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Keyword: naturalgas

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  • New Mexico assets capture attention of oil and gas giants

    04/19/2017 12:20:32 PM PDT · by CedarDave · 6 replies
    The Albuquerque Journal ^ | April 18, 2017 | Susan Montoya Bryan, AP
    ALBUQUERQUE, N.M. — As New Mexico’s elected leaders wrangle over raising taxes to plug a budget shortfall, major multinational energy companies have quietly spent more than $13 billion in recent months on assets in the state’s oil and gas hot spots. The new wave of investment bodes well for the industry being able to generate much-needed revenues for the struggling state over the long haul, analysts said. The interest from companies such as Texas-based EOG Resources, ExxonMobil and Marathon Oil started last fall and is carrying into this year despite prices remaining around $50 a barrel. New Mexico also led...
  • Police kill man reportedly seen shooting at gas pipeline [Citrus County, FL]

    02/26/2017 12:32:32 PM PST · by Da Bilge Troll · 34 replies
    CBS News ^ | Feb 26, 2017 | Staff writer
    Police in Citrus County, Florida said Sunday that a man reportedly seen shooting at a natural gas pipeline had been fatally shot by officers after a vehicle chase. Citrus County Sheriff Mike Prendergast was quoted in a statement on his office’s Facebook page as saying no police were injured. He said officers from Citrus County, Marion County and the Florida Highway Patrol were involved. The chase began in Marion County and ended with a “crash” near Floral City in Citrus County, according to the statement. “This is where the suspect engaged the deputies and was subsequently shot and killed,” it...
  • Obama admin blocks seismic surveys in Atlantic Ocean [for natural gas drilling]

    01/06/2017 9:21:45 AM PST · by Olog-hai · 16 replies
    Associated Press ^ | Jan 6, 2017 11:58 AM EST | Matthew Daly
    The Obama administration is denying permits for energy companies to conduct seismic surveys in the Atlantic Ocean to map potential drilling sites for oil and natural gas. The Interior Department said it denied six pending applications in part because Obama has blocked Atlantic drilling under a five-year offshore drilling plan finalized late last year. Environmental groups and some East Coast lawmakers oppose the surveys, saying that loud sounds from seismic air guns could hurt marine life. …
  • Trump Should Quickly Rescind Obama’s Drilling Ban

    12/22/2016 2:49:12 PM PST · by jazusamo · 29 replies
    PJ Media ^ | December 22, 2016 | Andrew C. McCarthy
    In his enviro-extremism, President Obama is attempting to tie President-elect Trump’s hands by blocking vast swaths of the Arctic Ocean and stretches of the Atlantic from oil and natural-gas drilling. The gambit, announced by the administration on Tuesday, is part of an eleventh-hour wave by which Obama is flooding the regulatory zone: Promulgating so many rules – of the unpopular, hard-left variety that Democrats dare not unveil before Election Days – that he hopes the Trump administration will find it too cumbersome to undo all of them. The incoming president should not let his predecessor get away with it. Obama’s...
  • Trump’s Path to Mount Rushmore

    11/30/2016 11:40:21 AM PST · by 2ndDivisionVet · 24 replies
    The American Interest ^ | November 27, 2016 | Walter Russell Mead
    Smart energy policy could give the next President his best prospect for spurring growth in manufacturing jobs—and thus delivering on the promises his voters think matter most. Pundits are terrible at predicting presidencies; remember the hymns to the greatness of the Second Lincoln, the New Roosevelt, and the Democratic Reagan that wafted to the heavens during the Obama transition. And the pundits were even worse at predicting Trump’s fate during the election; how many times did they predict his demise? But now, as convinced as ever of his incompetence and their infallibility, the punditocracy is telling us why the Trump...
  • President Trump: This Is How To Bring Back 1 Million Energy Jobs

    11/11/2016 8:09:39 AM PST · by bananaman22 · 11 replies
    Oilprice.com ^ | 11-11-2016 | Dan
    Dear President-Elect Trump, There’s work to be done. And I know you’re up for a challenge. In fact, I’m now sure of it. So let me lay out a policy position that I am truly hoping you will adopt as your own. I’m talking about natural gas as a transportation fuel: cheap, clean, abundant natural gas. And I’m talking about U.S. energy independence, balanced budgets, jobs, trade and the environment. We use natural gas for power generation and as a heating fuel but that’s an old story for a new reality. Fracking has unlocked a phenomenal amount of gas in...
  • Why $25 NatGas Is Possible This Winter

    11/08/2016 3:09:41 PM PST · by bananaman22 · 24 replies
    Oilprice.com ^ | 11-08-2016 | Mike
    For families using natural gas in their homes, this could be an expensive winter... or a cold one without heat. New England consumes the most liquid natural gas (LNGs) out of anywhere in North America primarily due to high population density and colder climate. Historically, the price of LNG rises in correlation to snow storms. Because of bottlenecks in the pipelines for LNG, supply is limited in the North East and a demand surge can cause a spike in price. In 2015, there were only 6 million homes that use traditional heating oil in New England, whereas nearly half of...
  • Chevron Phillips' $6 billion Houston expansion nears completion

    10/20/2016 10:12:00 PM PDT · by Tolerance Sucks Rocks · 2 replies
    The Houston Chronicle ^ | October 10, 2016 | Jordan Blum
    The dozen or so cranes visible from Interstate 10 in Baytown will only remain for a few more months as Chevron Phillips Chemical's $6 billion petrochemical expansion moves toward completion. Chevron Phillips' complex is more than 80 percent complete, although it won't be fully operational for almost another year. The project involves a massive ethane cracker - on a plot the size of 44 football fields - that will separate a component of natural gas called ethane, which will provide the feedstock for some 1.5 million metric tons a year of ethylene, a common building block of plastics. Chevron Phillips,...
  • Hillary Corruption Led to Syria-Russia Crisis [aw!m vanity]

    10/15/2016 5:01:16 AM PDT · by Arthur Wildfire! March · 34 replies
    Big bold Drudge lines [*h*] ... CIA PLANS CYBER STRIKE ON RUSSIA 'DEFCON WARNING UPGRADE' MOSCOW READY FOR WAR Obama wants to not only wag-the-dog, but who knows? A cyber-war could disrupt internet communications -- time to blind Trump supporters. And it all boils down to their bribe money to take out the Syrian government. Obama and Hillary want you to think that Bashar Assad is the very devil. In many ways he is. Worst of all is his defense of Christians and Jews so far as the Establishment thinks. ISIS is cool -- they enslave Christians and Jews for...
  • Alabama pipeline leak: What we know so far about the spill, gas shortages and more

    09/18/2016 5:43:49 PM PDT · by servo1969 · 55 replies
    AL.com ^ | 9-18-2016 | Dennis Pillion
    On the morning of Sept. 9, an inspector with the Alabama Surface Mining Commission was performing a routine monthly check of an old coal mine in Shelby County when he noticed "a strong odor of gasoline" as well as a sheen on the surface of one of the retention ponds. The gasoline he was smelling came from Colonial Pipeline's Line 1, an underground pipeline three feet in diameter that normally pushes 1.3 million barrels of gasoline per day from refineries in Houston to distribution centers across the Southeast and along the eastern seaboard. That 36-inch line, built in 1963, has...
  • Researchers identify possible catalyst for converting methane to methanol at room temperature

    08/18/2016 10:55:22 AM PDT · by Red Badger · 20 replies
    phys.org ^ | August 18, 2016 | by Bob Yirka
    (Phys.org)—A team of researchers from Belgium and the U.S. has identified the active site of an iron-containing catalyst that has raised hopes for designing a practically useful catalyst that might make converting methane to methanol a possibility. In their paper published in the journal Nature, the researchers describe their efforts, what they discovered and why they believe their findings may lead to a practical way to convert methane to a more efficient energy resource. Jay Labinger, with the California Institute of Technology offers a News & Views piece outlining the work done by the team in the same journal issue....
  • How Brexit Will Affect Paris Global Warming Treaty

    08/17/2016 6:02:11 AM PDT · by george76 · 15 replies
    Daily Signal ^ | June 28, 2016 | Nicolas Loris
    The fate of the European Union’s global warming commitments negotiated as part of the Paris Protocol may be in jeopardy as result of Brexit. The U.S. on the other hand, should take a page out of the U.K.’s playbook and not only withdraw from the Paris agreement, but also withdraw participation from the United Nations Framework Convention on Climate Change altogether. ... countries made individual commitments to reduce carbon dioxide and other greenhouse gas emissions, largely centered on shifting away from affordable natural resources such as coal, oil, and natural gas, and toward more expensive, intermittent, subsidy-dependent renewables. ... The...
  • Shale Production Has Reduced Energy Prices To Levels Where Saudi Arabia Can't Fund Its Welfare State

    08/04/2016 12:58:31 AM PDT · by Kaslin · 98 replies
    Townhall.com ^ | August 3, 2016 | Matt Vespa
    Saudi Arabia knew that North American shale production could potentially torpedo their hold on the energy market via oil. So, they decided to trounce the natural gas market by opening the floodgates with petroleum. It didn’t work. The Telegraph now reports that shale production has cut prices so low that they can produce at prices that are lower that what’s required to keep Saudi Arabia’s socioeconomic fabric healthy: Opec's worst fears are coming true. Twenty months after Saudi Arabia took the fateful decision to flood world markets with oil, it has still failed to break the back of the US shale...
  • Maryland’s Coming Fracking Showdown

    07/27/2016 8:26:26 PM PDT · by Tolerance Sucks Rocks · 11 replies
    MC GOP ^ | July 26, 2016 | Mark Uncapher
    The clock is counting down toward an important decision for Maryland’s economic future, namely whether to allow hydraulic fracturing, commonly known as fracking, to drill for natural gas in the state. Over a year ago, legislation that blocked fracking for another two years became law without Gov. Larry Hogan’s signature. That law barred the state from issuing drilling permits until October 2017 and required the Department of the Environment to adopt new regulations by October 2016. The passage of this law effectively delayed any decision on fracking until next year. To recap: the Marcellus Shale is a geological formation found...
  • Colorado Has 40 Times More Natural Gas Than Once Believed

    06/09/2016 1:16:16 PM PDT · by smokingfrog · 35 replies
    Daily Caller ^ | 6-9-16 | Chris White
    U.S. Geological Survey (USGS) officials said Wednesday that western Colorado has upwards of 40 times more natural gas than previously believed, making it the second largest natural gas producing formation in the U.S. The Mancos Shale formation in Colorado’s Piceance Basin, located in the western section of Colorado, nestles nearly 70 trillion (66.3 trillion) cubic feet of gas. This marks a massive uptick from the 1.6 trillion cubic feet estimated in 2003, research shows. A trillion cubic feet of natural gas, according to the U.S. Energy Department, is enough to heat 15 million homes for a year — 66. 3...
  • Natgas shortages threaten Southern California summer power reliability

    05/20/2016 8:03:21 PM PDT · by Lorianne · 11 replies
    Reuters ^ | 18 May 2016
    The operator of the California power grid said on Wednesday that natural gas shortages related to a leak at the giant Aliso Canyon storage facility will threaten electric reliability in the southern part of the state this summer. The rest of the state, however, should have enough electricity to meet summer air conditioning demand, the California ISO, the grid operator, said in a release. In April, several California agencies prepared a report on potential power shortages related to last year's gas leak at the Aliso Canyon storage facility in the Los Angeles area. That report found significant risks to electricity...
  • The Left’s Jihad against American energy

    05/18/2016 5:20:12 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | May 18, 2016 | Ken Blackwell
    This election season has created an unprecedented alliance between the environmental Left and the anti-free market movement. The result is a well-funded juggernaut adept at conducting coordinated and sophisticated assaults on American businesses while attempting to influence crucial elections. Their goals are nothing short of shuttering our American manufacturing industry, halting the production of affordable energy and placing a ruling clique of radicals in office.One such tactic focuses on intimidating universities and other institutions into divesting their financial holdings of fossil fuel investments. Activists behind this campaign talk candidly about how they hope to “revoke the social license” of energy...
  • The Age of Cheap Oil and Natural Gas Is Just Beginning

    05/09/2016 11:14:20 AM PDT · by samtheman · 26 replies
    scientificamerican.com ^ | May 3, 2016 | Marian Radetzki, Roberto F. Aguilera
    But we believe the period of excessively high oil prices has come to an end. The international spread of two revolutions will assure much ampler oil supplies, and will deliver prices far below the highs that reigned between the end of 2010 and mid-2014.
  • Mass. Sen. President Rosenberg to Berkshire Gas: Pipeline is dead; lift the moratorium

    04/24/2016 10:30:24 AM PDT · by matt04 · 23 replies
    Massachusetts Senate President Stanley Rosenberg on Wednesday called upon Berkshire Gas to lift its moratorium on new and expanded natural gas service in the region — but a spokesman for Berkshire's parent company, the publicly-traded Avangrid, told The Republican that the moratorium on new hookups would stay in place without a "permanent solution" for additional natural gas capacity in western Massachusetts. ... Berkshire Gas had hoped to purchase capacity on the line. Berkshire's parent company, Avangrid, had also signed on as an investor in the $5-8 billion Kinder Morgan pipeline. Berkshire more than a year ago imposed a moratorium on...
  • How much natural gas does the United States have, and how long will it last? (84 years)

    04/17/2016 8:42:42 PM PDT · by Signalman · 42 replies
    Dept. of Energy ^ | 11/18/2015 | Dept of Energy
    How much natural gas does the United States have, and how long will it last? The U.S. Energy Information Administration estimates that as of January 1, 2013 there were about 2,276 trillion cubic feet (Tcf) of technically recoverable resources of dry natural gas in the United States. At the rate of U.S. dry natural gas consumption in 2013 of about 27 Tcf per year, the United States has enough natural gas to last about 84 years. The actual number of years will depend on the amount of natural gas consumed each year, natural gas imports and exports, and additions to...