Marcellus & Utica Shale Story Links: Tue, Mar 26, 2013

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

New York

Natural Gas & New York’s Backroom Boys
Energy in Depth – NMI
Robert Poloncic of the Vestal Gas Coalition discusses the supposed back room conversations on natural gas development between New York Governor Andrew Cuomo and his former brother-in-law, Robert F. Kennedy, Jr.


Belmont County drilling primed for big year
Martins Ferry Times Leader
As the company prepares to drill on acreage in the village of Barnesville, Denver-based Antero Resources plans a big year in 2013 for both Marcellus and Utica shale exploration. The $5,700 per acre and 20 percent of production royalties…

D&L Calls Ohio’s Shutdown Order ‘Gross Violation of Due Process’
NGI’s Shale Daily (requires sub. or trial access, visit this page for special MDN reader trial)
An attorney representing D&L Energy Inc. says the company will vigorously pursue its appeal before the Ohio Oil and Gas Commission, calling the Ohio Department of Natural Resources’ (ODNR) decision to shut down the company “a gross violation of due process.”


Slagel ends long career at Consol, moves down the street
Business Journal
His commute and his job remained virtually unchanged as Gary Slagel , a 35-year veteran of Consol Energy Inc. accepted the company’s early retirement offer and moved down the road to Steptoe & Johnson PLLC’s Southpointe office this month.

Krancer retreating in disgrace
O-R Online (Op-Ed by Democrat Jesse White)
As a Civil War reenactor, Michael Krancer should know a true general puts the people first, and his failure to do so has forced him to retreat from the battlefield in disgrace.

Marcellus Region Saw Lion’s Share of 2012 Pipeline Projects
NGI’s Shale Daily (requires sub. or trial access, visit this page for special MDN reader trial)
More than half of the natural gas pipeline projects that entered service were in the Northeast during 2012, a year in which overall U.S. capacity investment slowed.


Ernest Moniz And Fracking Drive Environmentalists Off Of The Rails
Many environmentalists are unhappy about President Barack Obama’s nomination of Ernest Moniz, a professor of physics and engineering at MIT, to be Secretary of Energy.

New Life for These 3 Natural Gas Producers?
Motley Fool
Natural gas prices climbed recently and with them, the stock prices of natural gas producers. In fact, natural gas prices have been steadily climbing for months. Even better, the future foretells more natural gas consumption.

Natural Gas Prices Bode Well For #2 U.S. Producer Chesapeake Energy
Seeking Alpha
Chesapeake Energy (CHK) is an oil and natural gas E & P company. It started life as a natural gas only E & P company. It was so successful at natural gas E & P that it is now the number two producer of natural gas in the US.

Natural Gas And Commercial Transportation: The Hatching Egg
Seeking Alpha
There is an unquestionably titanic movement going on in the United States as it relates to the natural gas market, and, as this movement slowly gains momentum, we are on the cusp of some very interesting times.

Fuel demand hits 20-year low for February
Fuel Fix
As other economic indicators are headed up — think housing and manufacturing — the American Petroleum Institute reported that U.S. demand for petroleum products in February hit a 20-year low for the month.