From the U.S. Energy Information Administration today:
U.S. retail regular-grade gasoline prices continue to decline, averaging $2.09 per gallon (g) as of November 23, 73 cents lower than this time last year and the lowest heading into a Thanksgiving holiday weekend since 2008.To read more or comment...
From Energy in Depth-Ohio, a pro-drilling trade group:
by Jackie Stewart
firstname.lastname@example.org, Canfield, Ohio
Ohioans have much to be thankful for this year. Not only has shale investment brought over $33 billion to the state (creating thousands of jobs and millions in tax revenues), but this holiday season, travelers can be especially thankful for cheap prices at the pump.
Today, drivers from across the state have seen gas prices have fall to six year lows, dipping under $1.50 in some areas, a drop of more than 20 cents in just one week. In the Cincinnati area, gas prices have dropped 62 percent! That’s not the only good news this holiday season, either. The drop in gas prices means consumers will save a reported $7 billion at the pump during this holiday season, or about $40 per driver. So, feel free to invite your in-laws over for Thanksgiving, as this saving means Thanksgiving dinner for 8 people, according to the Farm Bureau. The Cincinnati Enquirer quoted Patrick DeHaan, a petroleum analyst for Gasbuddy, who said,To read more or comment...
From a recent press release:
ScottMadden, Inc., one of North America’s leading energy consulting firms, recently released its latest edition of The Energy Industry Update. This semi-annual publication offers our inside view of major events and emerging trends in the energy industry.
This edition of ScottMadden’s Energy Industry Update looks at the natural gas industry, in particular how ever-increasing gas resources can find adequate infrastructure to make their way to market.To read more or comment...
From Energy in Depth-Ohio on federal hearings to allow drilling in the Wayne National Forest in southern Ohio:
by Jackie Stewart
email@example.com, Canfield, Ohio
Last week, the Bureau of Land Management (BLM) held three public meetings regarding leasing federal minerals located in the Wayne National Forest (WNF). The meetings were held over a course of three days: the first meeting took place in Marietta, followed by Athens, and Ironton, Ohio. EID attended all three meetings in their entirety and witnessed, firsthand, how radical activists made a mockery of the opportunity to give public comment.
If the BLM thought the Athens meeting would go similarly to the first meeting in Marietta, where impacted citizens took the time to ask questions and submit public comment, they were sadly mistaken. In fact, the second meeting in Athens, a known anti-fracking activist hot bed, was the exact opposite of the previous night in Marietta. In fact, activists’ behavior got so out of hand at the Marietta meeting that BLM had to shut down the meeting early.To read more or comment...
From a press release today:
Egypt’s Zohr Gas Field Could Boost Other East Mediterranean Projects, says GlobalData
LONDON, UK (GlobalData), 24 November 2015 - With the giant Zohr gas field in Egypt expected to come online by 2018, and President Abdel Fattah Al-Sisi agreeing to remove any political obstacles to Eni commercializing the field, the stage is being set for a wider regional development plan catalyzing other projects in the east Mediterranean, according to research and consulting firm GlobalData.
The company’s latest analysis indicates that Zohr will yield an internal rate of return of 25%, assuming a flat gas price of $5.88 per thousand cubic feet and recoverable reserves of 22 trillion cubic feet (tcf), justifying a fast-track development.To read more or comment...
Reserves of oil and natural gas in the United States shot higher last year, according to government data released Monday, setting records that reveal the extent to which a decade-long drilling boom has transformed the energy landscape.
Proved reserves of natural gas rose by 34.8 trillion cubic feet (tcf), or 10 percent, to a record high of 388.8 tcf in 2014, while oil reserves rose 3.4 billion barrels, or nine percent, to 39.9 billion barrels, the highest since 1972, the Energy Information Administration said in a statement.
The EIA describes proved reserves as oil and gas that can be extracted using current technology and under today's economic conditions.To read more or comment...
A Houston-based law firm s closing its Pitstburgh office after six years, due to the decline in oil prices and the slowdown in drilling, the Pisttburgh Business Times reports.
The Dec. 31 closure was announced by Burleson LLP.
Click here to read more.To read more or comment...
Pittsburgh-based EQT Corp. has been battling with Pennsylvania Department of Environmental Protection Agency since 2012 over a leaky impoundment in Tioga County.
Now the case goes to the state Supreme Court.
Click here to read more from the Baker Hostetler law firm.To read more or comment...
From a Monday press release:To read more or comment...
Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.
Rig Count Interactive Map by Baker Hughes, an energy services company.
Shale Sheet Fracking, a Youngstown Vindicator blog.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.
Concerned Citizens of Medina County, a grass-roots group.
No Frack Ohio, a Columbus-based grass-roots group.
Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.