Free Republic 3rd Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $75,683
86%  
Woo hoo!! And we're now over 86%!! Thank you all very much!!

Keyword: naturalgas

Brevity: Headers | « Text »
  • Hawaii Gov. Ige reveals opposition to utility LNG import plans

    08/28/2015 5:38:05 AM PDT · by thackney · 8 replies
    Utilitiy Dive ^ | August 26, 2015 | Robert Walton
    Dive Brief: With a 100% renewable goal now on the table and oil prices falling, Hawaii Gov. David Ige (D) has revealed he opposes plans to import liquefied natural gas as a bridge fuel to cleaner and less expensive power. At a business and policy conference this week in Honolulu, Ige, a keynote speaker, said the state does not need LNG and should be moving forward on its renewable goals instead. Both Hawaiian Electric (HECO) and Hawaii Gas have floated plans to construct import terminals, with gas deliveries beginning to reach the state in 2019. HECO has pledged to push...
  • Sanctions Bite Massive Gas Project in Russian Arctic

    08/28/2015 5:03:22 AM PDT · by thackney · 6 replies
    Wall Street Journal ^ | Aug. 27, 2015 | JAMES MARSON and SELINA WILLIAMS
    A $27 billion energy project is rising rapidly on this icy peninsula jutting above the Arctic Circle, but the race to shore up its finances has emerged as a test of Moscow’s ability to weather Western sanctions. U.S. restrictions on OAO Novatek, the project’s Russian leader, are squeezing the massive Yamal LNG liquefied-natural-gas venture, a centerpiece of President Vladimir Putin’s plan for Russia to reduce its heavy dependence on natural-gas customers in Europe by increasing exports to Asia and, in turn, cementing Russian ties with China. Barred by the sanctions from raising long-term dollar loans, Novatek and its foreign partners,...
  • Commentary: 10 challenges faced by the global LNG market

    08/27/2015 12:59:43 PM PDT · by thackney · 1 replies
    Fuel Fix ^ | August 27, 2015 | Matt Smith
    We recently looked at the restart of the first Japanese nuclear reactor in four years, and assessed its impact on Japanese oil demand. It was somewhat burying the lede, however, not to address the impact on LNG demand. So with Japan’s developments still fresh in our minds, here are ten challenges faced by the global LNG market: 1) Asia is the key market for LNG. Japan accounts for approximately 35% of the global LNG market. Combined with South Korea, it accounts for ~50% of it, while Asia as a whole accounts for 75%. The gradual return of nuclear reactors in...
  • As natural gas replaces coal, U.S. utilities invest big in the future

    08/27/2015 5:45:42 AM PDT · by thackney · 8 replies
    Fortune ^ | AUGUST 26, 2015 | Katie Fehrenbacher
    Southern Company isn’t alone in spending billions to position itself for the natural gas future. One of the largest companies that owns utilities in the U.S., Southern Company, announced a big deal this week that highlights just how aggressively power firms are looking to boost their natural gas power resources at the expense of the declining coal industry. On Monday, Southern Company SO 2.61% said it plans to buy natural-gas distributor AGL Resources GAS -0.08% for $8 billion in cash. The deal, which is for $12 billion but includes $4 billion in debt, offers AGL shareholders a 38% premium over...
  • EIA expects near-term decline in natural gas production in major shale regions

    08/26/2015 10:54:29 AM PDT · by thackney · 16 replies
    Energy Information Administration ^ | AUGUST 26, 2015 | Energy Information Administration
    Natural gas production across all major shale regions in EIA's Drilling Productivity Report (DPR) is projected to decrease for the first time in September. Production from these seven shale regions reached a high in May at 45.6 billion cubic feet per day (Bcf/d) and is expected to decline to 44.9 Bcf/d in September. In each region, production from new wells is not large enough to offset production declines from existing, legacy wells. The DPR provides a month-ahead forecast of natural gas and crude oil production for the seven most significant shale formations in the United States. In order to estimate...
  • Three Exelon nuclear power plants do not clear PJM auction

    08/25/2015 8:02:54 AM PDT · by thackney · 13 replies
    Power Engineering ^ | Aug 24, 2015 | Power Engineering
    Exelon said three of its nuclear power plants did not clear the PJM capacity auction for the 2018-19 planning year. The Quad Cities nuclear plant in Illinois, Oyster Creek in New Jersey, and Three Mile Island nuclear power plant in Pennsylvania will not receive capacity revenue from this auction, according to The Wall Street Journal. PJM said it would increase payments to power generators by 37 percent beginning in June 2018, increasing to $164.77 per megawatt per day. The increase is an almost $45 jump over the previous amount reached in auction last year. Power producers bid for long-term contracts...
  • Hundreds march to protest proposed natural gas pipeline

    08/24/2015 5:03:53 AM PDT · by thackney · 38 replies
    Fuel Fix ^ | August 24, 2015 | Associated Press
    Several hundred protesters turned out Saturday to march across the Delaware River in opposition to a proposed 114-mile pipeline that would shuttle natural gas from Pennsylvania to New Jersey. Those against PennEast’s proposal said during the mile-long march they’re concerned the pipeline would badly damage the landscape and natural resources in the region, and lower property values. “The people of Pennsylvania and New Jersey are showing they are unified in their message to PennEast: Go home, we don’t want your pipeline,” said Maya van Rossum, who leads the nonprofit Delaware Riverkeeper Network. “It’s also a message to politicians and regulators....
  • The EPA Aims to Reduce Methane Output by 2025 (from Oil, Gas Sector-Proposal Cuts GHG Emissions)

    08/23/2015 6:29:30 PM PDT · by E. Pluribus Unum · 38 replies
    Nature World News ^ | August 20, 2015 | Samantha Mathewson
    In an attempt to curb methane emissions from oil and gas development, the U.S. Environmental Protection Agency has proposed the nation's first regulations on emissions of that gas. Compared to 2012 levels, the EPA aims to reduce the nation's oil and gas sector methane output by up to 30% by 2025, according to a release. The regulations target methane and smog-forming volatile organic compounds, which are produced by oil and gas drilling operations. They also aim to reduce emissions from new and modified facilities that collect, transport and store oil and gas. The proposal follows 2012 rules, which limit toxic...
  • Texas Sets Record for Gas Power Burn, Still Barely Enough

    08/19/2015 3:18:10 PM PDT · by thackney · 13 replies
    Power ^ | 08/18/2015 | Thomas Overton
    The Electricity Reliability Council of Texas (ERCOT) on August 10 set a record for electricity demand, topping 69,000 MW twice during the afternoon. The peak came as the Energy Information Administration (EIA) noted that Texas also set a record for gas power burn—natural gas usage in its power sector—reaching an average 4.5 Bcf/d through August 11. The peak came during a recent heat wave, with temperatures across the state topping 100F. Though reserves briefly fell below 2,500 MW, ERCOT was able to weather the episode without any system emergencies. Wholesale prices peaked at $2,250/MWh during the hour period of greatest...
  • What Would Have Been The First Fracing Project In Denmark's History Has Been Cancelled

    08/18/2015 8:44:24 AM PDT · by thackney · 6 replies
    Oil Pro ^ | 8/18/2015 | Darryl Hill
    Denmark's first potential fracing project has been cancelled, as France's Total said it is pulling out of its shale gas exploration project in northern Denmark after failing to discover adequate deposits. Insufficient Deposits The Danish Energy Ministry said late Monday that the French supermajor's shale gas exploration in the Vendsyssel district in northern Jutland has been permanently shutdown. Total said it did not encounter sufficient shale gas deposits to render its efforts worthwhile, hence shutting down what would have been Denmark's first fracing project ever. The Energy Agency said in a press release, "The drilling results have not fulfilled the...
  • Like Cheap Natural Gas? Obama’s Clean Power Plan Will Regulate It Out of Existence

    08/14/2015 12:17:54 PM PDT · by Kaslin · 12 replies
    Townhall.com ^ | August 14, 2015 | Isaac Orr
    U.S. households are saving hundreds of dollars a year because natural gas prices are low, but that’s about to change. Astudy by NERA Economic Consulting has found new regulations on power plants mandated by the Environmental Protection Agency’s Clean Power Plan (CPP) will increase natural gas prices to 2007 levels, virtually guaranteeing these savings will soon be wiped out. A study by the Brookings Institution found natural gas prices have plummeted as horizontal hydraulic fracturing, also known as horizontal “fracking,” has caused U.S. natural gas production to skyrocket to all-time highs, making the United States the world’s top producer of...
  • A Russian gas pipeline in Pakistan

    08/12/2015 9:08:53 AM PDT · by Navy Patriot · 4 replies
    Russia and India Report ^ | August 12, 2015 | Anna Kuchma
    A subsidiary of the Russian state corporation Rostech has offered to build a pipeline that will carry gas from Iran to cities in Pakistan. The project is estimated to cost $2.5 billion dollars. The pipeline will extend almost 1100 kms from Karachi, in southern Pakistan, to Lahore in the north-east. This is the first major project in Pakistan in 40 years in which Russians are involved. Project terms The project envisages the construction of five compressor stations. As planned, the project should be ready for the gas pipeline to enter into operation in 2017. During construction, “technology, materials, equipment and...
  • Chinese company brings jobs to Houston for massive Louisiana chemical plant

    08/12/2015 6:25:03 AM PDT · by thackney · 6 replies
    Houston Business Journal ^ | Aug 12, 2015 | Suzanne Edwards
    Yuhuang Chemical Inc., the Houston-based North American subsidiary of China-based Shandong Yuhuang Chemical Co. Ltd., has added 55 jobs to its corporate office in Houston and will continue to add more to support the development of its $1.85 billion methanol production complex in Louisiana. Yuhuang Chemical announced on Aug. 10 that it reached an agreement to transport gas on the Transcontinental Gas Pipe Line, owned by Tulsa, Oklahoma-based Williams Cos. Inc. (NYSE: WMB), to serve the methanol complex. In addition to serving Yuhuang chemical, the Transco pipeline system also serves the Sabine Pass liquefaction project under development by Houston-based Cheniere...
  • Environmental Activists Arrested While Reading Pope Francis' Encyclical

    08/08/2015 11:12:15 AM PDT · by marshmallow · 12 replies
    Aleteia ^ | 8/7/15 | Zelda Caldwell
    Peaceful protesters sought to stop plan to store natural gas in New York lakeEnvironment activists in New York have enlisted the help of the Holy Father to help further their cause. Thirteen protesters arrested while forming a human blockade around a gas storage facility in Seneca Lake, New York, on August 4, were “reading from Pope Francis’ encyclical on the environment, Laudato Si’” according to AlterNet. The protesters were trying to bring attention to a proposal to store “tens of millions of gallons of liquefied petroleum gas, and up to two billion cubic feet of natural gas, in abandoned subterranean...
  • Crushing the Poor & Middle Class with the EPA

    08/05/2015 2:51:01 AM PDT · by markomalley · 21 replies
    Frontpage ^ | 8/5/15 | Matthew Vadum
    President Obama is surreptitiously colluding with radical anti-growth environmentalists to force ideologically driven carbon-emission controls on the energy industry that will devastate the U.S. economy, congressional investigators have discovered. As the Environmental Protection Agency (EPA) drew up rules aimed at limiting carbon emissions from power-generation plants, "key stakeholders — including the American public — had little to no influence over the debate while powerful environmental activist groups were given unprecedented access to and influence over administration officials," the Washington Times reported yesterday. Collusion between the EPA and the green's isn't exactly breaking news. They've been doing it for years, but...
  • U.S. Gas Exports: The Pipe Dream

    08/05/2015 5:49:29 AM PDT · by thackney · 33 replies
    Real Clear Energy ^ | August 5, 2015 | Gal Luft
    The Obama Administration is often accused of being sluggish in granting permits for projects to ship liquefied natural gas (LNG) to countries that do not have a free trade agreement with the U.S. Critics claim it has thus denied the U.S. a historical opportunity to become a leading natural gas exporter on par with Russia and Qatar. Whether ten approvals out of forty applications in four years is sluggish or not is a matter of perspective. But the debate on the pace of approvals has masked a much more important fact: American gas is no longer desired abroad, no matter...
  • Industrial natural gas use to continue to grow quickly, EIA says

    07/29/2015 11:48:31 AM PDT · by thackney · 18 replies
    Fuel Fix ^ | July 29, 2015 | Robert Grattan
    New plants coming online are set to drive industrial natural gas growth forward by more than three percent in the next two years, the U.S. Energy Information Administration said in an analysis Wednesday. Industrial facilities, which include methanol and fertilizer plants, consumed an average of 21.0 billion cubic feet per day of natural gas in 2014, up 24 percent from 2009. By the end of 2015, that figure is expect to rise by another 3.4 percent to an annual average of 21.7 billion cubic feet per day. In 2016, the EIA predicted another 3.9 percent gain to 22.5 billion cubic...
  • Here's why ocean shipping companies are switching to natural gas

    07/23/2015 10:04:02 AM PDT · by thackney · 40 replies
    Fortune ^ | JULY 23, 2015 | David Z. Morris
    The North American ocean carrier TOTE is deploying the world’s first container ships fueled by liquefied natural gas (LNG). The move anticipates imminent environmental regulations that are likely to trigger large shifts in the maritime shipping industry. TOTE is making the move to comply with the international Marpol Annex VI maritime emissions standards, first implemented in 2005. Restrictions on emissions like sulfur and nitrogen oxide will tighten in 2016 within designated emission control areas (ECAs), including the waters surrounding North America. Sulfur and nitrogen oxides are generated in large volumes by conventional maritime ships, which have long relied on so-called...
  • Obama gives final approval to Arctic drilling

    07/22/2015 2:33:44 PM PDT · by jazusamo · 18 replies
    The Hill ^ | July 22, 2015 | Timothy Cama
    The Obama administration gave its final stamp of approval Wednesday to Shell Oil Company's application to drill oil and natural gas in the Arctic Ocean. Under the approval, Shell can start drilling exploratory wells as soon as its fleet arrives at its prospect in the Chukchi Sea, about 140 miles off Alaska's northwest coast. But the two “application to drill”s approved by the Interior Department’s Bureau of Safety and Environmental Enforcement (BSEE) included key restrictions that bar Shell from drilling in areas known to contain oil, since its safety equipment is not yet fully ready. The decision is a major...
  • Obama's Scorched Oil and Gas Policy

    07/22/2015 5:30:02 AM PDT · by thackney · 1 replies
    Real Clear Energy ^ | July 22, 2015 | Robert Bradley
    The clock is ticking on the Obama Administration. With only 18 months remaining in his final term, federal energy planners and agency regulators are working as quickly as possible to impose new rules on the oil and natural gas industry. As one industry lobbyist told the Houston Chronicle, “The agencies are all in hyperdrive to get the rules across the finish line or have them well-positioned in the regulatory queue so that their path forward past Jan. 20, 2017, is clearly established.” The rush to increase regulations on oil and natural gas is nothing but bad news for an industry...
  • Another round of Slope methane hydrate research planned

    07/17/2015 9:11:34 AM PDT · by thackney · 12 replies
    ALASKA JOURNAL OF COMMERCE ^ | 2015.07.15 | TIM BRADNER
    Another test of methane hydrates on the North Slope, a potential huge new gas resource, is being planned. State officials are in discussions with the U.S. Department of Energy and the Japan Oil, Gas and Metals National Corp., or JOGMC on possible joint-sponsorship, and talks are planned with North Slope producers about potential sites for a test within one of the operating units on the Slope, Commissioner of Natural Resources Mark Myers said. A technical evaluation of different sites is now underway, Myers said. Drilling within an existing industry unit is preferable for cost reasons but sites on nearby unleased...
  • Study: Utica Shale Larger Than Previous Estimates

    07/17/2015 8:51:50 AM PDT · by thackney · 14 replies
    Rig Zone ^ | July 16, 2015 | Karen Boman|
    The size of the Utica shale play’s technically recoverable resources is larger than previously thought, a recent study by West Virginia University (WVU) has found. WVU found that the Utica play contains technically recoverable resources of 782 trillion cubic feet (Tcf) of natural gas and around 1.9 billion barrels of oil. That’s higher than the U.S. Geological Survey’s (USGS) 2012 estimate of technically recoverable resources at 38 Tcf of gas and 940 million barrels of oil. The study results indicate that the Utica – which spans West Virginia, Kentucky, Pennsylvania, Ohio and New York – is comparable to the Marcellus...
  • U.S. chemical companies poised for growth as demand swells

    07/16/2015 5:35:31 AM PDT · by thackney · 5 replies
    Fuel Fix ^ | July 15, 2015 | Rhiannon Meyers
    U.S. chemical plants are expected to grow in the coming months as they take advantage of cheap natural gas prices and a strengthening economy that has boosted domestic demand for raw materials used in housing and automobiles, a new credit rating analysis finds. But falling oil prices and a strong U.S. dollar threaten earnings for several domestic chemical companies, according to an economic and ratings outlook compiled by Standard & Poor’s Ratings Services. Domestic chemical companies have been able to crank out chemicals at a lower cost because they rely primarily on natural gas to feed their operations while their...
  • Natural gas surpasses coal as biggest US electricity source

    07/13/2015 10:49:56 AM PDT · by Olog-hai · 12 replies
    Associated Press ^ | Jul 13, 2015 12:56 PM EDT | Tom Murphy
    Natural gas overtook coal as the top source of U.S. electric power generation for the first time ever earlier this spring, a milestone that has been in the making for years as the price of gas slides and new regulations make coal more risky for power generators. About 31 percent of electric power generation in April came from natural gas, and 30 percent from coal, according to a recently released report from the research company SNL Energy, which used data from the U.S. Energy Department. Nuclear power came in third at 20 percent. A drilling boom that started in 2008...
  • U.S. oil rig count jumps up by a dozen, the first increase in 2015

    07/02/2015 12:59:11 PM PDT · by thackney · 7 replies
    Fuel Fix ^ | July 2, 2015 | Jordan Blum
    The amount of U.S. rigs drilling for oil increased for the first time this year after 29 consecutive weeks of declines. The number of actively drilling oil rigs jumped by 12 this week after several weeks of small decreases, which had indicated the streak of rigs being taken offline was nearing its end. The overall rig count, however, only grew by three rigs, because nine rigs drilling mostly for gas were taken out of service, according to data from oil services provider Baker Hughes. That is a switch from last week when three oil rigs were lost, but the gas-focused...
  • Fossil fuels have made up at least 80% of U.S. fuel mix since 1900

    07/02/2015 5:20:44 AM PDT · by thackney · 6 replies
    Energy Information Administration ^ | JULY 2, 2015 | Energy Information Administration
    While the energy history of the United States is one of significant change, three fossil fuel sources—petroleum, natural gas, and coal—have made up at least 80% of total U.S. energy consumption for more than 100 years. Recent increases in the domestic production of petroleum liquids and natural gas prompted shifts between the uses of fossil fuels (largely from coal-fired to natural gas-fired power generation), but the predominance of these three energy sources is likely to continue into the future. For the first several decades of American history, families used wood (a renewable energy source) as a primary source of energy....
  • U.S. Manufacturing costs are almost as low as China’s, and that’s a very big deal

    06/29/2015 8:41:40 AM PDT · by thackney · 47 replies
    Fortune ^ | JUNE 26, 2015 | Brian Dumaine
    “Made in the U.S.A” is becoming more affordable. The reason? Fracking. You don’t need to a Nobel Prize in economics to know that the fracking revolution has been good for the U.S. What’s not so well known is just how competitive cheap oil and gas has made American manufacturing. BCG, the Boston consultancy, estimates the average cost to manufacture goods in the U.S. is now only 5% higher than in China and is actually 10% to 20% lower than in major European economies. Even more striking: BCG projects that by 2018 it will be 2% to 3% cheaper to make...
  • Foreign companies helping fund U.S. petrochemical expansions, analysis finds

    06/29/2015 4:23:29 AM PDT · by thackney · 2 replies
    Fuel Fix ^ | June 26, 2015 | Rhiannon Meyers
    Foreign investors are helping fuel the U.S. petrochemical renaissance, as overseas companies scramble to take advantage of the surge of cheap domestic natural gas, according to a new industry analysis. Twelve of the 25 companies proposing to build or expand ethane crackers in the United States are international firms, underscoring the competitive advantage the U.S. continues to reap from the shale boom, according to Petrochemical Update, which analyzes construction trends for the petrochemical industry. Foreign interest in the U.S. petrochemical industry spiked after advances in horizontal drilling and hydraulic fracturing unleashed a wave of natural gas. Prices collapsed, quickly transforming...
  • Marcellus Shale region to see wave of large pipeline projects

    06/26/2015 5:43:27 AM PDT · by thackney · 12 replies
    PowerSource P-G ^ | June 23, 2015 | Stephanie Ritenbaugh
    Over the next three years, the Marcellus Shale region can expect to see about 17 pipeline projects meant to ship about 17.3 billion cubic feet per day of natural gas out of Pennsylvania, West Virginia and Ohio to end-users, according to IHS Energy. Those destinations “are varied, and in addition to New England, some are targeting the Midwest, eastern Canada and the South,” said Matthew Piatek, associate director of North American natural gas for IHS, which tracks energy markets. “Given the amount of production in the tri-state area currently, it will be able to satisfy the lion’s share of Mid-Atlantic...
  • Debate intensifies over the nation’s gas pipeline needs

    06/25/2015 1:07:53 PM PDT · by thackney · 4 replies
    Fuel Fix ^ | June 25, 2015 | Jordan Blum
    The numerous pipeline projects already in the works are more than sufficient to handle the increased natural gas demands in the U.S., with a federal push to limit carbon emissions, according to a new report from the Advanced Energy Economy Institute that urges for more clean power solutions. The new report attempts to counter claims by the North American Electric Reliability Corp. and other stakeholders that contend the nation’s increasing reliance on cheap natural gas for electricity will require more pipeline and power generation capacity. Such critics say the problems will be exacerbated and the nation’s grid reliability will suffer...
  • Rigzone 2Q Survey Reveals Oil, Gas Companies Reluctant to Hire

    06/25/2015 9:40:23 AM PDT · by thackney · 4 replies
    Rig Zone ^ | 6/25/2015 | Valerie Jones|
    Still grappling with market uncertainty, 51 percent of global hiring managers decreased their hiring efforts in the past three months, according to Rigzone’s latest global hiring survey. Additionally, 13 percent have completely frozen their recruitment plans. Since oil prices bottomed out in mid-March, the industry has seen slight increases in oil price per barrel, but not enough for oil and gas companies to feel comfortable enough to actively increase hiring plans in the near future, the survey revealed. In fact, 54 percent of global hiring managers said they believe job cuts are more likely in the next six months and...
  • Putin: Russian pipeline project to help Greece pay its debt

    06/20/2015 5:29:04 AM PDT · by sheikdetailfeather · 13 replies
    AP ^ | 6-20-2015 | SANDY MACINTYRE and NATALIYA VASILYEVA
    ST. PETERSBURG, Russia (AP) -- Russian President Vladimir Putin said after Friday's talks with Greek Prime Minister Alexis Tsipras that a prospective Russian natural gas pipeline should help Greece service its debt, but the Kremlin said the question of direct Russian financial aid to Greece was not discussed. Speaking of the pipeline deal at a meeting with top executives of global news agencies, including The Associated Press, which began nearly three hours behind schedule at around midnight, Putin said he saw no support for the Greeks from the EU. "If EU wants Greece to pay its debts it should be...
  • Slow sales cause Honda to scrub natural gas, hybrid Civics

    06/16/2015 9:47:52 AM PDT · by thackney · 21 replies
    Fox News ^ | June 16, 2015 | Associated Press
    Slow sales and falling gasoline prices have prompted Honda to stop selling gas-electric hybrid and natural gas-powered versions of its Civic compact car. The company also said that it will discontinue a plug-in rechargeable version of the midsize Accord. But it plans to roll out a new, more efficient version of the Accord hybrid early next year. And a new plug-in Accord will come later. Executive Vice President John Mendel said Monday in a statement that production of the natural gas Civic already has been halted, and hybrid Civic production will end after the 2015 model year.
  • Canada: Never mind. We’ll just ship our energy to China

    06/15/2015 11:25:55 AM PDT · by Hojczyk · 13 replies
    Hot Air ^ | June 15,2015 | JAZZ SHAW
    TransCanada Corp said on Friday it expects to start construction this year on natural gas pipeline to British Columbia’s Pacific Coast worth at least C$5 billion ($4.1 billion) following a conditional go-ahead by a Petronas-led consortium for what could be Canada’s first LNG export terminal. The Prince Rupert Gas Transmission line will connect the prolific Montney gas field near Fort St. John in northeastern British Columbia to the Pacific NorthWest LNG terminal, which is planned for Lelu Island The conditional go-ahead for the liquefied natural gas terminal is a rare win for TransCanada, which has struggled in recent years to...
  • Foes poised to declare victory in ‘war on coal’ as investors, utilities flee energy source

    06/08/2015 8:23:54 PM PDT · by Tolerance Sucks Rocks · 39 replies
    The Washington Times ^ | June 7, 2015 | Ben Wolfgang
    The war has been waged on several fronts for nearly a decade, and the aggressors are poised to declare victory over the wounded U.S. coal industry. After powering the Industrial Revolution and helping to turn the U.S. into the world’s top economic power, coal now seems to be drowning in what environmentalists call a “deadly cocktail” — a rabid, politically potent anti-fossil fuels movement, the rise of cheap, abundant, relatively clean domestic natural gas and an Obama administration that freely admits it wants to decrease coal use in America through a host of new rules. That near-perfect storm is taking...
  • EPA: Fracking's no big threat to water

    06/05/2015 6:41:28 AM PDT · by McGruff · 13 replies
    POLITICO ^ | 6/4/15 | ELANA SCHOR
    The Environmental Protection Agency’s long-awaited report on fracking dismayed liberal green groups Thursday while pleasing the oil and gas industry — the latest episode in both sides’ fraught relationship with President Barack Obama. The study, more than four years in the making, said the EPA has found no signs of “widespread, systemic” drinking water pollution from hydraulic fracturing. That conclusion dramatically runs afoul of one of the great green crusades of the past half-decade, which has portrayed the oil- and gas-extraction technique as a creator of fouled drinking water wells and flame-shooting faucets. The report also jibes with Obama’s global...
  • 'No shale gas revolution in Europe'

    06/03/2015 1:58:14 PM PDT · by 2ndDivisionVet · 5 replies
    The British Broadcasting Corporation ^ | June 3, 2015 | Richard Anderson, business reporter
    There will be no US-style shale gas revolution in Europe, the president of the International Gas Union (IGU) has told the BBC."You cannot duplicate [the US experience] in Europe," said Jerome Ferrier. "Politicians are hesitating to accept shale development." Abundant shale gas in the US has helped domestic energy prices fall. As a result some European governments, not least the UK, are keen to develop their own shale resources. Mr Ferrier's comments come a day after a number of major energy firms called for a working price of carbon. Carbon pricing The IGU president, talking to the BBC at the...
  • Exxon Mobil gets DOE approval for wider LNG exports at Alaska terminal

    06/02/2015 8:05:03 AM PDT · by thackney · 3 replies
    Dallas Business Journal ^ | Jun 1, 2015 | Nicholas Sakelaris
    Irving, Texas-based Exxon Mobil Corp. said June 1 it received authorization to export liquefied natural gas to non-free trade agreement countries at its Alaska LNG terminal. The proposed project received conditional authorization from the U.S. Department of Energy to export up to 20 million metric tons per year of LNG for 30 years. The terminal previously received authorization to export to countries with U.S. trade agreements. “As with any large scale LNG project, access to as many markets as possible will improve the commercial viability of the proposed project,” Steve Butt, Alaska LNG senior project manager, said in a statement....
  • It's Official: Natural Gas is Killing Coal

    06/01/2015 4:42:02 AM PDT · by thackney · 51 replies
    Motley Fool ^ | May 31, 2015 | Justin Loiseau
    There's no denying that natural gas is revolutionizing our energy economy, but few believed it could deal such a swift death blow to coal, the commodity that brought us into the Industrial Revolution and has been our backbone ever since. But the signs are irrefutable. Here's what you need to know. A historic battle Coal and natural gas have been going at it for a while. Traditionally, these were actually complementary energy sources. As a cheaper fuel that was more difficult to manage, coal-fired generation plants were the "slow burners" that kept our energy capacity steady throughout the day. Relatively...
  • Controversy over ‘global warming’ in Wyoming school curriculum

    05/23/2015 6:08:31 AM PDT · by george76 · 40 replies
    Eagle News ^ | May 22, 2015 | Victor Skinner
    The proposed adoption of $300,000 worth of reading materials for Cody, Wyoming students stalled this week amid criticisms about the curriculum’s “very liberal, very slanted view of the world.” School board and community members spoke out against a slate of proposed materials for K-12 students that cover topics like global warming, evolution and race. The materials are published by education giant Pearson and Boston publisher Houghton Mifflin Harcourt ... that aligns with the national Common Core standards. But many in the community are concerned about how the texts address issues like global warming, which is treated as settled science ......
  • Obama to issue flurry of energy regulations this summer

    05/22/2015 10:09:46 AM PDT · by jazusamo · 23 replies
    The Hill ^ | May 22, 2015 | Timothy Cama
    This summer will be busy for the Obama administration’s energy and environmental regulators, with numerous high-profile rule releases planned. Between June and August, regulators hope to fill out the Obama administration’s agenda with major rules on greenhouse gases, the oil and natural gas sectors, coal production, and other policy priorities, according to a rule-making schedule released by the White House late Thursday. The administration’s main climate change rule from the Environmental Protection Agency, which would slash greenhouse gases in the power sector by 30 percent, is due out in August. That aligns with the timeline EPA officials, including Administrator Gina...
  • Net imports of natural gas fall to lowest level since 1987

    05/22/2015 5:10:54 AM PDT · by thackney
    Energy Information Administration ^ | MAY 21, 2015 | Energy Information Administration
    U.S. net imports of natural gas decreased 9% in 2014, continuing an eight-year decline. As U.S. dry natural gas production has reached record highs, lower domestic prices have helped to displace natural gas imports. Net natural gas imports (imports minus exports) totaled 1,171 billion cubic feet (Bcf) in 2014, the lowest level since 1987. Imports by pipeline from Canada account for nearly 98% of all U.S. natural gas imports, and were the main driver of the decrease in total imports. Net imports from Canada represented 7% of total U.S. natural gas consumption in 2014, down from 11% in 2009. U.S....
  • UGI to build second LNG plant

    05/20/2015 6:32:26 AM PDT · by thackney · 33 replies
    LNG World News ^ | May 15, 2015 | LNG WN
    UGI Energy Services, a UGI Corporation unit, said it plans to build a liquefied natural gas production facility in northern Pennsylvania that will utilize Marcellus Shale gas. The proposed facility will be adjacent to UGI Energy Services’ Manning natural gas compression station located in Wyoming County, Pennsylvania. Natural gas will be supplied by its Auburn gathering system, which transports Marcellus Shale gas produced from local wells to major interstate pipelines serving markets in the Mid-Atlantic region, the company said in a statement. The LNG plant, which will include both liquefaction and local storage, is expected to be in full commercial...
  • 'Eternal flames' of ancient times could spark interest of modern geologists

    05/18/2015 11:51:28 AM PDT · by Red Badger · 15 replies
    Phys.Org ^ | 05-18-2015 | Provided by Springer
    Seeps from which gas and oil escape were formative to many ancient cultures and societies. They gave rise to legends surrounding the Delphi Oracle, Chimaera fires and "eternal flames" that were central to ancient religious practices - from Indonesia and Iran to Italy and Azerbaijan. Modern geologists and oil and gas explorers can learn much by delving into the geomythological stories about the religious and social practices of the Ancient World, writes Guiseppe Etiope of the National Institute of Geophysics and Volcanology in Italy. His research is published in the new Springer book Natural Gas Seepage. "Knowing present-day gas fluxes...
  • Power generation from coal and natural gas expected to temporarily converge this spring

    05/16/2015 6:53:07 AM PDT · by thackney · 8 replies
    Energy Information Administration ^ | MAY 14, 2015 | Energy Information Administration
    EIA's most recent Short-Term Energy Outlook forecasts that the amount of electricity generation fueled by natural gas in April and May will total just 3.5% less than the projected amount of coal-fired generation. This convergence has occurred only once before, in April 2012, when natural gas fueled just 1.5% less generation than coal. Power generation from the two fuels is expected to rise at similar rates over the next couple months, and then diverge again later in the summer as demand rises and coal unit capacity utilization continues to rise. Natural gas-fired generation has been rising over the past few...
  • Exclusive: Anti-Fracking Filmmaker Josh Fox Arrested In Finger Lakes Protest

    05/15/2015 10:22:31 AM PDT · by thackney · 33 replies
    The Daily Beast ^ | 05.13.15 | James Joiner
    The creator of the award-winning film ‘Gasland’ was just arrested at a protest in rural New York. Here’s the mini-documentary he made on the eve of his arrest. Award-winning documentary filmmaker Josh Fox, who wrote and directed the acclaimed fracking film Gasland, was arrested this afternoon while engaging in a human barricade at a natural-gas storage facility in the Finger Lakes. “People need to see what’s happening at Seneca Lake, and also understand that this isn’t isolated, it is happening everywhere,” Fox told The Daily Beast before the protest. “We need to educate people that our dependency on fossil fuels...
  • Feds hand key LNG export license to Cheniere’s Corpus Christi project

    05/14/2015 7:04:28 AM PDT · by thackney · 3 replies
    Fuel Fix ^ | Jennifer A. Dlouhy | May 13, 2015
    The Obama administration has delivered a critical natural gas export license to Cheniere Energy’s proposed liquefaction terminal in Corpus Christi, marking the first such approval for a greenfield project that would not be built on the footprint of an older LNG facility. With the move late Tuesday, the Energy Department is allowing Cheniere to export as much as 2.1 billion cubic feet per day of liquefied natural gas over the next 20 years from the planned facility to countries with which the United States does not have free trade agreements. The company announced Wednesday that its board of directors had...
  • Drones take flight at OTC

    05/07/2015 5:04:23 AM PDT · by thackney
    Fuel Fix ^ | May 6, 2015 | Robert Grattan
    HOUSTON — Offshore platforms have a lot of hard-to-reach places, and a first-time exhibitor at the Offshore Technology Conference wants to use flying robots to make those tough corners more accessible. U.K.-based Sky-Futures has built a business using drones to inspect areas such as the underbelly of offshore platforms and burning flare stacks. The company’s co-founder and CEO James Harrison — who spent years working with information-gathering drones in Iraq and Afghanistan — said using the robots to do the inspection work makes it more efficient and safer. Historically, crews of workers inspecting those spots have had to dangle from...
  • GAO: Gov’t waste of natural gas costing taxpayers millions

    05/06/2015 7:39:04 PM PDT · by Olog-hai · 2 replies
    Associated Press ^ | May 6, 2015 6:09 PM EDT | Hope Yen
    Significant amounts of natural gas on federal lands are being wasted, costing taxpayers tens of millions of dollars each year and adding to harmful greenhouse gas emissions, a congressional investigation has found. The nonpartisan Government Accountability Office also said the Bureau of Land Management failed to conduct production inspections for hundreds of high-priority oil and gas wells—roughly 1 out of 5—to ensure full payment of royalties to the U.S. The report, obtained by The Associated Press before its public release, is the latest to highlight substantial gaps in oversight. An AP review of government records last May found the agency,...
  • Panama officials at OTC say expanded canal could be a gateway to LNG business

    05/06/2015 5:17:28 AM PDT · by thackney · 6 replies
    Fuel Fix ^ | May 5, 2015 | Robert Grattan
    HOUSTON — Panama is well positioned to serve as a distribution hub for the liquefied natural gas that will power Central America in the future, the country’s officials told attendees at Houston’s Offshore Technology Conference on Tuesday morning. The biggest advantage the country has is its namesake canal, an overseas shortcut linking the Atlantic and Pacific Oceans, panelists said at the breakfast talk. The canal is currently too small to handle LNG tankers, but a multi-billion dollar expansion is in the works that will allow all but the largest gas-carrying ships to pass. The massive construction project was interrupted by...