Just a few years ago terminals to import liquefied natural gas were being built on the eastern and Gulf coasts of the United States. Now, these terminals are idle or operating at fractional capacity. Some companies are interested in converting them i…
More at Geology.com.
The United States has an new abundance of natural gas – so much that prices have fallen dramatically. However, natural gas prices in other parts of the world are still relatively high. Should the United States respond by exporting natural gas? What would happen to prices and supplies if enormous quantities of natural gas were exported?
Related: What is LNG [1]?
[1] http://geology.com/articles/lng-liquefied-natural-gas/
More at Christian Science Monitor.
Natural gas production in the Lower 48 states set a new monthly record in January at a rate of 72.85 billion cubic feet a day.
More at FoxBusiness.com.
A Washington Post article explores the impact of natural gas exports on the United States energy economy. Some fear that they will increase the price of gas in US markets and increase the use of hydraulic fracturing.
More at Washington Post.
U.S. petroleum product exports exceeded imports in 2011 for first time in over six decades. [...] The increase in foreign purchases of distillate fuel contributed the most to the United States becoming a net exporter of petroleum products. Quoted from…
More at Energy Information Administration.
Analysts are expecting natural gas prices [1] to continue falling during 2012 as overproduction and slow adoption of the fuel in the transportation and electricity generation industries continues.
[1] http://geology.com/articles/natural-gas-prices/
More at Calgary Hearld.
Since 2000, shale gas production in the United States has increased 17-fold and now comprises about 30 percent of total United States dry production.
More at Energy Information Administration.
An article on Reuters.com reports that Oil India Limited, a public oil and gas company under the control of the Government of India, is interested in buying a stake in the Eagle Ford Shale in the United States as well as stakes in natural gas shales in…
More at Reuters.com.
A growing abundance of domestic natural gas and higher gas prices in other countries place the United States in a position to become a major exporter of liquified natural gas. An article on NASDAQ.com explores a number of events that could prevent tha…
More at NASDAQ.
An article on the MarketWatch website reviews how the United States has rapidly shifted from an importer of natural gas to an aggressive exporter.
More at MarketWatch.
Some people believe that oil and natural gas production in the United States on an energy equivalent basis could reach an all time high – surpassing record levels set in the early 1970′s.
More at Fuel Fix.
Some people believe that the current abundance of natural gas in the United States creates an opportunity to export to locations where gas prices are higher. Others believe that the gas should be kept in the United States to reduce our energy dependan…
More at Reuters.
“Global natural gas prices vary considerably from one region to another. Since the beginning of 2010, North American prices have been relatively low, Asian prices relatively high, and northwest European prices in between.” Quoted from the Energy Information Administration article.
More at Energy Information Administration.
An article in the Houston Chronicle points to the rapidly rising rates of oil production in the United States and Canada. If current trends continue North America could be producing record amounts of oil by 2016.
More at Houston Chronicle.
An article in the Houston Chronicle points to the rapidly rising rates of oil production in the United States and Canada. If current trends continue North America could be producing record amounts of oil by 2016.
More at Houston Chronicle.
An article in the Los Angeles times points to small amounts of natural gas that are lost during drilling and production and asks: What is the climate impact?
More at Los Angeles Times.
Range Resources announced that it has an ethane sales contract for its Marcellus Shale liquid-rich gas being produced in southwestern Pennsylvania. The contract is with NOVA Chemicals Corporation of Canada.
More at Range Resources.
In a poll by Franklin & Marshall College, two-thirds of Pennsylvanians surveyed reported a favorable view of the Natural Gas Industry.
More at FuelFix.com.
Shell Oil Company is interested in developing a large-scale ethylene cracker plant somewhere over the Marcellus Shale of Pennsylvania, West Virginia or Ohio. The plant would process natural gas liquids into a variety of chemical products.
More at Pittsburgh Live.
Chevron CEO, John Watson, says that newly-discovered resources combined with the right government policies could produce an energy renaissance for the United States.
More at FuelFix.
