News

10.18.12

Fracking will give state a needed boost

Many observers, especially those in the political mainstream, are waiting to see if the governor is so easily influenced by a politically important minority that he is willing to forgo an entire industry that will benefit large swaths of New York and its neediest residents. While national politicians have a knack for pandering, very few have turned down the levels of economic activity that hydraulic fracturing is expected to provide.

 

10.16.12

Fracking supporters rally in Albany

Several hundred supporters of hydraulic fracturing marched outside of the state Capitol on Monday in an attempt to dial up pressure on Gov. Andrew Cuomo. A host of landowner groups and representatives from the natural-gas and construction industries joined Southern Tier elected officials at the rally. Most expressed their displeasure with a recently announced delay to a decision on whether to allow high-volume hydrofracking to proceed in New York.

 

10.15.12

Analysis: Waking giant-Marcellus Shale bullies U.S. gas market

U.S. natural gas prices escaped a rout this summer as record heat helped reduce towering inventory levels. This winter, fierce cold will be needed to help absorb the newest barrage of supply that will again test the limits of an over-supplied market.

 

10.04.12

Cuomo's De-Fracking: New York's Governor favors rich greens over the upstate poor

New York Governor Andrew Cuomo fancies himself Presidential material, but he isn't helping his 2016 credentials with his pusillanimity on natural gas fracking.

 

10.01.12

Review cuts confusion, bias from studies on shale jobs

Studies vary widely on how many jobs oil and natural-gas drilling will bring to eastern Ohio and western Pennsylvania. "It only takes a small assumption to create a result that is much higher or lower," said Matthew Rousu, associate professor of economics at Susquehanna University in Selinsgrove, Pa., and creator of a website designed to evaluate such studies.

 

09.23.12

EDITORIAL: 'Latest anti-drilling claims are so much laughing gas'

The New York Daily News editorial board comes out in opposition to calls by some New York state officials to explore an alleged link between hydraulic fracturing and syphilis.

 

09.18.12

Politics, environmental, global trade issues complicate natural gas exportation

Manufacturers and drillers have been warring over exports for more than a year, but many industry analysts say exporting is inevitable.

 

09.18.12

Natural Gas On The Verge Of A Breakout To $4 As Stars Line Up

The boom in natural gas production that has pushed prices below $2 per thousand cubic feet back in April has planted the seed for a huge correction the other way.

 

09.18.12

High level of methane found in Mohawk Valley well

The Utica, NY Observer-Dispatch reports that the U.S. Geological Survey has released a report on groundwater wells in New York. Of 239 wells surveyed, about 12 were tested in the Mohawk Valley, and one of them was found to have more than 28 milligrams per liter of dissolved methane in the water.

 

09.17.12

Natural Gas: Putting the Pedal to the Metal

The coming U.S. energy boom, spearheaded by new technologies that have enabled us to recover vast amounts of previously inaccessible oil and natural gas from rock formations, will be important for several reasons, not least the nation's competitive advantage in the global economy.