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Natural Gas

Company hopes to drill new gas wells

gas well

Northeast Natural Energy, which operates two Marcellus shale wells at the Morgantown Industrial Park, has applied to drill four more horizontal gas wells in Monongalia County. Two proposed wells, called Yost Heritage 5H and 9H, would be located on a pad above the Marion County line north of Fairview along W.Va. 218, Daybrook Road, according to information from the Department ...

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U.S. lawmakers to weigh speeding up LNG exports to help Europe, Ukraine

tanker

(Reuters) – U.S. lawmakers will hear testimony on Tuesday from those who favor loosening restrictions on liquefied natural gas exports so that abundant American supplies could help reduce Ukraine and Europe’s dependence on Russian gas. European worries about the security of energy supplies have grown since Russian forces seized control of the Crimean peninsula from Ukraine this month. Moscow has in years past cut gas supplies ...

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Energy Department OKs LNG terminal on Oregon coast

oregon flag

PORTLAND, Ore. (AP) — The U.S. Energy Department gave conditional authorization Monday for liquefied natural gas to be exported from a proposed terminal in Coos Bay, on the Oregon coast. Jordan Cove LNG terminal is the seventh project to get such authorization, although it may be years before exports begin. The project must still go through an environmental review and ...

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Consumer prices slow with O&G in the west

Despite a slow but steady oil price recovery for Colorado, the growth recently came to a halt, and with it, consumer prices. According to the Denver Business Journal, the U.S. Bureau of Labor Statistics reported a 0.3 percent jump in the federal consumer price index (CPI) in western states for the month of April. This gain is notably smaller than ...

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