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30 января 2014, 15:35

Fracking in the George Washington National Forest?

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An article in the Los Angeles Times reports that many people are concerned about the Forest Service’s plans to allow fracking for natural gas in the George Washington National Forest.

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28 января 2014, 15:46

Rising Productivity from Marcellus Shale Gas Wells

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The January 2014 Drilling Productivity Report from the Energy Information Administration shows how the productivity of newly-drilled natural gas wells in the Marcellus Shale is rising at a rapid rate. Most of this rise can be attributed to improved technology.

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26 января 2014, 16:22

How to Get Local Support for Fracking?

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In the UK, Prime Minister David Cameron wants to win local governments over to hydraulic fracturing. To do that he wants to permit “local governments to keep 100% of the business taxes, some $3 million annually, generated from each well drilled.” Quote from the Chemical & Engineering News.

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26 января 2014, 16:10

Natural Gas at $5.18 on Friday

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Although recent cold weather was part of the driving force, natural gas hit $5.18/MCF on Friday – the highest price since summer 2010.

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23 января 2014, 16:22

$4 or $5 Gas for 20 Years?

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“The report, Fueling the Future with Natural Gas: Bringing It Home, says that the Henry Hub price of natural gas is expected to remain in the range of $4-5 per million British Thermal Units (MMBtu) (in constant 2012 dollars) on an annual average through 2035.

21 января 2014, 23:33

The Next Shale Hotspot?

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Where will the next shale hotspot develop? China? Australia? Argentina? The location with existing infrastructure and the most resource development experience might win.

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19 января 2014, 16:29

Ecuador Oil and Gas Report

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“The smallest oil producing member of Organization of the Petroleum Exporting Countries and fifth-largest oil producer in Central and South America, Ecuador is largely dependent on oil, which represented 76% of the country’s total energy consumption in 2012. Hydroelectric power was the second largest energy source. Natural gas and non-hydro renewable fuels are also important to Ecuador’s energy mix. Ecuador’s hydrocarbon resources are exclusively owned by the state, and changes to Ecuador’s legal framework continue a trend towards policies of resource nationalism.” Quoted from the Energy Information Administration’s country report.

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19 января 2014, 15:55

Workers Needed in the Bakken Formation

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Activity in the Bakken Formation and other energy plays in North Dakota is still creating a demand for more workers than are available. Drillers, welders, truck drivers, mechanics, well service workers, computer scientists, accountants, laborers, carpenters and many other occupations are in high demand.

19 января 2014, 15:40

The Natural Gas Export Primer

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“A substantial increase in natural gas exports could have a number of effects, including increased natural gas and electricity prices, increased gross domestic product, or GDP, and increased production of natural gas through fracking. A debate is therefore unfolding about whether a dramatic rise in export volumes should be prevented or encouraged.” Quoted from the article. Related: What is Liquefied Natural Gas?

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16 января 2014, 17:46

Shale Energy: US vs China

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In the second half of this short video on CNBC.com, Rex Tillerson, CEO of Exxon Mobil, comments on China’s shale gas and shale oil potential. He believes that China has a greater amount of energy locked up in shale than the United States but there are geographic, geological and technical challenges that limit production and distribution.

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16 января 2014, 17:36

Shale Gas Production is Up in China

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The amount of natural gas produced from shale in China during 2013 was about 200 million cubic meters. That is up from the 30 million cubic meters produced in 2012. For perspective, the United States produced about 70 billion cubic meters in October, 2013.

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16 января 2014, 15:35

Natural Gas Saves Water?

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“A new study finds that in Texas, the U.S. state that annually generates the most electricity, using natural gas for electricity generation is saving water and making the state less vulnerable to drought.” Quoted from The University of Texas at Austin press release.