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Marcellus Shale Creating Regional Opportunities, National Growth

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

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

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

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Shale Production Hits 132 Billion Cubic Feet

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

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Area Businesses Benefit from Marcellus Boom

Caitlin Cook | The Charleston Gazette, W.Va. The U. S. Energy Information Administration released its U.S. Crude Oil and Natural Gas Proved Reserves 2013 report recently released, showing increases in crude oil and natural gas reserves year-over-year. Local energy businesses say they are already reaping the benefits of increased activity throughout the Appalachian basin. For

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Marcellus Shale fuels lower natural and propane gas prices this winter

Fueled by Marcellus shale development, natural gas prices in the midstate just went down 4.7 percent from summer as winter begins. That will leave natural gas prices about 0.9 percent lower than last winter, according to UGI Gas Service, which serves the midstate. Propane prices are also down, averaging about $1.50-$1.75 per gallon in the

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