Marcellus & Utica Shale Story Links: Mon, Apr 1, 2013
The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading:
New York
Cookin’ with gas
New York Daily News
Gov. Cuomo would be well advised to make a day trip 60 miles across the border to a booming city in Pennsylvania. Once plagued by a shrinking population and economy — like much of upstate New York — Williamsport now boasts the third-fastest-growing metropolitan economy in the country.
Stranger by the Day; Natural Gas Opponents Go Off Rails, Start Tipping Cows
Energy in Depth – NMI
The opponents of natural gas development seem to be getting stranger in their claims by the day. It appears they are being brainwashed into thinking everything under the sun occurring anywhere is a direct result of natural gas development. Want a laugh with your morning coffee?
Ohio
Ohio not part of nonbinding ‘fracking’ pact
The Columbus Dispatch
The Ohio Department of Natural Resources, which regulates drilling, said the center did not contact or consult anyone in the department.
Concerns raised about new traffic related to drilling
Portage Record-Courier
Tom and Mary Ann Painley, who live on Sheldon Road in Hiram Township in northern Portage County, are concerned about the amount of traffic from trucks bringing brine and other gas well waste to an injection well on Allyn Road.
Counties get help in shale training
Warren Tribune Chronicle
Mahoning and Columbiana counties are Ohio’s biggest beneficiaries of a federally funded on-the-job training program focused on the shale natural gas industry.
Pennsylvania
Shale gas boom pushing pipeline growth, report shows
Pittsburgh Tribune-Review
Pipeline companies spent $1.1 billion on three transmission lines running through Western Pennsylvania — projects from Dominion Resources Inc., EQT Corp. and Spectra Energy Corp.
Quality drilling: It’s time for higher standards on Marcellus Shale
Pittsburgh Post-Gazette
With the help of two foundations and strong civic leadership, an unlikely band of energy companies and environmental groups have collaborated to raise operating standards in the Marcellus Shale drilling industry for the benefit of everyone — workers, businesses and people who care about clean air and water.
Alex Epstein Comes to Pittsburgh and Talks Natural Gas
Energy in Depth – NMI
The University of Pittsburgh hosted Alex Epstein where he gave a talk about how hydraulic fracturing improves the environment. Epstein gave a refreshing view on fossil fuels and the process by which we harvest them.
4 Opportunities in Pennsylvania’s Gas Boom
The Motley Fool
Last week, the Energy Information Administration, or EIA, reported that Pennsylvania’s natural gas production climbed an astounding 69% between 2011 and 2012.
National
Chesapeake’s McClendon bids goodbye to workers
MarketWatch
Outgoing Chesapeake Energy Corp. Chief Executive Aubrey McClendon spoke to Chesapeake employees on Thursday, choking back tears and recalling how he once had to borrow money from his father to make payroll, according to a report in The Oklahoman.
Introducing DBJ’s Energy Inc. newsletter
Denver Business Journal
Introducing Energy Inc., the Denver Business Journal’s new (free) energy email newsletter. We also gather headlines from energy industry centers around the nation, and news from the Bakken, Utica and Marcellus shale plays.
Can the Natural Gas Rally Continue?
The Motley Fool
Natural gas prices are finally on the rise, having soared more than 20% so far this year. On Wednesday, gas prices closed above $4 per million BTUs for the first time since September 2011.
Could Turning Natural Gas Into Liquids Be the Next Big Thing?
The Motley Fool
There’s another way to capitalize on America’s natural gas glut: by turning gas into higher-value liquids such as diesel and jet fuel. Let’s take a closer look at this so-called gas-to-liquids, or GTL, technology, its potential, the hurdles it faces, and some of the companies investing in it.
Ignore This Pipeline Statistic
The Motley Fool
The Energy Information Administration, or EIA, announced earlier this week that there were only 367 miles of natural gas pipelines built across the U.S. last year.
Is the U.S. Too Dependent on Natural Gas for Electricity?
U.S. News & World Report
It used to be that coal was king when it came to generating the electricity needed to keep America’s lights on. Cheaper and less volatile than energy sources such as oil, coal plants sprouted up in droves following the Arab oil embargo in 1973, promising consumers inexpensive, reliable energy.
U.S. Baker Hughes Gas Rig Count Declines to Near 14-Year Low
Bloomberg
The number of gas rigs in the U.S. declined to near a 14-year low, according to Baker Hughes Inc. Gas rigs dropped by 29 to 389, while oil rigs climbed by 30 to 1,354 this week, data posted on Baker Hughes’ website show.
International
Fracking Debut Nears in Boost to Reliance, ONGC: Corporate India
Bloomberg
India will allow explorers including Oil & Natural Gas Corp. and Reliance Industries Ltd. to produce shale oil and gas for the first time as Asia’s second-biggest energy consumer seeks to cut reliance on imports.
Japan to Start World’s First LNG Futures Within Two Years
Bloomberg
Japan, the biggest buyer of liquefied natural gas, plans to list the world’s first futures contract for the supercooled fuel on the Tokyo Commodity Exchange within two years.