Royal Dutch Shell Plc and Devon Energy Corp. may join Exxon Mobil Corp. as buyers of U.S. shale- gas producers or projects, the chief executive officer of gas developer Range Resources Corp. said.
Range Resources CEO John Pinkerton said in an interview yesterday his company may be a partner or target for oil companies, like Apache [...]
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Beyond the immediate environmental, health, and quality of life benefits they provide, natural gas trucks also help reduce our dependence on foreign oil and move us toward the era of the hydrogen fuel cell — possibly the ultimate sustainable, pollution-free, and renewable fuel and power source. According to a recent report by Natural Gas Intelligence, U.S. natural gas available for production “has jumped 58% in the past four years, driven by improved drilling techniques and the discovery of huge shale fields in Texas, Louisiana, Arkansas and Pennsylvania, according to a report issued Thursday by the nonprofit Potential Gas Committee (PGC).” Just two days ago, energy baron T. Boone Pickens said the plans for the world’s largest wind farm in the Texas Panhandle were scrapped, and he’s looking for a home for 687 giant wind turbines. Pickens has already ordered the turbines, which can stand 400 feet tall—taller than most 30-story buildings. July 8th, 2009 marks the one-year anniversary of T. Boone Pickens’ Energy Independence Day. What’s the goal? It is energy independence for our great nation by relying on the natural treasures we already have in abundance. To hear energy futurists talk, you might think Americans are driving around with windmills on their car powered by [...] A blog post called, “Drill Bits: Rig Count Picks Up Again. Why?” on the Wall Street Journal website by Ben Casselman speculates on why the number of active rigs is up for the third week in a row. Oil and Gas Investor placed a blog posting up yesterday that got my attention. It was in follow up to a natural gas cover story called “Building Gas Demand,” by Porter Bennett. A few weeks ago, V-Vehicle Company (VVC), a San Diego firm backed by oil man turned environmentalist T. Boone Pickens revealed that it’s the manufacturer setting up shop in Monroe, Louisiana to build a range of high-efficiency combustion-engine cars. The state offered VVC an incentive package worth $67 million, and local governments will put [...] In March of this year, AT&T announced it was replacing 8,000 of its U.S. fleet with vehicles running on natural gas over the next few years. This week AT&T have announced that they are going to deploy 30 vans running on compressed natural gas for its Oklahoma fleet (this represents 10 percent of AT&T’s fleet [...] WASHINGTON, June 29 /PRNewswire-USNewswire/ — As our nation celebrates Independence Day, it is time for America to truly focus on reducing our dependence on energy sources from outside our borders, which is achievable thanks to new discoveries of clean, abundant natural gas here in America. |
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