ND Sen. Hoeven filing bill on hydraulic fracturing
BISMARCK, N.D. – North Dakota Sen. John Hoeven says he will introduce a bill giving states primary control in regulating hydraulic fracturing, a method of extracting oil and gas. Read more here: http://fuelfix.com/blog/2012/09/19/nd-sen-hoeven-filing-bill-on-hydraulic-fracturing/
Pennsylvania submits its arguments in shale drilling law appeal
Harrisburg — Lawyers representing several state agencies argue in a brief filed Tuesday that appellate judges erred in deciding to overturn a portion of the state’s new Marcellus Shale drilling law. read more here: http://www.post-gazette.com/stories/local/marcellusshale/pennsylvania-submits-its-arguments-in-shale-drilling-law-appeal-651861/
Why America Can Make or Break A New Global Gas World
Matthew Hulbert, Contributor – With summer vacations on the horizon, we thought we’d give Forbes readers with a penchant for natural gas a real treat. I’ve hooked up with fellow European energy analyst, Andreas Goldthau to sketch our thoughts on … Continue reading
Marcellus Shale becoming top US natural gas field
PITTSBURGH — The Marcellus Shale is about to become the most productive natural gas field in the United States, according to new data from energy industry analysts and the federal government. read more here: http://fuelfix.com/blog/2012/08/06/marcellus-shale-becoming-top-us-natural-gas-field/
Cheniere Partners signs off on Sabine Pass investment
(Reuters) – Cheniere Energy Partners LP approved investment plans for the start of a $5 billion U.S. liquefied natural gas export project, which it says could come online in 2015. http://in.reuters.com/article/2012/07/30/cheniere-lng-idINL2E8IUG6620120730
Freeport Signs LNG-Export Agreement With Osaka Gas, Chubu
Freeport LNG Development LP, trying to capitalize on the U.S. advantage in producing natural gas, agreed to process LNG at its proposed plant in southeast Texas for two of Japan’s largest utilities. Read more here http://www.businessweek.com/news/2012-07-31/freeport-signs-lng-export-agreements-with-osaka-gas-chubu
U.S. says Shale gas output rose 24% in May from year earlier
Natural-gas production from shale formations rose in May on increased supplies from the Marcellus deposit even after prices fell to a 10-year low, Energy Department data show. The article from Bloomberg continues here: http://fuelfix.com/blog/2012/07/24/u-s-says-shale-gas-output-rose-24-in-may-from-year-earlier/
Jobs Boom: Shale Gas Industry Employment up 45% by 2015
IHS Global Insight released a study showing that shale gas production will continue to grow and people employed in the shale gas industry will increase by 1 million by 2035. Click on the following link to read the article from the Institute … Continue reading
In role reversal, US on track to be an oil exporter
The contentious debate in Congress over the Keystone XL pipeline obscures one significant detail many Americans don’t realize: In the first three quarters of 2011, we exported more oil than we imported. Read about it here: http://bottomline.msnbc.msn.com/_news/2011/12/19/9557668-in-role-reversal-us-on-track-to-be-an-oil-exporter
Parrott Sims Blog Up and Running
The Parrott Sims Blog is now officially up and running. We hope to consistently provide you with informative news about our firm and its practice areas. Please visit often.
U.S. Government Advises World Demand for Oil and Natural Gas to Increase Over the Next 25 Years
The U.S. government advised last week that the world demand for oil will grow by about 27% over the next 25 years, and that natural gas demand will increase by about 1.6% each year. Read about it here: http://loga.la/oil-gas-news/?p=5433
Parrott Sims Opens New Office in Houston at 1 Riverway
Parrott Sims has officially opened its new offices at 1 Riverway, Suite 2450, Houston, TX, 77056. We look forward to serving your legal needs.