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The Economics and Politics of Domestic Energy Production Growth

The good news is America finally has a national energy policy we can believe in.  Even better news is that this national energy policy is being defined, shaped and driven by the markets and the ingenuity of investors, landowners and business people all across America.  The challenge we face is keeping our government out of the way and out of our pockets so that this economic revival and its multiplying economic effect and the low cost energy it is producing can become sustainable. There are at …Continue Reading »

Proving Up Marcellus Shale is a Good News Story

While politicians debate North American energy policy the markets have chosen natural gas as the fuel of the future. The tremendous growth of unconventional shale gas is insuring that future will take place. This is not new news, the EIA Annual Energy Outlook 2011 estimated that the US has 2,543 trillion cubic feet (Tcf) of potential natural gas resources.  That is about 100 years of gas supply at our average annual rate of consumption. As more drilling and unconventional natural gas E&P …Continue Reading »

Unconventional Oil & Gas Technology: America's Strategic Advantage Sweet Spot

One of the “sweet spots” for America’s domestic energy production has been the substantial growth in unconventional oil and gas production.  And while it offers plenty of opportunity it is not for the risk averse. Today, weak natural gas prices especially compared to rising oil prices have combined with a shortage of hydraulic fracturing services due to higher demand is forcing the industry to quickly shift to higher profit oil drilling from lower profit natural gas drilling.  The payoff is …Continue Reading »

Marcellus Shale Fracking Rulemaking Unlocks its Potential

SOURCE: Geology.com Conflicts over the environmental and public safety impacts from hydraulic fracturing and horizontal drilling in the Marcellus shale in New York and Pennsylvania have been growing. New York imposed a moratorium on all shale gas drilling to protect its watershed as did cities in Pennsylvania including Pittsburgh where the City council on November 16 2010 voted to ban drilling within municipal limits. State environmental regulators in both states have been working to identify …Continue Reading »