Sierra Club Files Objection to Cove Point LNG Export Facility
The Sierra Club continues to oppose clean-burning natural gas as a “dirty” fuel. Their latest attempt to force Americans to wean themselves from this nasty, dirty fuel is to oppose expansion of the Cove Point, Maryland liquefied natural gas export facility. Why? Because if cheap natural gas becomes even more popular than it is throughout the world, it will slow down adoption of the Sierra Club’s preferred energy sources, solar and wind.
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Under pressure from low commodity prices for natural gas causing a cash deficit for drilling, Chesapeake Energy is looking to sell off some of its oil and gas fields in Texas, Mexico and Oklahoma so it can continue to concentrate on drilling in eastern Ohio’s Utica Shale and other “wet gas” areas of the country.
No public ceremony for the signing of historic legislation to regulate Marcellus Shale gas drilling in Pennsylvania. Monday evening, Gov. Tom Corbett’s office announced he had privately signed the new legislation into law. A detailed summary of the legislation is embedded below.
The Utica Landowner Group of eastern Ohio has just cut a deal with Antero Resources for what is believed to be the highest amount paid yet for a lease deal: $5,900 per acre for a signing bonus, and 21 percent royalties. The deal covers land in Belmont, Monroe and Noble counties in Ohio.