natural gas

12:28pm

Mon October 8, 2012
Energy

USGS releases Utica Shale reserves estimate

A USGS map of the Utica Shale, the red shows areas with natural gas reserves, the green shows oil reserves.
USGS

The U.S. Geological Survey released its first reserves estimate for the Utica Shale last week.

The federal agency estimates that the Utica holds about 38 trillion cubic feet of recoverable gas and 940 million barrels of oil.

According to the USGS press release:

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4:08pm

Wed September 19, 2012
Energy

Decision on natural gas exports delayed

Among the arguments against hydrofracking in New York State and across the U.S. is that drillers will be taking the gas from New York and elsewhere and exporting it to countries like China and India, throwing a giant wrench in the argument that fracking is the path to energy independence.

But it's not clear that much gas will be exported.

Department of Energy approval is required before gas can be sent to countries where the U.S. does not have a free trade agreement. With the price of natural gas at around $3.00 in the U.S., the debate is raging over whether gas companies should be able to export their product.

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10:18am

Sun September 16, 2012
Special Investigation

Southern Tier communities at the crossroads

The economy in Deposit has relied on natural resources since its founding more than 200 years ago.
Matt Richmond WSKG

You can hear the full version of the documentary "Deposit at the Crossroads"  here or download the audio for personal or research purposes from our soundcloud page.* 

All signs point to fracking coming to New York eventually, and when it comes, it'll start in the Southern Tier. That's what we've gotten from Albany so far.

The big open question is when.

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4:46pm

Mon May 7, 2012
Natural gas

From New York to Wyoming, a busy week in fracking news

In the debate over hydrofracking in New York State, there are few impartial observers.
Matt Richmond WSKG

The past few days have been busy ones in the world of natural gas extraction:

  • New hydrofracking rules from the Department of Interior and the Environmental Protection Agency (EPA) were met with complaints from both sides.
  • A New York environmental group is questioning whether the state's Department of Environmental Conservation (DEC) believes wastewater is a real concern.
  • And the EPA withheld a study on aquifer contamination in Wyoming at the request of the governor - who then used the delay to prepare a smear campaign.

Here's details on each:

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7:43am

Tue April 17, 2012
Energy

U.S. Has A Natural Gas Problem: Too Much Of It

Originally published on Tue April 17, 2012 7:43 am

Oil field workers drill into the Gypsum Hills near Medicine Lodge, Kan. Hydraulic fracturing, or "fracking," to coax out oil and gas has led to a natural gas boom that the U.S. market is having trouble absorbing.
Orlin Wagner AP

There's a boom in natural gas production in the United States, a boom so big the market is having trouble absorbing it all.

The unusually warm weather this winter is one reason for the excess, since it reduced the need for people to burn gas to heat their homes. A bigger reason, however, is the huge increase in gas production made possible by new methods of coaxing gas out of shale rock formations.

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