Category: Natural gas

Guess what’s in that hot dog? Yep, a fracking chemical

If you plan on drinking a soda, using bug spray or eating a hot dog this Fourth of July, you are consuming or using chemicals also used in the hydraulic fracturing process.  More »

Reforms won’t come easy for Mexico’s new leader

Mexican President-elect Enrique Peña Nieto vowed Monday to quickly push for promised economic and social policies that include energy reforms favorable to U.S. and Texas investors.  More »

A spill settlement could leave Halliburton cash for buybacks

If oil field services company Halliburton reaches a settlement with the federal government for alleged Clean Water Act violations in the 2010 Gulf of Mexico oil spill, it may have cash leftover to buy back stock and boost its share value, an analyst says.  More »

Lawmakers: Speed up natural gas exports

Lawmakers from areas rich in shale gas bounty worry that a boom in drilling is jeopardized by low natural gas prices. The answer, they say, is exporting liquefied natural gas.  More »

Nation’s energy transportation getting a revamp

The nation’s energy transportation network is undergoing a multibillion-dollar overhaul, as oil and natural gas production surges in new regions of the country.  More »

Gas under cemeteries raises money, moral questions

Loved ones aren’t the only thing buried in the 122-year-old Lowellville Cemetery in eastern Ohio. Deep underground, locked in ancient shale formations, are lucrative quantities of natural gas.  More »

Ala. couple opts for natural gas car

When Jay and Tana Stuman need to fill up their gas tank, they head for the pump in their garage at home, plug it into their Honda Accord and fill’er up with compressed natural gas.  More »

Perdue vetoes bid to start gas fracking in NC

Gov. Beverly Perdue vetoed legislation Sunday that would allow a form of shale gas exploration called fracking in North Carolina, saying the measure did too little to protect drinking water, landowners and local governments.  More »

Ackman like Buffett buoyed by fracking in Bakken

Bill Ackman, the largest investor in Canadian Pacific Railway Ltd. (CP), is following Warren Buffett in profiting from growing oil and gas production in North America’s Bakken shale.  More »

Cheniere plans to complete $4 billion in LNG terminal financing

Cheniere Energy Inc., the first company to win approval to export natural gas from the continental U.S., plans to complete as much as $4 billion in financing for the project in the next few days.  More »

Federal energy data chief says crude exports would boost economy

The U.S. Energy Information Administration projects domestic crude oil production will grow by as much as 1.6 million barrels per day by 2035.  More »

Fracking can be undertaken safely in U.K., Royal Society says

Hydraulic fracturing, known as fracking, to exploit shale gas reserves can be carried out safely in the U.K. if it’s effectively regulated, according to the Royal Society and the Royal Academy of Engineering.  More »