Category: Natural gas

NY Assembly calls for fracking health impact study

Environmental and health groups are praising the New York State Assembly for including an independent health impact study of hydraulic fracturing for natural gas in its budget proposal on Monday.  More »

U.S. gasoline price jumps as crude declines

The Oil Price Information Service says gas prices could rise as high as $4.25 per gallon.  More »

Norse wants to be 1st in line for NY gas permits

While New York regulators wrap up a four-year environmental impact study of shale-gas drilling that has driven most energy companies to other states, a Norwegian company hopes to be first in line if New York starts issuing permits.  More »

Chesapeake CEO seeks cash infusion from Asian gas markets

Chesapeake Energy Corp. (CHK) Chief Executive Officer Aubrey McClendon is cultivating investors from Seoul to New Delhi eager to own natural gas that’s 85 percent cheaper than Middle East supplies because of a glut in the U.S.  More »

Colo. cities profit by selling water for fracking

Some northern Colorado cities are earning thousands of dollars selling municipal water for use in hydraulic fracturing or fracking.  More »

4th year brings Haynesville Shale slowdown

DeSoto Parish school officials don’t know any figures yet, but expect to have to pare their 2012-13 budget from current spending because drilling in the Haynesville Shale is slowing down.  More »

Oil rises above $107 after key jobs report

The average price for gasoline is already more than $4 per gallon in California, Alaska and Hawaii.  More »

Exxon Mobil’s Tillerson blasts ‘misinformation’, government confusion

Exxon Mobil CEO Rex Tillerson blasted today what he described as government confusion and widespread misinformation that is hampering energy companies, urging the industry to play a more active and forceful role in responding to both issues.  More »

Ohio: Injection well led to quakes

A dozen earthquakes in northeastern Ohio were almost certainly induced by injection of gas-drilling wastewater into the earth, state regulators said Friday as they announced a series of tough new rules for drillers.  More »

Fracking failing to crack China, Europe shale, Exxon says

Some shale formations in Europe and China are impervious to drilling techniques that opened vast reserves of natural gas and oil from Texas to Pennsylvania, said Rex Tillerson, Exxon Mobil Corp. (XOM)’s chief executive officer.  More »

General Electric chief sees more growth in Houston

General Electric CEO Jeff Immelt says the company will capitalize on growth of the oil and gas industry and took a swipe at Obama’s “all-of-the-above” energy approach.  More »

EPA, Wyoming agree to more groundwater testing

The agency says some groundwater may have become contaminated by gas development including hydraulic fracturing.  More »

Senate rejects Keystone XL measures, OKs directing spill fines to Gulf

The Senate on Thursday rejected controversial Republican proposals to approve the Keystone XL oil pipeline, expand offshore drilling into new waters, and delay environmental regulations for industrial and commercial boilers.  More »

House GOP’s energy, Keystone XL bill on life support

The House will probably take up the Senate’s transportation bill, Speaker John Boehner said Thursday, signaling his chamber’s own legislation that would approve the Keystone XL pipeline and expand oil-and-gas drilling to fund road projects might not have the needed support to pass.  More »

Natural gas prices drop sharply on bulging supply

Natural gas is falling sharply after U.S. supplies declined less than expected last week.  More »