There are many aspects of the natural gas industry that makes it extremely interesting. The technology to know where and how to drill for natural gas and the sophisticated equipment used makes the industry a fascinating one to witness. However, none of that would have been possible in the Marcellus Shale region without first acquiring the right to do so from individual landowners via leasing.
Advances in hydraulic fracturing technology have powered the American natural gas boom. And now hydraulic fracturing could be increasingly powered by the very fuel it has been so successful in coaxing up from the depths. Oil- and gas-field companies from Pennsylvania to Texas are experimenting with converting the huge diesel pump engines that propel millions of gallons of water, sand and chemicals thousands of feet down well bores to break apart rock or tight sands and release the natural gas trapped inside.
Detroit is beginning to produce vehicles that can run on both natural gas and regular gasoline. Anyone who has natural gas service in their home can tap off the same gas line to gas up their vehicle - at least until more commercial natural gas stations are established. Those facts make shale natural gas even more important to states that can produce it.
In the backyard of the Marcellus Shale natural gas formation, another petroleum retailer is entering the natural gas business. This Friday, Dandy Mini Marts is debuting its first compressed natural gas (CNG) fueling location in a grand opening at its Towanda, Pa., c-store, with local dignitaries and industry representatives in attendance. The site - said to be the first public CNG fueling site in Northern Pennsylvania - has been open for the past month, with a second site under construction in Sayre, Pa., due to open around the beginning of March, and third location slated for Elmira, N.Y.
IGS Energy says it will build and operate a $10 million network of compressed natural gas fueling stations for vehicles along Interstate 79 from Charleston, W.Va., to Mount Morris in Greene County. The plan the Ohio-based company announced Thursday calls for stations in Bridgeport, Charleston and Jane Lew, along with the one in southwest Pennsylvania.
The Center City steam loop, source of the Dickensian sidewalk vapor clouds that have warmed the soles of generations of pedestrians, does not normally evoke images of a modern energy system. But in the last two years, the system's owner, Veolia Energy, has quietly upgraded its century-old power plant in Grays Ferry to reposition the nation's third-largest district heating system as an environmentally friendly energy source. Veolia is calling it "green steam."
Are you a researcher, entrepreneur, or innovator working in the shale gas space in Pennsylvania? The Ben Franklin Shale Gas Innovation and Commercialization Center www.sgicc.org announced today the program will award a total of $75,000 in cash prizes for the three best shale gas-oriented innovations, new product ideas, or service concepts that are either in the development stage or recently launched. In addition to the cash prizes, successful applicants will gain exposure to investors, potential partners, and industry sponsors.
Shale Gas Will Fuel a U.S. Manufacturing Boom Chemical producers abandoned the U.S. in droves. Cheap natural gas is luring them back.
People predicting a manufacturing renaissance in the United States usually imagine whirring robots or advanced factories turning out wind turbines and solar panels. The real American edge might be in something entirely more mundane: cheap starting materials for plastic bottles and plastic bags. The plummeting price of natural gas, which can be used to make a vast number of products, including tires, carpet, antifreeze, lubricants, cloth, and many types of plastic, is luring key industries to the United States.
State environmental regulators are willing to sign legal agreements with gas companies to help them use mine drainage in drilling operations without the risk of long-term problems, according to a guidance paper the state issued on Wednesday. State officials want to encourage the use of mine drainage in drilling to help clean up that statewide water pollutant and issued a long-awaited eight-page document to detail the process.
Marcellus Shale drillers who have had to cut costs and disassemble rigs because of recent record-low natural gas prices should expect a reprieve over the next two years, according to the latest projections from the U.S. Energy Information Administration. The average price of natural gas is expected to increase by almost a dollar in 2013, hitting $3.74 per million British thermal units.