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Backers, opponents of Pinelands gas line plan go head-to-head at hearing

pinelands commission

GALLOWAY _ More than 200 union construction workers and environmental activists stuffed themselves into the town hall here Monday night, packing a public hearing on a controversial proposal for the state Pinelands Commission to permit a new natural gas transmission line, and save the BL England power station from permanent closure. The project “brings 1,000 jobs to the building trades. ...

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House GOP unveils fracking plan

Ohio General Assembly

COLUMBUS — Nearly two years after Gov. John Kasich’s more ambitious plan was declared dead on arrival in the Ohio General Assembly, House Republicans have unveiled an industry-backed plan to tax growing shale oil and gas drilling occurring largely in eastern Ohio. But unlike Mr. Kasich’s plan, the new severance tax rate would not translate into a penny-for-penny income-tax cut ...

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Austin, TX ranks first nationally for jobs, Charleston 11th

roughneck oil

AUSTIN, TX – In addition to increased tax revenue and jobs, a robust local oil and gas industry has helped bring national recognition to the area. The Greeley Metropolitan Statistical Area, which encompasses all of Weld County, cracked the top 10 for large cities in the recent Best-Performing Cities index, released annually by the Milken Institute, ranking cities on how ...

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Obama to feds: Boost renewable power 20 percent

WASHINGTON (AP) — Saying the government should lead by example, President Barack Obama is ordering the federal government to nearly triple its use of renewable sources for electricity by 2020. Obama says the plan to use renewables for 20 percent of electricity needs will help reduce pollution that causes global warming, promote American energy independence and boost domestic energy sources ...

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ONEOK will turn its natural gas distribution segment into new firm

ONEOK

Tulsa-based ONEOK Inc. said Monday in a guidance announcement that it is on target to complete its spinoff of the company’s natural gas distribution segment into ONE Gas Inc. in the first quarter. ONEOK listed the effective date for the spinoff as Jan. 1 for guidance purposes, spokeswoman Megan Washbourne said. The actual closing of the transaction will come later, ...

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Poll respondents say they support natural gas environmental safeguards

The Nature Conservancy

CHARLESTON, W.Va. — According to a poll of Central Appalachian voters by a bipartisan research team commissioned by The Nature Conservancy, more than 80 percent of respondents said they would support establishing strong environmental safeguards as a condition for further natural gas development. Specific actions endorsed by poll respondents include regional planning, science-based protections and guidelines, and requirements to prevent ...

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High-Risk OIl and Natural Gas Transportation Should Focus Investor Spotlight

The transportation of our essential oil and natural gas supplies has always been a risky business; with that risk underscored whenever there’s a major accident — like the massive gas pipeline explosion last week in western Missouri. But it’s events like the Missouri accident that should focus industry and investor attention on Iron Mountain (NYSE: IRM). Operating in the business software ...

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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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