This past April, when Members of Congress introduced the New Alternative Transportation to Give Americans Solutions (NATGAS) Act that provides preferential tax treatment to subsidize the production, use, and purchase of natural-gas vehicles, the propane industry asked, “What about us?” Well, someone was listening, because a little over a month …
Federal authorities have ruled that the drinking water in Dimock, Pennsylvania, which some claimed had been contaminated by nearby natural gas drilling efforts, is safe to drink. The statement lends some factual weight to a political debate wrought with emotion and more than the occasional doom-and-gloom proclamation. Dimock has become …
The Obama administration is approving only 37 percent of the deepwater drilling plans submitted this year — a figure that falls below even last year’s low approval rate. It’s also taking federal bureaucrats an average of 115 days to approve the plans, nearly double the historical average. Greater New Orleans …
Total, Europe’s third largest oil company, announced last Friday that they have made a major gas discovery in the Caspian Sea. The discovery, made in the Absheron block off the coast of Azerbaijan, is thought to have large pockets of gas spread over a 270-square-kilometer field and holds about 350 …
Natural gas prices in the United States have been low in the past few years, and increased estimates in natural gas reserves from shale formations in Pennsylvania, New York, Texas, Oklahoma, Arkansas, and Louisiana are opening opportunities to increase exports to other nations. In some countries, natural gas prices are …
A study released Wednesday, commissioned by the Marcellus Shale Coalition and conducted by three Penn State University energy policy experts, offers a striking view of the massive economic benefits produced by the Marcellus natural gas fields, which stretch from Western New York, through much of Pennsylvania, and into parts of …
According to many experts, the United States stands to be the Saudi Arabia of natural gas production. Last month, the New York Times reported otherwise, questioning the economics of shale gas extraction and overstating the amount of gas available in the vast formation in the United States. The story included …
