The amount of natural gas being imported from eastern Canada into the United States has dropped to about 1/2 of the average of the previous five years.
More at Energy Information Administration.United States
Foreign Investments in US Shale
Since 2008, foreign companies have entered into 21 joint ventures with U.S. acreage holders and operators, investing more than $26 billion in tight oil and shale gas plays.
More at Energy Information Administration.
Plummeting Gas Share from the Gulf of Mexico
The Energy Information Administration reports on the falling natural gas production rates from the Gulf of Mexico and the plummeting share of United States natural gas being produced in the Gulf.
More at Energy Information Administration.
Slow Expansion of Tight Oil Beyond the USA
A VP of Statoil says that tight oil will not expand as rapidly in many parts of the world as it has in the United States because they don’t have entrepreneurial companies and private land ownership.
More at FuelFix.
Foreign Resource Ownership and Energy Security
Are major acquisitions of North American oil and gas assets by a Chinese state-owned company a threat to the energy security of the United States and Canada? Some members of Congress and the energy industry do not like the potential transaction.
More at Toronto Star.
Rising Energy Production in the USA
In the past few years the primary production of natural gas, crude oil, natural gas liquids, wind energy, biomass and other renewables are rising.
More at Energy Information Administration.
The Upsides of Exporting Natural Gas
An article on Bloomberg.com explores how natural gas exports can improve the United States’ trade deficit and improve the economy.
More at Bloomberg.
Natural Gas Imports Are Falling!
The Energy Information Administration’s Monthly Energy Review contains data that shows how rapidly natural gas imports are falling.
This drop is in response to the rapid development of natural gas from shale [1] in many parts of the United States.
[1] http://geology.com/energy/shale-gas/
More at Energy Information Administration.
Natural Gas Imports are Falling
After increasing from 1985 through 2007, natural gas import levels are starting to fall rapidly. Graph by the Energy Information Administration.
More at Energy Information Administration.
$1 Billion/Day in Oil and Natural Gas Benefits
A Bank of America Merrill Lynch study reports that new domestic oil and natural gas production is bringing a billion dollars in benefits to the United States every day.
More at USA Today.
Slow Increase in Natural Gas Consumption
Even with massive natural gas discoveries in the United States over the past few years, consumption is increasing very slowly. The Energy Information Administration has consumption data and charts on a monthly and annual basis going back to 1950.
More at Energy Information Administration.
CO2 Emissions and Current Fossil Fuel Use
The International Energy Agency has an article about global carbon dioxide emissions. During 2011 they increased by 1.0 Gt to a new record high. Some quotes:
* “What China has done over such a short period of time to improve energy efficiency and deploy clean energy is already paying major dividends to the global environment”
* “India’s emissions rose by 140 Mt, or 8.7%, moving it ahead of Russia to become the fourth largest emitter behind China, the United States, and the European Union.”
* “Despite these increases, per-capita CO2 emissions in China and India still remain just 63% and 15% of the OECD average respectively.”
More at International Energy Agency.
Water Quality and Hydraulic Fracturing
“The effects of unconventional oil and gas development and production on regional water quality have not been previously described despite the fact that oil and gas development in the United States began nearly 150 years ago, and more than 4 million oil-and gas-related wells have been drilled with an increasing trend in the use of hydraulic fracturing.” Quoted from the USGS Fact Sheet
More at USGS.
Why is Natural Gas so Cheap?
An article on the San Francisco Chronicle website explains why the price of natural gas has been so low this year.
More at San Francisco Chronicle.
Exporting Natural Gas as LNG
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.
Should the United States Become a Natural Gas Exporter?
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.
Record Natural Gas Production from the Lower 48
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.
Impact of Natural Gas Exports on the US Energy Economy
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.
The USA as a Net Energy Exporter
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.
Lower Natural Gas Prices Expected
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.
Shale Gas Increases 17X
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.
Oil India Wants an Eagle Ford Shale Stake
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.
The United States as a Major Exporter of Natural Gas
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.
LNG Exports from the United States
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.
US Oil and Gas Production at an All Time High?
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.
Should US Natural Gas Be Exported?
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.
Natural Gas Price Extremes
“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.
Record North American Oil Production by 2016?
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.
Record North American Oil Production by 2016?
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.
Climate Impact of Fugitive Natural Gas?
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.
Marcellus Shale Ethane Contract
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.
Pennsylvanians: Favorable View of the Natural Gas Industry
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: An Ethylene Cracker Plant for the Marcellus Shale
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.
USA “Energy Rennaissance”
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.
