Posts Tagged ‘shale gas’

Fracking Chemical Disclosure

Wednesday, March 24th, 2010

From Reuters: http://in.reuters.com/article/environmentNews/idINTRE6292MM20100310.

I cannot understand why so many in the gas industry fight the disclosure of the fracking chemicals they use and also fight federal (EPA) oversight.  There are companies that voluntarily list their chemicals, but the industry trade associations seem to be on the wrong side of this fight.

You can argue until you are blue in the face that the chemicals are safe and cannot affect the water supply 5000 feet into the ground. You can argue proprietary formulas.  You can argue that environmental extremists are helping to shape the debate.  But the people who live in the communities where the shale gas is drilled want assurances that their water supply will not be contaminated.  Fighting with them over their concerns instead of working with them will simply delay development.

HEK

http://econpolicy.com

Unconventional Gas Revolution

Friday, March 12th, 2010

On March 9th, the National Capital Area Chapter of the US Association for Energy Economics and Center for Strategic and International Studies (CSIS) hosted an all day conference on “The Unconventional Gas Revolution – Policy, Strategic and Market Implications“.  Videos of this 14th annual energy policy conference are posted here: http://csis.org/event/unconventional-gas-revolution-policy-strategic-and-market-implications.

HEK

http://econpolicy.com

FERC Discovers Section 5 of the Natural Gas Act

Wednesday, December 16th, 2009

Despite rumors of its disappearance,  the FERC discovered that Section 5  is still part of the Natural Gas Act (http://www.ferc.gov/news/news-releases/2009/2009-4/11-19-09-G-3.asp).   Many believed that The Market had replaced Section 5, but apparently this is not the case.

I am not willing to leap to conclusions about what the actual rates should be in these three particular cases, other than that they should be just.  And reasonable too.  The pipelines have not yet filed their cases.  New shale gas discoveries, particularly the Marcellus field, have the potential to change gas supply and transportation patterns.  Gas  is being touted as a “transition fuel” in the movement towards a greener future.  So it is fitting to look at pipeline rates as part of an overall assessment of the natural gas supply chain.

I still have some expertise in pipeline rates and rate design.  My dance card is not yet filled.  Call or email me if there is something I can do for you.

HEK

http://econpolicy.com