anti-Fracking Hysteria
According to a new report, the anti-fracking movement is just as well-funded by highly organized environmental groups backed by deep-pocketed liberal philanthropists and even Middle East oil money.

‘Frackademia’: How Big Gas Bought Research on Hydraulic Fracturing
Common Dreams
Last week, the oil company Chevron took out a full-page ad in the Atlantic Monthly to say – seemingly innocuously – that hydraulic fracturing, better known as fracking, needs to be “good for everyone”. It was a part of Chevron’s ubiquitous “Human Energy Campaign”, which uses “real people” to soften its corporate image and argue its case. [See MDN’s comment at the bottom of the article.]