Natural Gas

Marcellus drilling boom could be restrained by infrastructure problems

Source: 
The Wall Street Journal

A lack of pipeline space is creating a gas glut in the Marcellus Shale, which is depressing prices and may end up forcing drillers to trim their operations, The Wall Street Journal reports.

NY to see fracking study within weeks: Cuomo

Source: 
WIXX

During Wednesday night’s gubernatorial debate in New York, Gov. Andrew Cuomo said the study on the health impacts of fracking, which was started back in 2012, should be completed before the end of the year, WIXX reports.

November vote coming on Kinder Morgan merger

Source: 
FuelFix

Kinder Morgan’s $44 billion move to combine its companies will go to shareholders for a vote Nov. 20, the company said Wednesday, claiming the step “paves the way for superior growth,” FuelFix reports.

Another court session for Pa. fracking opponent

Source: 
NPR

Cabot Oil & Gas and Vera Scroggins return to court in Pennsylvania next week in another chapter of their long-running legal fight, with the 63-year-old anti-fracking activist potentially facing fines or time in prison, NPR’s StateImpact Pennsylvania reports.

Fracking an issue in NY gubernatorial debate

BUFFALO, N.Y. (AP) — Democratic Gov. Andrew Cuomo and his Republican challenger traded insults and clashed over the economy and corruption Wednesday while two third-party candidates worked to get traction in the only scheduled debate in the governor's race.

Cuomo noted that Rob Astorino, the Westchester County executive, has been questioned over a housing desegregation settlement in his home county and said his views are too conservative to lead New York state. He said his administration has energized the economy, cut taxes and reduced government gridlock.

Green Party candidate Howie Hawkins, who came in third in the 2010 race, voiced opposition to hydraulic fracturing and said the state needs to raise the minimum wage to $15 an hour.

House Oversight and Government Reform Committee photo

EPA IG Elkins won't yield to Inhofe on fracking review

The Environmental Protection Agency's internal watchdog isn't backing down in the face of pressure from a prominent Republican senator to drop his review of state and federal oversight of hydraulic fracturing.

Sen. James Inhofe, R-Okla., on Oct. 2 renewed his demand that EPA Inspector General Arthur A. Elkins Jr. suspend the review. He said it duplicated a groundwater impact study already underway by EPA, which was ordered by Congress.

In a response letter to Inhofe dated Oct. 16 that was released Tuesday, Elkins said he would not stop the review.

EU’s Oettinger hopes for gas deal within a week

Source: 
The New York Times

Talks between Russian and Ukrainian officials in Brussels Tuesday failed to produce a gas deal, but the issue remains on the table and EU Energy Commissioner Guenther Oettinger would like to see an agreement – which would secure gas supplies for Europe this winter -- signed next Wednesday, The New York Times reports.

Crestwood to seek binding contracts for New England pipeline

Source: 
FuelFix

Crestwood Midstream Partners says it will start seeking binding contracts in November for its proposed 30-mile MARC II natural gas pipeline in New England, having attracted nonbinding commitments for 700 million cubic feet per day already, FuelFix reports.

Cyprus to block Turkey's EU bid over gas dispute

NICOSIA, Cyprus (AP) — European Union member Cyprus will oppose any progress in Turkey's ongoing talks to join the 28-nation bloc in response to a Turkish gas search in waters where Cyprus has already licensed companies to drill, an official said Tuesday.

The move is one of several new measures that the Cypriot government unveiled after accusing Turkey of stepping up its violation of the small country's sovereign rights by dispatching a research ship off its southern coast.

Natural gas prices at 11-month low

Source: 
Platts

Monday’s settlement for November natural gas futures on the Nymex – down 9.6 cents to $3.67 per million British thermal units – represents an 11-month low, and analysts told Platts a mild weather forecast for the month will likely reinforce the sluggish trend.

Pages

Subscribe to Natural Gas