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Author Archives: Shane Thielges

Safety awards for FirstEnergy’s Pa. utilities

awards

Shane Thielges | Shale Plays Media Three of FirstEnergy Corp.’s Pennsylvania utilities companies have received safety awards from the Energy Association of Pennsylvania. -Pennsylvania Power received the Safety Sustainability Award for its low rate of injuries among workers since 2011. It was also awarded the Safety Improvement Award for its ongoing efforts to reduce the number of such injuries. -Both Pennsylvania ...

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Low energy prices, rate worries weigh on stocks

NEW YORK (AP) — The stock market is moving lower at midday as shares of energy companies slip. The Dow Jones industrial average fell 34 points, or 0.2 percent, to 17,033 as of noon Eastern time Thursday. The Standard & Poor’s 500 index fell two points, or 0.1 percent, to 1,992. The Nasdaq composite slipped 11 points, or 0.2 percent, ...

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Low energy prices, rate worries weigh on stocks

NEW YORK (AP) — The stock market is moving lower at midday as shares of energy companies slip. The Dow Jones industrial average fell 34 points, or 0.2 percent, to 17,033 as of noon Eastern time Thursday. The Standard & Poor’s 500 index fell two points, or 0.1 percent, to 1,992. The Nasdaq composite slipped 11 points, or 0.2 percent, ...

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Yale, Penn State studies offer conflicting views of fracking

conflicting

David Conti | Pittsburgh Tribune-Review Two academic studies exploring health and water issues in the gas drilling industry on Wednesday painted very different pictures of its potential impact and brought rebukes from advocates on both sides. A Yale University survey supported by environmental groups including The Heinz Endowments found increased reporting of certain health issues by people who live within ...

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States lower energy taxes to attract business as production thrives

cuttinup

Shane Thielges | Shale Plays Media A new report has found that state tax rates on fossil fuel extraction have stayed consistent or even fallen since the hydraulic fracturing boom began, despite rising profits for the energy sector. U.S. News and World Report says the report’s authors, Barry Rabe and Rachel Hampton of the University of Michigan’s Center for Local, ...

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Energy Department approves two more LNG export projects

port

Michael Sanserino | Pittsburgh Post-Gazette The U.S. Department of Energy gave final approval to two liquefied natural gas export facilities in the southern United States to begin exports, the first projects approved under a streamlined evaluation process. Cameron LNG, owned by Sempra Energy in Louisiana, and Carib Energy’s LNG export plan in Florida, can begin exports to countries that do ...

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Public’s support for gas tax is misguided, Corbett says

rig

Shane Thielges | Shale Plays Media Pennsylvania’s governor Tom Corbett says his constituents are mistaken if they think a tax on natural gas extraction would benefit the state. The governor’s comments followed poll results, released this week by the University of Michigan, that showed strong support for a severance tax on gas extraction among Pennsylvania’s population. The poll also found almost ...

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Chicago wants tighter rules on crude oil trains

chicago

Richard Wronski | Chicago Tribune Warning that the frequent railroad trains loaded with crude oil passing through the Chicago area are a “serious risk to public safety,” the City Council is calling for tighter restrictions on the shipments than federal officials proposed in July. Council members on Tuesday also asked that the city and other municipalities be given the authority ...

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Ohio oil, gas production from shale shifts south

farmland

Dan Gearino | Columbus Dispatch The center of Ohio shale development is shifting somewhat to the south, based on new oil and gas production figures that show strong results for Noble County and Antero Resources Corp. Antero has eight of the top 10 producing oil wells, and all eight are in Noble County, according to an Ohio Department of Natural ...

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