Posts by News Source | Shale Industry News and Shale Information

Fracking will boost Maryland’s economy

Posted on January 13, 2015 by News Source

Wenonah Hauter’s recent op-ed on the dangers of fracking in Maryland missed the mark completely (“There is no safe fracking, Mr. O’Malley,” Dec. 3). Ms. Hauter argues that Gov. Martin O’Malley “mishandled” the decision to allow fracking in the state. What she fails to acknowledge is that Mr. O’Malley had the state Department of Natural Resources conduct a three-year study…

Feds approve another pipeline expansion to accommodate Marcellus Shale

Posted on January 8, 2015 by News Source

The Federal Energy Regulatory Commission has approved an addition to the interstate Transco pipeline that will help more Marcellus Shale gas get to New Jersey. The Leidy Southeast line is essentially a series of “loops” totaling about 30 miles planned for both Pennsylvania and New Jersey. FERC overruled objections from environmentalists who say the line would damage wetlands and farms….

Marcellus Shale Creating Regional Opportunities, National Growth

Posted on December 19, 2014 by News Source

Safe, job-creating American shale development continues to climb at a “breakneck pace”, according to the U.S. Energy Information Administration’s (EIA) monthly drilling productivity report released recently. And based on EIA’s new data, Reuters reports that our nation’s natural gas production growth is “driven primarily by output from the Marcellus.” President Obama recently highlighted these important shale-related benefits, stating: “We are…

Low oil prices won’t hurt US drilling, feds say

Posted on December 17, 2014 by News Source

By Timothy Cama Oil prices will remain low next year, but not so low as to hurt domestic oil drilling, federal analysts predicted. Crude oil in the West Texas Intermediate benchmark will average $62.75 a barrel next year, down from this year’s $93.82 and last year’s $97.91, the Energy Information Administration (EIA) predicted Tuesday. That has raised concerns among some…

Shale Production Hits 132 Billion Cubic Feet

Posted on December 16, 2014 by News Source

By CASEY JUNKINS Staff Writer , The Intelligencer / Wheeling News-Register ST. CLAIRSVILLE – Energy companies in Ohio produced more than 132 billion cubic feet of natural gas from July 1-Sept. 30, up from 88 billion cubic feet during the previous three-month period, figures from the Ohio Department of Natural Resources show. The 132 billion cubic feet of natural gas…