Tag: Marcellus Shale Natural Gas
2015 natural gas prices down 41%, production up
Natural gas inventories grew late in 2015 Natural gas spot prices in 2015 at the Henry Hub in Louisiana, a national benchmark, averaged $2.61 per million British thermal unit (MMBtu), the lowest annual average level since 1999, according to the US Energy Information Administration. Daily prices fell below $2/MMBtu this year for the first time […]
National Fuel inks Marcellus Shale drilling JV agreement
Seneca, IOG will jointly develop up to 80 Marcellus Shale wells located on 10,500 acres in Clermont/Rich Valley area, Pennsylvania. WILLIAMSVILLE, N.Y. – National Fuel Gas Company says it will develop up to 80 Marcellus Shale natural gas wells located on 10,500 acres in Clermont/Rich Valley area, Pennsylvania. Seneca Resources Corporation, National Fuel’s wholly owned exploration and production […]
White House needs to reset thinking on energy issues
Obama’s Clean Power Plan set to give energy sector huge boost by increasing natural gas sales Comments yesterday from the White House press secretary illustrate nicely the confused thinking about energy on the part of the Obama Administration. White House press secretary Josh Earnest told reporters the President opposes ending the four decade-old ban oil […]
Marcellus gas pipeline through WV forest concerns feds
Proposed Marcellus pipeline travels through national forests RICHMOND, Va. – The U.S. Forest Service has raised hundreds of concerns about a proposed natural gas pipeline that would carve a 30-mile swath through national forests in Virginia and West Virginia. The written comments to federal regulators question why the proposed route of the Atlantic Coast Pipeline has to […]
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