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Keyword: naturalgas

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  • Feds say Eagle Ford and Bakken could lead to end of U.S. oil imports [by 2037]

    04/17/2014 8:32:55 AM PDT · by topher · 20 replies
    San Antonio Business Journal [via Texas Independent Producers and Royalty Org] ^ | Apr 10, 2014, 6:00am CDT | Sanford Nowlin -Reporter- San Antonio Business Journal
    Net oil imports to the United States could plummet to zero by 2037 because of booming production in South Texas’ Eagle Ford Shale and North Dakota’s Bakken Shale, a branch of the Energy Department projected in a new report.
  • Russia and China forge closer ties, as EU explores sanctions

    04/17/2014 1:07:17 AM PDT · by Olog-hai · 5 replies
    EU Observer ^ | 17.04.14 @ 09:29 | Andrew Rettman
    Russia is rolling out two major projects—a gas pipeline and a Crimea deep water port—with China, as EU countries and the US weigh options on economic sanctions. Russia’s ambassador to the EU, Vladimir Chizhov, told EUobserver on Wednesday (16 April) that work on the “Power of Siberia” pipeline and the Chinese construction of a 25-meter-deep port in Crimea are proceeding as normal despite the Ukraine crisis. Describing the pipeline as a “mega-project”, he said it will pump 60 billion cubic meters (bcm) of gas a year from the Kovykta and Tchayandinskoe gas fields to Russia’s far east, with a branch...
  • Drivers aren’t picking up on natural gas-powered F-150

    04/16/2014 1:38:11 PM PDT · by thackney · 65 replies
    Fuel Fix ^ | April 16, 2014 | Ryan Holeywell
    When Ford announced last summer it would sell a version of its F-150 pickup specially made to run on natural gas, many saw it as a watershed moment. Few light-duty vehicles used by everyday consumers are available in a natural gas configuration. Suddenly, the most popular model in America’s best-selling line of vehicles would come in a version that could run on the relatively cheap, clean fuel. But early sales numbers show that the public isn’t exactly clamoring for an F-150 powered by compressed natural gas. Ford readies the trucks for CNG conversion on the assembly line, and contractors later...
  • Oh, that big 1982 Siberian explosion?

    02/03/2004 9:13:42 PM PST · by Valin · 77 replies · 9,333+ views
    WASHINGTON - Intelligence shortcomings, as we see, have a thousand fathers; secret intelligence triumphs are orphans. Here is the unremarked story of "the Farewell dossier": how a CIA campaign of computer sabotage resulting in a huge explosion in Siberia -- all engineered by a mild-mannered economist named Gus Weiss -- helped us win the Cold War. Weiss worked down the hall from me in the Nixon administration. In early 1974, he wrote a report on Soviet advances in technology through purchasing and copying that led the beleaguered president -- detente notwithstanding -- to place restrictions on the export of computers...
  • Engaged Oil, Gas Employees is the Key to Retaining Talent

    04/15/2014 1:35:15 PM PDT · by thackney · 5 replies
    Rig Zone ^ | April 15, 2014 | Robin Dupre|
    Employees in the industry need to be motivated, challenged and awarded to be highly engaged in an industry that is witnessing recruiting and retaining challenges, a panelist discusses. - - - - - As the war for talent rages on in the oil and gas sector, employee engagement is a serious concern on the corporate agenda of every major company, remarked a panelist discussing employee engagement at a Health, Safety and Environment conference hosted by SPE International in Long Beach, California. Employee engagement or an engaged employee is defined as one who is fully absorbed by and enthusiastic about their...
  • Landrieu Reenacts Committee Hearing for Campaign Ad (Phony Hearing for a Phony Candidate)

    04/15/2014 8:40:09 AM PDT · by nhwingut · 4 replies
    The Weekly Standard ^ | 04/15/14 | Michael Warren
    Democratic senator Mary Landrieu of Louisiana is in a tough reelection battle because of her support for Obamacare. So its not surprising her latest TV ad focuses on the one high-profile fight she's had with the Obama administration, over oil and gas exploration. The 60-second spot features people watching Landrieu arguing for expanding energy exploration in Louisiana and criticizing Barack Obama for its restrictionist policies. Watch the video below: Most of the clips the ad features are from her appearances on local and cable TV news. But watch the clips of Landrieu around the video's halfway point. They feature the...
  • North Texas city awaits word on wastewater re-use

    04/14/2014 12:18:05 PM PDT · by topher · 59 replies
    My SanAntonio.com ^ | 13-April-2014 | AP - By BETSY BLANEY
    UBBOCK, Texas (AP) — Wichita Falls is so far behind on rainfall that city leaders are asking state regulators for permission to use treated toilet flushes as drinking water.
  • Oil and gas salaries average $130,000: Survey

    04/14/2014 9:41:30 AM PDT · by thackney · 9 replies
    Calgary Herald ^ | APRIL 9, 2014 | DAN HEALING
    Hays finds most employers expect to pay more, hire more in 2014 Canadian oil and gas worker salaries jumped six per cent to an average of $130,000 US in 2013 and the trend is expected to continue, according to a survey released Wednesday. Furthermore, despite ongoing worries about oil transportation bottlenecks, nearly three-quarters of employers who took part in the survey by global recruiting firm Hays Oil & Gas say they expect their companies will hire more people in 2014. “This past year, the industry has taken a pause,” said John Faraguna, global managing director of oil and gas for...
  • US Pays Half Of Gazprom's Overdue Invoice With $1 Billion Ukraine Loan Guarantee

    04/14/2014 8:00:00 AM PDT · by tcrlaf · 43 replies
    Zerohedge ^ | 3-14-2014 | Tyler Durden
    With Ukraine no longer paying for Russian gaz, and with Gazprom making it clear Kiev has to a) first pay the overdue $2+ billion in invoice and then b) prepay some $5 billion in gas until the end of the year of Europe gets it, it was only a matter of time before the US Treasury stepped in and paid off part or all of Gazprom's demands. That time is now, when moments ago Jack Lew announced a $1 billion loan guarantee for Ukraine - very much the same way that the US provided billions in loan guarnatees for the...
  • Liquefied natural gas shows potential as a freight locomotive fuel

    04/14/2014 5:40:43 AM PDT · by thackney · 15 replies
    Energy Information Administration ^ | APRIL 14, 2014 | Energy Information Administration
    EIA projects that liquefied natural gas (LNG) will play an increasing role in powering freight locomotives in coming years. Continued growth in domestic natural gas production and substantially lower natural gas prices compared to crude oil prices could result in significant cost savings for locomotives that use LNG as a fuel source, according to EIA's Annual Energy Outlook 2014 (AEO2014). Taken together, the 7 major U.S. freight railroads consumed more than 3.6 billion gallons of diesel fuel in 2012, or 7% of all diesel fuel consumed in the United States. The fuel cost more than $11 billion in 2012 and...
  • Ukraine Suspends Gas Payments to Russia

    04/13/2014 9:46:36 AM PDT · by Kaslin · 91 replies
    Townhall.com ^ | April 13, 2014 | Mike Shedlock
    The crisis in Ukraine took a turn for the worse this weekend. Many distinct events are in play. Here are a few top headlines Armed Men Seize Police Station in Slavyansk The Wall Street Journal reports Pro-Russia Protests Spread, Police Station Seized. Pro-Russia protests spread Saturday in eastern Ukraine as armed men, some in unmarked, military-style uniforms, moved to commandeer more government buildings—a dramatic escalation that the Ukrainian government and Washington tied to Moscow. Ukraine's acting president called an emergency meeting of the country's top security officials in the capital, Kiev, as police clashed with attackers in several spots in...
  • Methane: The Irrelevant Greenhouse Gas

    04/13/2014 1:34:42 PM PDT · by Brad from Tennessee · 8 replies
    Watts Up With That? ^ | April 11, 2014 | By Dr. Tom Sheahen
    Q: I read that methane is an even worse greenhouse gas than carbon dioxide, and cattle are a big source of methane emissions. How are they going to regulate that? Not just cattle, but dairy cows as well! That doubles the worry. Fortunately, there is really nothing to worry about, scientifically. The main thing to worry about is over-reacting politicians and another layer of unnecessary government regulations. To understand methane’s role in the atmosphere, first it’s necessary to understand what absorption means. When light passes through a gas (sunlight through air, for example), some molecules in the gas might absorb...
  • Liberation Of Europe From Gazprom Due To Nat Gas Exports Is Nonsense, Cheniere CEO

    04/11/2014 9:38:38 AM PDT · by Rusty0604 · 16 replies
    Zerohedge ^ | 04/11/2014 | Tyler Durden
    Despite the ongoing propoganda machine's push for a bailout plan to 'liberate Europe from Gazprom's claws', The FT reports that the head of Cheniere Energy, which is due to become the US’s first new natural gas exporter next year, said the ability of US energy to save Europe from its dependence on Russian supplies had been overstated. Simply put, as Putin knows all too well (but Obama and his merry men in the mainstream media seem destined to perpetuate), Cheniere's CEO blasts "It’s flattering to be talked about like this, but it’s all nonsense. It’s so much nonsense that I...
  • Lower prices pull down natural gas reserves in 2012

    04/11/2014 8:07:46 AM PDT · by thackney · 3 replies
    Energy Information Administration ^ | April 11, 2014 | Energy Information Administration
    Lower natural gas prices drove down U.S. proved reserves in 2012, despite notable gains in the Marcellus and Eagle Ford shale gas plays. The decline stopped a 14-year trend of consecutive increases in natural gas reserves, according to newly published estimates in EIA's U.S. Crude Oil and Natural Gas Proved Reserves 2012. Proved reserves are volumes of natural gas that geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from known reservoirs under existing economic and operating conditions. Natural gas proved reserves, estimated as wet natural gas that includes natural gas plant liquids, decreased 7%...
  • Natural gas has largest storage withdrawal on record

    04/11/2014 8:02:26 AM PDT · by thackney · 5 replies
    DROVERS CATTLENETWORK ^ | 04/10/2014 | Energy Information Administration
    (For the Week Ending Wednesday, April 9, 2014) Spot prices rose slightly at most hubs for the report week (Wednesday, April 2, to Wednesday, April 9) and went up significantly at the benchmark Henry Hub, following declines the previous week. The Henry Hub spot price rose from $4.35/MMBtu last Wednesday to $4.66/MMBtu yesterday. At the New York Mercantile Exchange (Nymex), the May 2014 contract increased from $4.364/MMBtu on Wednesday to $4.586/MMBtu yesterday. Working natural gas in storage rose to 826 billion cubic feet (Bcf) as of Friday, April 4, according to the U.S. Energy Information Administration (EIA) Weekly Natural Gas...
  • Kremlin aide says Moscow astonished by US elaborations over gas prices for Ukraine

    04/11/2014 5:44:08 AM PDT · by goldstategop · 8 replies
    Itar-Tass ^ | 04/11/2014 | Itar-Tass
    MOSCOW, April 11. /ITAR-TASS/. Moscow is astonished by elaborations in third countries, including the US, on the fairness or unfairness of the prices of natural gas exported to the US in the framework of silence on Kiev’s outstanding debts that are the root-cause of the problem at the moment, Dmitry Peskov, President Vladimir Putin’s press secretary said Friday. “We can only say it’s regrettable that the assessments of the situation voiced on Thursday omitted the main component part of the problem, either inadvertently or purposefully, and this component part is Ukraine’s debt for the gas already delivered,” Peskov said. “It’s...
  • UPDATE 2-Russia warns Europe of gas supply cuts over Ukraine debt

    04/10/2014 9:42:11 AM PDT · by Rusty0604 · 36 replies
    Reuters ^ | 04/10/2014 | Alexei Anishchuk
    MOSCOW, April 10 (Reuters) - President Vladimir Putin warned European leaders on Thursday Russia would cut natural gas supplies to Ukraine if it did not pay its bills and said this could lead to a reduction of onward deliveries to Europe. In a letter to the leaders of 18 countries, he demanded urgent talks with Europe on pulling Ukraine's economy out of crisis but made clear his patience was running out over Kiev's $2.2 billion gas debt to its former Soviet master.
  • IRS Puts Damper On Newer Types Of Energy Partnerships

    04/09/2014 10:31:03 AM PDT · by thackney · 4 replies
    Reuters via Rig Zone ^ | April 09, 2014 | Patrick Temple West; Editing by Terry Wade, Meredith Mazzilli and Ken Wills
    The Internal Revenue Service has temporarily stopped issuing private letter rulings (PLRs) that energy companies sometimes request when setting up master limited partnerships for their tax benefits. Lawyers specializing in the oil and gas sector have said the IRS wants to review the scope of assets that can qualify as tax-free for master limited partnerships (MLPs), which have lured hundreds of billions of dollars from investors seeking high yields. "There has been a pause," IRS Commissioner John Koskinen told reporters on Tuesday at a congressional hearing. He did not say how long the delay would last. "(The pause) is to...
  • General Electric funneling billions into new energy infrastructure

    04/09/2014 8:28:32 AM PDT · by thackney · 9 replies
    Fuel Fix ^ | April 9, 2014 | Collin Eaton
    A natural gas pipeline stretching 435 miles across Mexico’s Yucatan Peninsula is just one piece of General Electric’s multibillion-dollar bid to shore up energy infrastructure in North America, where an oil and gas boom has drawn a wave of investments to new pipelines. GE’s energy investing arm has more than $3 billion tied up in 43,500 miles of pipeline, the largest U.S. liquefied natural gas export facility and other energy transportation and storage ventures. But it has started to shift its attention to early-stage ventures as U.S. and Canadian pipeline operators collect billions for new projects that link remote shale...
  • Oil companies pay $630M in Pennsylvania drilling fees

    04/09/2014 5:35:05 AM PDT · by thackney · 11 replies
    Fuel Fix ^ | April 8, 2014 | Collin Eaton
    Anadarko Petroleum, Chesapeake Energy and others will pay the state of Pennsylvania about $225 million in fees this year for drilling in the gas-rich Marcellus Shale — too little, according to critics of the state law setting the fee say. The fees, enacted in 2012, flow to local governments to fund basic needs like bridges, roads, firefighting equipment and environmental programs. By the end of the year, the recurring charges on nearly 6,500 natural gas wells will have brought more than $630 million to state coffers. “We are building a stronger Pennsylvania by harnessing our abundant resources to create jobs...
  • Half of power plant capacity additions in 2013 came from natural gas

    04/08/2014 6:52:57 AM PDT · by thackney · 7 replies
    Energy Information Administration ^ | APRIL 8, 2014 | Energy Information Administration
    Natural gas-fired power plants accounted for just over 50% of new utility-scale generating capacity added in 2013. Solar provided nearly 22%, a jump up from less than 6% in 2012. Coal provided 11% and wind nearly 8%. Almost half of all capacity added in 2013 was located in California. In total, a little over 13,500 megawatts (MW) of new capacity was added in 2013, less than half the capacity added in 2012. Natural gas. Natural gas capacity additions were less than in 2012, as 6,861 MW were added in 2013, compared to 9,210 MW in 2012. The capacity additions came...
  • Amid showdown with energy-rich Russia, calls rise in Europe to start fracking

    04/08/2014 12:57:07 AM PDT · by Brad from Tennessee · 8 replies
    Washington Post ^ | April 7, 2014 | By Griff Witte and Anthony Faiola
    FERNHURST, England — Europe’s newest weapon in the battle of wills with Russian President Vladimir Putin lies buried deep beneath the ancient oaks and rolling green pastures of this quintessentially English village. There, wedged in the bedrock, lie vast quantities of oil and natural gas — enough, when combined with the spoils of hundreds of other sites like it, to help kick Europe’s addiction to Russian energy. Or so says David Cameron. Ever since Russian forces took hold of Crimea last month, the British prime minister has been leading a chorus of conservative politicians and energy executives in a refrain...
  • Putin's Russia caught in US and Chinese double-pincer

    04/03/2014 5:42:29 AM PDT · by Ivan Mazepa · 17 replies
    The Telegraph ^ | March 26 2013 | Ambrose Evans-Pritchard
    Russia's Vladimir Putin has committed a grave strategic blunder by tearing up the international rule book without a green light from China. Any hope of recruiting Beijing as an ally to blunt Western sanctions looks doomed, and with it the Kremlin's chances of a painless victory, or any worthwhile victory at all. Mr Putin was careful to thank China's Politburo for its alleged support in his victory speech on Crimea. Foreign minister Sergei Lavrov has been claiming with his usual elasticity that “Russia and China have coinciding views on the situation in Ukraine.” This is of course a desperate lie....
  • The Methane Hoax Cranks Up

    04/07/2014 5:29:17 AM PDT · by rktman · 9 replies
    Canada Free Press ^ | 4/6/2014 | Alan Caruba
    Having spent decades trying to convince everyone that carbon dioxide (CO2) was a “greenhouse gas” that was going to cause the Earth to heat up, the same environmental charlatans are now embarking on a campaign to do the same with methane. In the U.S. the first move was announced by the White House in late March.
  • Here's Why Warren Buffett and General Electric Are Betting Big on Natural Gas

    04/07/2014 5:33:14 AM PDT · by thackney · 7 replies
    Motley Fool ^ | March 30, 2014 | Jason Hall
    "Our confidence is justified both by our past experience and by the knowledge that society will forever need massive investments in both transportation and energy." -- Warren Buffett, 2013 letter to Berkshire Hathaway shareholders According to the company's most recent fact sheet, Berkshire Hathaway subsidiary BNSF Railways ships enough coal every year to power 10% of America's houses, and enough crude oil to fill the gas tanks of nearly 650,000 cars every day. Transporting energy is pretty important to BNSF, and BNSF is pretty important to Berkshire, having generated some $3.8 billion in net income in 2013. At the same...
  • Gas boom creates chemical bond between Gulf Coast, foreign firms

    04/07/2014 5:26:04 AM PDT · by thackney · 4 replies
    Fuel Fix ^ | April 6, 2014 | Emily Pickrell
    Foreign companies are making big bets on the Gulf Coast petrochemical corridor, where capital investment is surging because of cheap U.S. natural gas, other lower costs and the existing industry infrastructure. Domestic natural gas and its byproducts including ethane — a building block petrochemical companies use to make plastics and other materials — are low-priced relative to most of the world because of the surge in oil and gas production from U.S. shale plays. The bargain-rate raw material has caused a stampede of recent international investment along the Gulf Coast in Louisiana and Texas, the center of the U.S. petrochemical...
  • Why you shouldn’t bet on higher natural gas prices

    04/06/2014 5:53:39 PM PDT · by thackney · 30 replies
    Stockhouse ^ | April 2, 2014 | Matt Badiali
    In January, 40% of natural gas production in North Dakota went to waste. You read that right. 400 million cubic feet of natural gas was lit on fire and burnt. But that's peanuts compared to how much total natural gas goes to waste every year in the U.S. And it's why I see natural gas prices being low this year... Longtime Growth Stock Wire readers know about the U.S.'s booming oil production in shales like North Dakota's Bakken and Texas' Eagle Ford and Permian Basin. Natural gas is a byproduct of oil production... And the shale plays are producing more...
  • Ukraine Rejects Gas Price Rise Set By Russia

    04/05/2014 6:56:40 AM PDT · by Fennie · 124 replies
    AGI ^ | April 5, 2014
    (AGI) Kiev, April 5 - Ukraine has declared that they will not pay the price of almost 500 dollars per cubic metre for Russian gas, announced recently by the Russian gas consortium Gazprom. Kiev has also accused Moscow of conducting 'economic' aggression'. "Political presure will prove useless, we are not accepting the price of 500 dollars", Ukrainian Prime Minister Arseniy Yatsenuk said during a cabinet meeting. He added: "Russia has not succeeded in conquering Ukraine with military aggression, so now they are opting for an economic aggression."
  • Opponents of natural-gas exports have it all wrong

    04/05/2014 6:20:53 PM PDT · by thackney · 35 replies
    MarketWatch ^ | April 4, 2014 | Diana Furchtgott-Roth
    Opinion: 4 reasons why exporting natural gas is the right thing for America Americans opposed to the export of U.S. natural gas give many reasons for their position. But almost all of them are wrong. The problem is that people underestimate the amount of this country’s natural gas and the potential effect exports could have on the world market. Russia has swallowed parts of Georgia and Ukraine. No one is proposing that America send soldiers to defend those countries, even though we guaranteed Ukraine’s sovereignty in 1994 under the Budapest Memorandum. Instead, we can help our allies by diminishing Russia’s...
  • US warns Russia against gas hikes to hurt Ukraine

    04/04/2014 3:55:33 AM PDT · by wetphoenix · 23 replies
    Washington (AFP) - The United States warned Russia Thursday not to use energy costs as an instrument of political coercion, after Moscow scrapped its last gas price discounts for Ukraine. Russian Prime Minister Dmitry Medvedev earlier announced the move, effectively raising the price by $100 to $485 for every 1,000 cubic meters of gas. Asked about the decision, White House spokesman Jay Carney warned "markets should determine energy prices." "A country should not use supply and pricing terms as tools of coercion to interfere in Ukraine or anywhere else," he said.
  • Moscow Calls on Ukraine to Pay Down Its Gas Debt

    04/03/2014 11:43:05 AM PDT · by Jim Robinson · 2 replies
    ABC News/AP ^ | April 3, 2014 | By NATALIYA VASILYEVA Associated Press
    Russia is tightening its economic screws on Ukraine, ordering Thursday a further increase in the price of gas it sells to the country and asking that past bills — which are growing by the day — be paid. Ukraine, whose economy is on the brink of collapse as it awaits international aid, relies on Russia for almost all its energy. Russia had been giving it discounts on gas as long as the government was willing to have close ties with Moscow. Now that the new government has signed a partnership with the European Union instead, those favors are being pulled...
  • ‘An Historic Opportunity’: Turkish Cypriot Minister Says Reunification Deal Pending (Germany helps)

    04/02/2014 10:13:14 PM PDT · by Olog-hai · 7 replies
    Der Spiegel ^ | April 01, 2014 – 11:17 AM | Suzanne Koelbl
    Negotiations to end the division of Cyprus have been ongoing for years. Now, Northern Cyprus Foreign Minister Özdil Nami tells Spiegel that a deal is close. And he wants Germany to help with reunification. […] “We have asked Germany for support for the process of reunification. Finally, the two parts of Cyprus—the Greek south and the Turkish north—are prepared for this step, after 40 years. It cannot be allowed to fail. It is an historic opportunity.” […] “With the large untapped natural gas reserves off the coast, we could help Europe reduce its dependency on Russia.” …
  • ZUBRIN: The folly of blocking natural-gas exports

    04/01/2014 10:39:49 AM PDT · by thackney · 9 replies
    The Washington Times ^ | 3/31/2014 | Robert Zubrin
    The boom in American natural-gas production during the past several years, and the consequent crash of domestic natural-gas prices, has caused many to call for the liberation of U.S. natural-gas exports. The ongoing Russian invasion of the Crimea and threat to the rest of Ukraine has added still greater urgency to these calls, as the need take action to weaken Russian President Vladimir Putin’s natural-gas stranglehold over Europe has become vital. Despite these economic and national security imperatives, there are still those who maintain that allowing American natural-gas producers to export their product would damage the national interest. According to...
  • ZUBRIN: The folly of blocking natural-gas exports

    04/01/2014 7:07:58 AM PDT · by jmcenanly · 2 replies
    The Washingto Times ^ | Monday March 31, 2014 | Robert Zubrin
    The boom in American natural-gas production during the past several years, and the consequent crash of domestic natural-gas prices, has caused many to call for the liberation of U.S. natural-gas exports. The ongoing Russian invasion of the Crimea and threat to the rest of Ukraine has added still greater urgency to these calls, as the need take action to weaken Russian President Vladimir Putin’s natural-gas stranglehold over Europe has become vital. Despite these economic and national security imperatives, there are still those who maintain that allowing American natural-gas producers to export their product would damage the national interest. According to...
  • How Liquid Natural Gas May Revolutionize Shipping, And Make Goods Cheaper

    03/31/2014 12:36:06 PM PDT · by thackney · 32 replies
    International Business Times ^ | March 29 2014 | Stephen Starr
    At a noisy, bustling shipyard 20 miles south of Istanbul, the world’s second-ever tugboat powered by liquefied natural gas sits at the end of a pier, awaiting its first water trial. “Then it’s off to Norway,” said with no little pride Ruchan Civgin, the contracts manager at Sanmar Shipyard, of the 115-foot vessel. “The first boat left in January.” Further south along the Marmara Sea coast, another shipbuilder is rolling out LNG-powered fish-feed vessels, used to transport feed for fish farms, for international markets. These ships may be the vanguard of a global boom in LNG-powered shipping, produced by the...
  • The Key to the Next Energy Revolution?

    03/31/2014 12:26:07 PM PDT · by neverdem · 21 replies
    ScienceNOW ^ | 13 March 2014 | Robert F. Service
    The Scripps Energy and Materials Center (SEMC)Transformer. A catalyst made with thallium (orange) readily converts methane (gray and white molecule) into liquid methanol, a starting point for producing commodity chemicals and fuels. Natural gas is great at heating our houses, but it’s not so good at fueling our cars—at least not yet. Researchers in the United States have discovered a new and more efficient method for converting the main components in natural gas into liquids that can be further refined into either common commodity chemicals or fuels. The work opens the door to displacing oil with abundant natural gas—and reducing...
  • Neighbors bicker in Pa. over forced gas drilling

    03/31/2014 5:22:00 AM PDT · by thackney · 18 replies
    AP via Fuel Fix ^ | March 30, 2014 | Kevin Begos and Marc Levy
    An energy company is dusting off an old, unused state law that can force property owners to accept oil and gas drilling under their land, pitting neighbor against neighbor in a Pennsylvania community and raising the possibility that lawmakers will have to take sides. Houston-based Hilcorp seeks to use a 1961 Pennsylvania law to drill under the property of four holdout landowners in New Bedford, near the Ohio border an hour north of Pittsburgh. The concept, known as “forced pooling,” means that people who don’t sign leases get bundled in with those who do, to make drilling more efficient and...
  • Can Europe wean itself from Russian natural gas?

    03/29/2014 2:46:30 PM PDT · by Mount Athos · 25 replies
    Washington Post ^ | March 28 | Steven Mufson
    On Thursday ENI’s [Italian oil/gas] chief executive, Paolo Scaroni, was in Washington to meet with Obama administration officials at the State Department and National Security Council to discuss natural gas, Russia and Ukraine. "What is relevant is that this dependency is going to go up and not down because domestic European production [including North Africa] is going down." Scaroni takes a dim view of American LNG as a means to liberate Europe from Russian gas, in part because he says that transporting LNG from the United States to Europe is expensive, Russian gas production costs are very low and Russia...
  • Barrasso Wants To Use Wyo. Gas As Weapon Against Russia

    03/29/2014 3:05:57 PM PDT · by Tailgunner Joe · 28 replies
    wyomingpublicmedia.org ^ | March 29, 2014 | Matt Laslo
    Lawmakers in Washington are debating whether to export more natural gas to combat Russian threats to cut off its gas supplies to Europe. Our D-C reporter Matt Laslo has a look at what that could mean for Wyoming’s economy – and environment… MATT LASLO: Wyoming's junior senator, John Barrasso, made waves when her first came to Washington. And while he's now in the Republican leadership team in the U-S Senate, he's starting to get brushed aside by many reporters and politicians because of his near singular focus on dismantling what he terms Obamacare. But this week lawmakers of all stripes...
  • White House eyes new regulations to cut methane from oil, gas sector (In REGS Ve TRvst)

    03/28/2014 9:23:33 AM PDT · by NormsRevenge · 25 replies
    Yahoo! News ^ | 3/28/14 | Roberta Rampton and Timothy Gardner - Reuters
    WASHINGTON (Reuters) - The White House said on Friday it will take a hard look at whether new regulations are needed to cut emissions of methane from the oil and gas industry, part of President Barack Obama's plan to address climate change. Regulators will start by proposing new rules later this year to reduce venting and flaring from oil and gas wells on public lands, one way to begin slashing emissions of the potent greenhouse gas, said Dan Utech, Obama's top energy and climate aide. Most oil and gas production takes place on privately owned land. The Environmental Protection Agency...
  • Eastern Europe is Pleading for American Made Energy

    03/27/2014 7:53:56 AM PDT · by SeekAndFind · 35 replies
    Townhall ^ | 03/27/2014 | Mike Shedlock
    About the only good coming out of ridiculous tit-for-tat sanctions on Russia is the possibility of revised US energy policy, and Lithuania is pleading for it. The BBC reports Lithuania Pleads for US Gas Exports to Counter Russia Lithuania's energy minister has called on the US Senate to speed up the export of natural gas to Europe. Jaroslav Neverovic said that Lithuania was being forced to pay a "political price" for being entirely dependent on Russian gas supplies. In his statement to a US Senate committee, Mr Neverovic urged members to do everything within their power to release natural...
  • CARSON: Expanding our energy resources serves peace

    03/26/2014 9:13:08 AM PDT · by jazusamo · 8 replies
    The Washington Times ^ | March 25, 2014 | Ben S. Carson
    Changing geopolitics cannot be managed by leading from behindWhile the media have been focused on the missing Malaysian aircraft, massive alterations in the world’s geopolitical terrain are underway simultaneously. The annexation of Crimea by Russia should not have been a surprise for anyone who suspects that President Vladimir Putin is trying to re-establish a powerful Soviet-style empire. When he aggressively attacked Georgia in 2008 after both Georgia and Ukraine failed to obtain NATO admission at the Bucharest Summit, we should have realized that his goals were not limited to one territory. I suspect that he is now calculating an excuse...
  • China seeks strategic foothold in Israel

    03/25/2014 11:25:05 PM PDT · by Olog-hai · 6 replies
    Deutsche Welle ^ | 24.03.2014 | Blair Cunningham
    The continued threat of economic boycotts targeting Israel hasn’t deterred China from forging ahead with a new freight rail link through Israel. The planned link could provide an alternative to the Suez Canal. The project would connect the 300-plus kilometers between Eilat on the Red Sea and Ashdod Port on the Mediterranean. And it could be the chance for China to gain a foothold in the region. …
  • ‘Downton Abbey’ Democrats May Cost their Party the Senate

    03/24/2014 3:12:48 PM PDT · by Second Amendment First · 17 replies
    Daily Beast ^ | 03.24.14 | Lloyd Green
    When it comes to green gentry liberalism, think of an Americanized version of the PBS hit—where everyone knows his or her place, and our betters look best. Last week was a good week for natural gas, but a bad one for green gentry liberalism. John Podesta, a veteran of the Clinton White House who is once again a presidential adviser, tried to explain some energy facts of life to the true-believing liberal base. Still, it’s unclear if Podesta’s intended audience was listening, and that willful blindness may cost the Democrats control of the Senate. Podesta warned that opposition to natural...
  • Message to Moscow? Feds give initial approval for Oregon facility to export natural gas

    03/24/2014 3:02:41 PM PDT · by Berlin_Freeper · 46 replies
    foxnews.com ^ | March 24, 2014 | FoxNews
    The Energy Department gave conditional approval on Monday to an Oregon-based facility to export liquefied natural gas, in a move hailed by the energy industry and congressional lawmakers who want the U.S. to step up gas exports to counter Russian influence. "Given the situation in Ukraine, this license sends a positive signal to our allies and to energy markets that the United States is ready to join the growing global gas trade," Sen. Lisa Murkowski, R-Alaska, said in a statement. Lawmakers on both sides of the aisle for weeks have been pressing the Obama administration to expedite permits for natural...
  • Obama administration ignores eco-radicals, approves another natural gas export terminal

    03/24/2014 2:50:01 PM PDT · by SeekAndFind · 4 replies
    Hotair ^ | 03/24/2014 | Erika Johnsen
    Before today, the Obama administration had only approved six of the more than two dozen pending permit applications for natural gas export terminals for countries with which we do not already have free-trade agreements. In just the past few months, however, the Obama administration has tentatively signaled that they are finally ready to really recognize the boon the recent shale gas bonanza has been for boosting the economy as well as consider the potentially helpful long-term geopolitical benefits that could be reaped from allowing our domestically produced oil-and-gas to flow more freely into the world market — and even of...
  • Texans boost natural gas use for driving, but not for power

    03/23/2014 6:31:58 PM PDT · by thackney · 2 replies
    Fuel Fix ^ | March 21, 2014 | Simone Sebastian
    Texans increased their use of natural gas to fuel cars and trucks in 2013, but reduced its use to power lights and appliances, according to new federal data. Natural gas used for vehicle fuel in Texas jumped by more than 16 percent between 2012 and 2013, data from the U.S. Energy Information Administration show. Meanwhile, less electricity was generated from gas in 2013, down by nearly 7 percent. That reversed a trend seen in recent years as utilities shifted from coal-fired to natural gas-fired power plants to take advantage of low-cost natural gas, with its price in the Untied States...
  • Target U.S.A.: Greens Wage War on American Natural Gas

    03/21/2014 8:27:38 AM PDT · by Hojczyk · 31 replies
    National Review Online ^ | March 20,2014 | Jillian Kay Melchior
    The same environmental groups that fought construction of Keystone XL are launching a new effort to prevent the United States from exporting natural gas. If they are as successful in this endeavor as they have been in delaying the pipeline, the consequences will not be limited to the U.S. economy. Preventing American natural-gas producers from doing business overseas will hamper U.S. foreign-policy goals and slow environmental progress worldwide. On Tuesday, the Sierra Club, 350.org, and 14 other environmental groups wrote to President Obama, claiming that exports of liquefied natural gas would contribute to global warming. They called on him to...
  • Putin looks to Asia as West threatens to isolate Russia

    03/21/2014 3:40:49 AM PDT · by Racehorse · 36 replies
    Reuters ^ | 21 Mar 2014 | Timothy Heritage and Vladimir Soldatkin
    The underlying message from the head of Russia's biggest oil company, Rosneft, was clear: If Europe and the United States isolate Russia, Moscow will look East for new business, energy deals, military contracts and political alliances. The Holy Grail for Moscow is a natural gas supply deal with China that is apparently now close after years of negotiations. If it can be signed when Putin visits China in May, he will be able to hold it up to show that global power has shifted eastwards and he does not need the West.
  • Commentary: Russia and the Ukraine — The Energy Angle

    03/20/2014 5:17:34 AM PDT · by thackney
    Fuel Fix ^ | Amy Myers Jaffe | Amy Myers Jaffe
    Even with all the speculation and debate about Vladimir Putin’s nationalistic motives for Russia’s annexation of the Crimea, there still seems to be room for more thoughtful consideration of the oil and gas aspects of the conflict. Putin may be a nationalist and he may primarily worry about Russia’s national cohesion and periphery but Russia is fundamentally a petro-state and it is important not to forget that fact in analyzing the thorny problem of the Ukraine. Russia relies heavily on oil and gas for its national budget and has been under pressure from the prospects of increased competition. So far,...