Energy markets

New York Regulators Take Steps Toward Allowing Fracking for Natural Gas Production

Energy markets, Environmental policy, Regulation / By

Michael Giberson Today the New York Department of Environmental Conservation took a few steps toward permitting fracking of natural gas wells, a process necessary to produce natural gas from underground shale formations. Regulatory processes being as they are, it likely means fracking will remain off-limits in the state for some time. News reports include favorable …

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In Search of Reports That Confirm or Support the New York Times Stories on Shale Gas Skepticism

2 Comments / Energy markets, Environmental policy / By

Michael Giberson After following the reactions to the New York Times stories on shale gas skepticism for a day or two, I began to get tired of all of the complaints (“pretty poor quality,” “sensationalistic … false,” “poorly done piece of work,” “mislead its readers,” “approaching yellow journalism“) and so started searching for supportive reactions, …

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John Hanger Reports the Shale Gas News Too Good to Print in the New York Times

1 Comment / Energy markets, Environmental policy, Regulation / By

Michael Giberson John Hanger is former head of the Pennsylvania Department of Environmental Protection and former member of the Pennsylvania Public Utility Commission, among other public positions. He was founding president of the group Citizens for Pennsylvania’s Future (PennFuture) which carefully tracked energy and environmental issues in the state. Hanger knows a few things about …

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Additional Reactions to the New York Times Articles Documenting Shale Gas Skepticism; More on Fracking

Energy markets, Environmental policy / By

Michael Giberson As a follow-on to my post on the recent New York Times articles on shale gas skepticism, here’s a collection of other reactions: The most thoughtful response appears to come from Michael Levi at the Council on Foreign Relations, Is Shale Gas a Ponzi Scheme?: “The New York Times’ war on shale gas …

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New York Times Devotes Front Page Stories to Various Skeptical Remarks Made About Shale Gas Resources from over the Past Few Years

2 Comments / Energy markets, Environmental policy / By

Michael Giberson The New York Times has prominently published two articles highlighting skeptical views about the amount of natural gas that will be produced from shale. On Sunday’s front page industry is featured: “Insiders Sound an Alarm Amid a Natural Gas Rush.” On Monday’s front page, skepticism in the U.S. Department of Energy is revealed: …

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Kazman on Cafe Regulations

8 Comments / Economics, Energy markets, Environmental policy, Regulation / By

Michael Giberson Sam Kazman, of the Competitive Enterprise Institute, opines on the loss of spare tires in some new car models: Fewer tires, higher taxes. That may be what’s in store for drivers under the federal government’s spiraling fuel economy mandates (known as CAFE, for Corporate Average Fuel Economy). The Department of Transportation is floating …

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Congressman Called for Gas Relief

1 Comment / Energy markets, Politics / By

Michael Giberson Congressman Brian Higgins, of western New York, put out a press release last week welcoming the news that the Obama administration will release 30 million barrels of oil from the Strategic Petroleum Reserve. (“Higgins Welcomes News of Oil Release: Congressman Called for Gas Relief Measure in April.”) The rest of the press release was a …

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Recommended in the Comments: Ten Fracking Things Everyone Should Know

3 Comments / Energy markets, Environmental policy, Regulation / By

Michael Giberson Commenter “Fat Man” recommends Peter C. Glover’s essay in the Energy Tribune: “Ten Fracking Things Everyone Should Know.”  Number one on the list of things to know is “Hydraulic fracking has been around for 60 years. Developments made by U.S. engineers around 2008-9 have simply made the process much more commercially viable.” Relatedly, …

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Science, Law, and Regulation of Fracking for Natural Gas in the Marcellus Shale

1 Comment / Energy markets, Environmental policy, Law, Regulation / By

Michael Giberson The current issue of the Energy Law Journal includes an article examining the public policy history surrounding the use of hydraulic fracturing to develop natural gas in Pennsylvania and New York. The article, “Science and the Reasonable Development of Marcellus Shale Natural Gas Resources in Pennsylvania and New York,” is by attorneys Lynn Kerr McKay, Ralph …

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