Posted on Energy Policy Forum: 30 Oct 2013 10:28 AM PDT
By Deborah Lawrence Rogers
In January, 2012, the price of nat gas plunged to below $2/mcf due to overproduction by shale operators. Such low prices did, indeed, prompt utilities to switch from coal fired generation to natural gas fired […]
[The following comments by Bill Huston are extracted from an email thread, with his permission.]
Q1: What is the STATED reason for the Constitution Pipeline?
A1: Lack of take-away capacity in NE PA.
Whoops! #1 According to David Hughes, the field declines so rapidly, they have to keep drilling MANY wells just to keep production flat.
Audio Podcast 1: […]
While New York State is deciding whether to issue permits for shale gas exploration and development, it may be helpful to look to other states where shale gas development is already occurring. Are areas with intensive shale gas drilling doing well economically?
