External Affairs Coordinator, Cabot Oil & Gas
The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, talked about using LNG as marine fuel, pipeline companies, natural gas exports and much more last week.
The Shale Gas News, typically, is broadcast live. On our July 16th show (click above), we covered the following new territory (see news excerpts below):
- PA’s Biggest NatGas Power Plant to Buy Gas Based on Electric Price. What Invenergy will pay will be (mostly) based on the price it receives for the electricity it produces.
- Utica, Marcellus shale producing wells at historic highs, Cleveland Fed says. “The number of rigs operating in the Marcellus and Utica Shales was little changed during this reporting period. “Nonetheless, the number of producing wells and regional natural gas output both remain at historic highs.
- Colorado Study Proves Fracking Doesn’t Contaminate Groundwater. In looking at levels of dissolved methane in groundwater both before and after fracking began, the researchers found, “The rate [of groundwater methane] did not change after the introduction of horizontal drilling combined with high-volume hydraulic fracturing in 2010.”
- Obama’s Top Science Advisor: Keep-it-in-the-Ground Movement “Unrealistic”. John Holdren, rejected the movement’s ideology, calling it “unrealistic” in his opening statements at the Energy Information Administration’s annual conference Monday.
- Industry majors unite to back LNG as marine fuel. The shipping industry, despite being the world’s cleanest form of transport it is a significant contributor to global greenhouse gas, sulphur oxides and nitrogen oxides emissions.
- Jim Cramer — Pipeline Companies Are Making a Comeback. Cramer noted that pipeline companies are starting to come back. Shares of Williams are still down 13.5% on the year but the stock is up roughly double from its February lows.
- EIA Says NatGas-Fired PowerGen to Reach New Record High in 2016. Natural gas had long been the second-most prevalent fuel for electricity generation behind coal. Natural gas-fired generation first surpassed coal generation on a monthly basis in April 2015.
- US to Become Net NatGas Exporter in 2017, 1st Time Since ’57. The United States is on track to export more natural gas than it imports; this will occur during the second half of next year as more liquefied natural gas export capacity comes online.
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