According to the latest monthly report released by the Federal Reserve Bank of Chicago, the pace of growth in the overall U.S. economy decelerated in April. The Chicago Fed National Activity Index (CFNAI) for April dropped to -0.45 from a reading of 0.05 in March. The three-month moving average for the index slipped from -0.24
Read More...U.S. oil and gas independent Devon Energy said this morning it’s selling its Canadian assets to Canadian Natural Resources Ltd. for C$3.8 billion ($2.81 billion) in cash, Kallanish Energy reports. Devon is one of several oil producers to invest in the Anadarko Bain’s Scoop and Stack plays in Oklahoma, which is seen by some industry players
Read More...Tom ShepstoneNatural Gas NOW … … Range Resources just put out a 2018 Corporate Sustainability Report that highlights just how fast and how far it has gone in reducing emissions and impacts. We have often noted here how the natural gas industry is always three steps ahead of its opposition with respect to technology and
Read More...U.S. crude oil futures gained nearly 1% Tuesday after flooding throughout the Midwest constricted crude flow from the storage hub in Cushing, Oklahoma, Kallanish Energy learns. U.S. West Texas Intermediate futures settled at $59.14 a barrel, up 51 cents, or 0.9%, from its close on Friday before the long Memorial Day holiday weekend. Flooded areas
Read More...Liquefied natural gas export terminal Cameron LNG is preparing to load its first export shipment of LNG following the arrival of the first LNG tanker at its Louisiana facility, the Houston Chronicle newspaper reported. The Singapore-flagged LNG tanker Marvel Crane arrived in the Calcasieu Ship Channel early Tuesday morning where it later docked at the export
Read More...Last year the second biggest coal-producing state in the U.S. produced more natural gas, as measured by energy content, than coal, according to World Oil. Although it’s situated in the Appalachian Basin near the Marcellus and Utica shale plays, West Virginia has been reluctant to transition to natural gas due to coal’s foothold within its
Read More...Grand Rapids, Mich. — Plastics recycling is undergoing a profound change that will see the industry look much different in the years to come. And those changes are not really that far away, believes Kim Holmes, vice president of sustainability for the Plastics Industry Association. “How the industry looks today, I think is going to
Read More...Mexico City — Food grade recycler PetStar SAPI de CV says its PetStar Reborn product has become the world’s first recycled PET to achieve Cradle to Cradle certification. The Mexican company features on the website www.c2ccertified.org of the Oakland, Calif.-based Cradle to Cradle Products Innovation Institute, which is dedicated to making products “in fundamentally better
Read More...Keep It Grounded In Fact(American Fuel & Petrochemical Manufacturers) Fractivist Governor Cuomo tales two big bites of the Big Apple that continues to elect this corrupt, wannabe Empire State Emperor rather than just Governor. Following the denial of yet another pipeline permit in New York state, National Grid—the nation’s second largest utility—has stopped
Read More...Tom ShepstoneNatural Gas NOW … … The Panama Canal is changing its rules to adapt to LNG, recognizing that American energy dominance is the foundation and future of the Canal itself. A recent article in The Panama Perspective demonstrates how the glorious shale revolution continues to change everything. It reports the Panama Canal Authority (ACP)
Read More...The largest natural gas driller in the Marcellus Shale has made big strides in working towards achieving its ultimate goal of one day releasing zero greenhouse gas emissions, according to the Observer-Reporter. Range Resources released its first Corporate Sustainability Report last week. The 32-page summary detailed the company’s success in reducing emissions over the past
Read More...Victor FurmanUpstate New York Landowner, Shale Gas Activist …. …. Vic Furman tells how “Drill A Gas Well, Bring Home A Soldier” became the slogan of Upstate NY landowners and explains why it’s important this Memorial Day. It was 2009. Three of us, Bryant LaTourette, Sue Dorsey and I were riding home together in
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about renewable natural gas, Atlantic Coast Pipeline, severance tax and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH
Read More...Earlier this month, the Federal Energy Regulatory Commission’s public release of an Environmental Assessment for the Buckeye Xpress Project commenced a 30-day comment period, according to a press release from the USDA Forest Service. Columbia Gas’ proposed project involves 66.1 miles of 36-inch diameter natural gas pipeline in southeast Ohio, which would replace and expand existing
Read More...Tom ShepstoneNatural Gas NOW … … Remember when Cornell’s Bob Howarth proclaimed natural gas was worse than coal due to methane emissions? Well, the latest data says those emissions are down. Methane emissions, about five years ago, became a trendy subject among those desperate to stop natural gas development. They had previously hung their hat
Read More...