The New York Assembly voted for a temporary moratorium on natural gas drilling using hydraulic fracturing with horizontal drilling. The Senate has already passed a similar bill. The Independent Oil and Gas Association of New York is asking Governor David Paterson to veto the bill.
Continue reading NYT: N.Y. Assembly Approves Fracking Moratorium
Chevron is buying Atlas Energy to expand its interest in natural gas deposits in the Marcellus Shale in Pennsylvania. The second-largest energy company in the Unites States, Chevron’s purchase is another big investment in natural gas after the larger Exxon Mobil bought XTO Energy last year. These deals continue despite the low price for natural gas and environmental concerns about the natural gas extraction technique called hydraulic fracturing.
Continue reading Chevron Pays $4.3 Billion for Marcellus Shale Gas
Photo: Pete Grannis
Both sides of the raging battle over natural gas drilling in New York State agree that the state agency charged with protecting the environment and issuing drilling permits has been gutted so severely that it’s no longer capable of doing its job.
Continue reading The Marcellus Shale Play: Enviros and Drillers Agree – State Environmental Regulators Can’t Protect N.Y.
The New York Times compares the cultural differences among supporters of natural gas drilling and the opponents. In Louisiana, residents overwhelmingly support the gas industry despite several incidents while Pennsylvania is divided over whether or not costs to the environment and drinking water are worth the monies paid to state and local governments and residents for gas drilling rights.
Continue reading NYT: When a Rig Moves In Next Door