External Affairs Coordinator, Cabot Oil & Gas
The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM talked about oil, natural gas savings, pipelines and much more last week.
Every Saturday, Kevin Lynn of Linde Corporation and I co-host a morning radio show to discuss all things natural gas. This week we had Gordon Tomb, Senior Fellow, with the Commonwealth Foundation as a guest.
The Shale Gas News is typically broadcast live and our January 30th (click above). We covered the following new territory (see news excerpts below):
- Oil … The Good, The Bad and The Ugly. But consumer spending has not responded to lower gas prices as many expected, with consumers saving a large share of the gains.
- Invenergy Eyes SWPA for Second Marcellus-Powered Electric Plant. A new 550-megawatt natural gas-fired power plant, taking advantage of a serendipitous intersection of a power line, a gas pipeline and low natural gas prices.
- Garbage truck fueled by natural gas explodes in New Jersey. One of the truck’s four natural gas tanks blasted a hole in a nearby home and debris tore a hole in the roof of a neighboring home.
- Natural Gas Delivers Holiday Savings for Consumers. If you spent $152 a month to heat you home last winter it will only cost you only $110 a month this coming winter, and over a five-month span that’s a saving of $210.
- EIA: New Pipelines Continue to Boost Marcellus/Utica Gas Prices. It’s a pretty simple case of cause and effect, and economics 101. If you build more natural gas pipelines from the northeast to other regions, drillers can sell their gas to new markets.
- Bethlehem Area Residents Voice Concerns Over Proposed Natural Gas Pipeline. “Along the pipelines there could be leaks into water and air then you could have explosions and clearly that’s a health and welfare issue,” said Becky Meier from “Stop NY Fracked Gas Pipeline” organization.
- Is Oil’s Drag on U.S. Growth Finally Over? Households, whether still scarred and looking to repair their balance sheets from the lingering damage of the financial crisis or unconvinced as to the durability of these windfall gains, largely socked the savings away rather than boosted their discretionary spending.