Marcellus & Utica Shale Story Links: Mon, Feb 11, 2013

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

New York

Binghamton Mayor Ryan cameos in anti-fracking music video
Binghamton Press & Sun-Bulletin
No stranger to the anti-hydrofracking movement, Binghamton Mayor Matthew T. Ryan has railed against natural gas drilling at rallies, in news conferences at City Hall and on national radio programs. His latest effort involves a genre seldom explored by politicians: a music video.

Yoko Ono Sends Message to Governor Cuomo on Natural Gas (must watch video!)
Energy in Depth – NMI
Yoko Ono sends a message to Governor Cuomo on natural gas, seen here blended with another popular video from this woman with the strange clothing line. It reveals the total absurdity of New York State politics where political correctness trumps science and facts.

The Sustainable Markets Foundation Wheel of Fortune
Energy in Depth – NMI
The Sustainable Markets Foundation is behind much of the supposedly organic opposition to natural gas development in upstate New York and is using money from the Park Foundation and the Rockefellers to fund the effort with management and coordinative help from Walter Hang.

Rebuilding New York’s Economy: Can Fracking Be An Answer?
WGRZ-TV Buffalo
The problem is the years-long economic decline of New York’s Southern Tier, an area once known for its strength in manufacturing and agriculture.


Blitz Comes To Belmont
Wheeling News
They may have little in common with the “forty-niners” who invaded California more than 150 years ago, but the abstractors and drillers pouring into Belmont County have led some to believe a modern-day Gold Rush of sorts is under way.

Local shale gas boom benefits Ariel Corp.
Columbus Dispatch
For decades, Ariel Corp. had a long-distance relationship with the natural-gas industry, shipping heavy-duty compressors to Texas, Canada and beyond. Lately, though, the development of Ohio shale gas means the company is seeing rapid growth close to home.

Kasich pushes ahead with ‘frack’ tax
The News-Messenger
The severance tax in Gov. John Kasich’s proposal effectively would transfer more than $920 million through fiscal year 2017 from oil and gas producers to every other income taxpayer in the state, especially small businesses.


Drilling Dollars
Times Observer
While Act 13 money fees from shale gas development haven’t been a windfall for Warren County, decisions still must be made regarding how the money received will be spent.

ShaleNET: Government-funded program helps job-seekers find work in energy industry
One student was a homeless man with welding experience who slept in a tent throughout training. Two were brothers from the state of Indiana who drove to Pennsylvania and stayed in a motel room for four weeks. Another was a veteran just home from being stationed in Korea.


Gas price recovery not imminent, but looming, analysts say
SNL Financial
Talking about $6 and $7 gas may seem about as far-fetched as $2 gas sounded back in 2008, but a few industry observers and analysts are turning their attention to a price recovery that may not be too far off.

Wyden: ‘fracking’ rule must include public safeguards
The Hill
A hydraulic fracturing rule being revised by the Obama administration should include measures to protect public health and the environment, Sen. Ron Wyden said Thursday.

A Surprising Winner From the Natural Gas Boom
Motley Fool
One subsector within the energy industry has actually benefited handsomely from the depressed state of the natural gas market – the refiners.

Why I’m Still Uneasy About Chesapeake Energy
Seeking Alpha
McClendon is out. Finally, in late January, Chesapeake (CHK) CEO Aubrey McClendon announced he was leaving the company effective April. The stock was up 6% following the announcement.