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Natural Gas Boom Benefits Big Users More Than Small

natural gas prices

Fracking has sent the price of natural gas plummeting, just not for the people who need it most. The straight-out-of-the-ground price of natural gas is way down since the start of the boom in hydraulic fracturing. Back in 2008, users buying gas directly from drillers were paying an average of $7.97 per thousand cubic feet, according to the Energy Information ...

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Gas drillers should minimize impact on nature, poll says

gas drilling

Results of a poll by The Nature Conservancy in the six-state Marcellus Shale gas region of the Appalachians indicate strong support for better regional planning to minimize impacts on forest and water resources, as well as tougher environmental safeguards. The poll, scheduled for release at noon today, also shows that a majority of those polled — 54 percent — say ...

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Iran snubs Doha proposal, won’t freeze on oil output levels

TEHRAN, Iran – February 18, 2016 (AP) — Iran on Wednesday snubbed a proposal agreed to by four influential oil producers to cap their crude output if others do the same, with a senior Oil Ministry official saying Tehran has no intention of freezing oil output levels. Mahdi Asali, Iran’s OPEC envoy, said his country will in fact keep increasing ...

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Ohio pension fund wary of Kasich’s call to dump Iran investments

Not only did Gov. John Kasich add his name to a letter Tuesday from 15 governors opposing the Obama administration’s Iran nuclear deal, he is actively encouraging Ohio’s biggest pension fund to pull its money from companies that invest in the country once the current U.S. sanctions are lifted. No can do, says a spokeswoman for the Ohio Public Employee ...

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