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Saudi Arabia Can't Stop the U.S. Fracking Boom

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Falling oil prices are cutting into U.S. producers’ profits, but analysts say the industry can weather the storm.

December 3, 2014 World oil producers have put oil prices into a free fall, refusing to pare back global supplies in the hopes that low prices will derail the fracking-backed production boom in the U.S. and preserve OPEC's power over world energy markets.

But global analysts are skeptical that the move will work.

The basic reason: Prices remain high enough to keep pumping. "Looking out there, it seems like there's a huge amount of oil that can be produced at $60, $70 per barrel," said Michael Lynch, president of consulting firm Strategic Energy and Economic Research, referring to the prices for Brent crude oil, a global reference point.

Oil prices fell to five-year lows in recent days before rebounding slightly. Brent crude oil is trading at around $70 per barrel, far off the $110 range reached over the summer, while West Texas Intermediate, or WTI ,the main U.S. benchmark, is currently trading in the $67-per-barrel range.

That doesn't mean that the move by OPEC—a 12-nation cartel of oil exporters dominated by Saudi Arabia—won't...

Read more: Saudi Arabia Can't Stop the U.S. Fracking Boom

The Great Energy Debate: Pa. Weighs its Carbon Future

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Pennsylvania has become a veritable microcosm of the energy debate playing out nationwide, experts say.

Anti-fracking demonstrators protest on the steps of the state capitol on Tuesday, May 6, 2014, in Harrisburg, Pa.

Anti-fracking demonstrators protest on the steps of the state capitol in Harrisburg, Pa., on May 6. The Marcellus Shale, a massive natural gas reserve thousands of feet below the ground, stretches across a substantial part of the state and has sparked a sharp debate over whether its economic gains and subsequent environmental concerns can be reconciled.

By Dec. 1...

Read more: The Great Energy Debate: Pa. Weighs its Carbon Future

Russian Money Suspected Behind Fracking Protests

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Read more: Russian Money Suspected Behind Fracking Protests

Crestwood Storage Facility, Affordable Energy, and Radio Show To Listen To...

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Dear Friends and Energy Bill Payers,

Last winter, NY homeowners using propane paid $100 Million more in propane costs because local dealers had to look as far away as Washington State to find enough propane supply. That's because New York’s propane storage infrastructure is in adequate.
 
Fortunately, a propane storage facility has been proposed by Crestwood Midstream (an established energy storage company from Texas) in the Finger Lakes which will prevent future propane shortages and price...

Read more: Crestwood Storage Facility, Affordable Energy, and Radio Show To Listen To...

Andrew Cuomo can check Pennsylvania to see fracking debate play out in real life

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In an old industrial town just miles south of New York's border and surrounding Bradford County, the benefits of fracking — a controversial method of extracting natural gas from shale rock underground — are clear.

BY NEW YORK DAILY NEWS   Saturday, November 15, 2014, 7:01 PM    
 

TOWANDA, Pa. — As he weighs perhaps the most contentious decision of his administration, whether to allow drilling for natural gas upstate, Gov...

Read more: Andrew Cuomo can check Pennsylvania to see fracking debate play out in real life

DEC issues permit for Finger Lakes gas storage project

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By Scott Waldman on 11/10/2014 in Capital

ALBANY—The state Department of Environmental Conservation on Monday issued a draft permit for propane and butane storage in the Finger Lakes region, a proposal that has languished for five years.

Though more state approvals are needed before construction can begin, the permit, though only a draft and still subject to change, is the first movement on the proposed facility in years. Houston-based Crestwood Midstream wants to store 88 million gallons of...

Read more: DEC issues permit for Finger Lakes gas storage project

Propane storage urged in caverns

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This propane storage is far more important than you would be lead to believe by the (obstruct everything related to energy )crowd.  Last winter upstate New York propane users were taken to the cleaners because there were inadequate supplies in the North Eastern US so all necessary propane was purchased from the Northwest and sold to the Northeast at highly inflated prices. Once again we are being obstructed by a very vocal minority at the expense of the long suffering silent majority...

Read more: Propane storage urged in caverns

Skelos Set to Push Charters, Tax Cuts and Fracking After Senate Gains

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BY: Jillian Jorgensen |

State Senate Republican Leader Dean Skelos has plenty of priorities on his list for the next session in Albany — and unsurprisingly, repealing the Urstadt Law, hiking the minimum wage and other priorities pushed by Mayor Bill de Blasio and progressives who had hoped to flip Senate control don’t seem to be among them.

Mr. Skelos, whose party won enough seats last week to hold an outright majority in the State...

Read more: Skelos Set to Push Charters, Tax Cuts and Fracking After Senate Gains

Has Upstate New York Been Heard?

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Dana Knowles     Steuben County Land Owners Coalition  11/7/14  found in NGN.Org

The Upstate New York election results tell us more than anything else just how supportive the Marcellus Shale region of the state is of gas drilling.

I live in Upstate New York, in Steuben County, which is part of the Southern Tier region. The last few months I have traveled many of the back roads from Binghamton to Rochester to Jamestown. I saw thousands of signs for Astorino...

Read more: Has Upstate New York Been Heard?

Election 2014: Thanks for the Wins , Natural Gas Supporters Send Clear Mandate in the Southern Tier

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Dear Friends and Natural Gas Supporters,
 
Overall the results of the election were very favorable for our interests.
 
I extend my deepest and most sincere thanks to everyone who helped spread the word and turned out to vote. Thanks to you we now have a Republican State Senate and many supportive county and town board level representatives.
 
More importantly we sent a clear mandate that Natural Gas production is strongly desired in our areas and across the state...

Read more: Election 2014: Thanks for the Wins , Natural Gas Supporters Send Clear Mandate in the Southern Tier

EPA Further Delays Hydraulic Fracturing Study As Controversy Builds

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November 05, 2014 in Breaking Energy

EPA’s current estimate of the completion time for a draft of its study of the risks posed by hydraulic fracturing (“fracking”) to drinking water is now projected by the agency to be developed in early 2015. This is based on comments in a letter originating from EPA’s Region 8 office stating that the study on the risks posed by fracking to drinking water won’t reach draft final form until “early 2015”. [Region 8...

Read more: EPA Further Delays Hydraulic Fracturing Study As Controversy Builds

A Reasonable Energy Plan to Keep the Economy Humming

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November 05, 2014 in Bloomberg Business Week

The drive to increase U.S. shale-gas production, so vital to our manufacturing revival, is running into heavy political flak from several quarters. Some oppose expanded use of carbon-based fuels—even reasonably clean fuels, such as natural gas; others are concerned primarily about the effects of “fracking;” and there is always the Nimby (Not in my back yard) crowd.

There’s not much anybody can say or do to satisfy the...

Read more: A Reasonable Energy Plan to Keep the Economy Humming

Republicans won big by embracing energy, industry group says

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Folks this article is from an energy based publication and is on our site because this is not information likely to be compiled or published by our local news sources. The fact is that the many of us understand the tradeoffs involved in pushing for absolutes (like passive energy only) that push our (NY)cost of energy beyond comfort for many if not most people who live on fixed incomes. Although it is sometimes pleasant to dream of the ideal energy scenario, sooner or later you must come back to...

Read more: Republicans won big by embracing energy, industry group says

Natural Gas Supporters Send Clear Mandate in the Southern Tier

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BINGHAMTON – November 5, 2014 The Joint Landowners Coalition of New York released the following statement on the 2014 elections.  

JLCNY President Dan Fitzsimmons said: The results are in and, once again, the elections showed that the Southern Tier is overwhelmingly in favor of natural gas development!  We are the most educated about the risks and benefits of development; we see first-hand the experience from our neighbors in Pennsylvania; and we are tired of paid activists from...

Read more: Natural Gas Supporters Send Clear Mandate in the Southern Tier

How Anti-Fracking Activists Deny Science: Public Health

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   ,

In Part III of our multi-part series exploring how anti-fracking activists sow the seeds of doubt on the safety of shale development (see also Part I and Part II), we look at the ongoing debate over public health.

Anti-fracking groups are increasingly focused on public health issues, specifically those that may or may not be related to shale development. Primarily based on air emissions, the “health issue” has also...

Read more: How Anti-Fracking Activists Deny Science: Public Health

No property tax increase proposed for Washington County residents

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By Barnbara Miller in The Observer-Reporter.com

Several years ago, Washington County Parks and Recreation Director Jeff Donahue went into a budget hearing armed with figures from projected natural gas well revenues in Cross Creek park.

The numbers were so large some who heard them dismissed his projections as pie in the sky.

It turned out Donahue was correct, and while many levels of government struggle to raise revenue, Washington County and its income from wells in the Marcellus Shale...

Read more: No property tax increase proposed for Washington County residents

New York's LNG Regulations, Favorable Momentum Going into Elections

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Dear Friends and Natural Gas Supporters,

 
Below is a copy of the JLCNY's latest press release recently distributed in reaction to the recently proposed regulations that would once enacted allow Liquefied Natural Gas (LNG) storage in volumes adequate to support the development of refueling stations for NG powered vehicles in NY!
 
We will be distributing information about a comment period related to the proposed regulations soon after the election. In the mean time please...

Read more: New York's LNG Regulations, Favorable Momentum Going into Elections

ASTORINO RALLY in Binghamton, Friday 31, 11 AM, and Election Recap

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Dear Friends and Natural Gas Supporters,
 
I received the following highlighted rally information just a short while ago from Rob Astorino's campaign manager. I hope all landowners can turn out to support Rob Astorino and Chris Moss's final drive to the Governorship and Natural Gas development in NY! I'm looking forward to being there myself!
 
 
I'm excited to share that we're holding a pre-election day rally with Rob Astorino and Chris Moss in Binghamton on Friday at 11 AM at the...

Attachments:
FileDescriptionFile size
Download this file (Astorino-Moss Victory Rally Flyer.10.27.14.pdf)Astorino-Moss Victory Rally Flyer.10.27.14.pdf 54 kB

Read more: ASTORINO RALLY in Binghamton, Friday 31, 11 AM, and Election Recap

Debate and Endorsements Information to Share

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2014 ELECTIONS

On Wednesday October 22, 2014, Andrew Cuomo, Rob Astorino, Howie Hawkins and Michael McDermott appeared in Buffalo for the only gubernatorial debate scheduled for this election.

 
On the issue of hydraulic fracturing, Rob Astorino and Andrew Cuomo said:
 
Rob Astorino:
    • I will move forward within the first 90 days of my administration.
    • I won’t be politically paralyzed by this issue as the Governor has been.
    • 35 states have this opportunity and 34 are...

Read more: Debate and Endorsements Information to Share

Opinion: Rebutting The Climate Change Argument ( The Bronx?)

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by Joe Massaro   10/15/2014 in Norwood News  Breaking Bronx 

A recent letter to the editor by Diana Pedi titled, Climate Change Happens in The Bronx Too took aim at fracking even though it’s thanks to fracking and the increased use of natural gas that the U.S. has significantly lowered greenhouse gas emissions.

According to Pedi, fracking is to blame for climate change because, “fracking releases methane.” That claim has been directly contradicted by the EPA, which just...

Read more: Opinion: Rebutting The Climate Change Argument ( The Bronx?)

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