New Mexico Energy News

01.24.13

53 senators urge approval of Keystone XL pipeline

More than half the Senate on Wednesday urged quick approval of the Keystone XL oil pipeline, ramping up pressure on President Barack Obama to move ahead with the project just days after he promised in his inaugural address to respond vigorously to the threat of climate change.

 

01.22.13

GOP governors, Canadian leader press Obama to approve Keystone pipeline

Ten GOP governors and the premier of Saskatchewan are putting fresh pressure on President Obama to greenlight the proposed Keystone XL pipeline, which would bring Canadian oil sands to Gulf Coast refineries. Premier Brad Wall and the governors, in a letter to Obama Thursday, call the project "fundamentally important" to the future economic prosperity of the United States and Canada.

 

01.21.13

Fracking for natural gas being powered by it, too

Advances in hydraulic fracturing technology have powered the American natural gas boom. And now hydraulic fracturing could be increasingly powered by the very fuel it has been so successful in coaxing up from the depths. Oil- and gas-field companies from Pennsylvania to Texas are experimenting with converting the huge diesel pump engines that propel millions of gallons of water, sand and chemicals thousands of feet down well bores to break apart rock or tight sands and release the natural gas trapped inside.

 

01.21.13

Bi-fuel vehicles gaining speed

Detroit is beginning to produce vehicles that can run on both natural gas and regular gasoline. Anyone who has natural gas service in their home can tap off the same gas line to gas up their vehicle - at least until more commercial natural gas stations are established. Those facts make shale natural gas even more important to states that can produce it.

 

12.19.12

New Oil and Natural Gas Study Weighs Economic Benefits for States

A new IHS Study measures economic benefits of Unconventional Oil and Gas Production for each State in the United States Lower 48.

 

12.04.12

Liquefied natural gas exports will help, not harm economy, environment

As our nation's leaders work to improve our nation's struggling economy, there is one opportunity we cannot overlook: a responsible exports policy. U.S. Senators and Representatives from across the country have voiced their support for natural gas exports as a unique American opportunity that will create jobs and strengthen our energy security.

 

11.29.12

Optima Sees Fracking Increasing Specialty Steel Demand

Demand for specialty-steel products used in hydraulic fracking is poised to continue rising next year as energy companies step up exploration and production in shale-rock formations, Optima Specialty Steel Inc. said. Optima's sales of steel tubing to natural gas producers have climbed 15 percent in 2012, and a similar increase is forecast for 2013, said Kevin Stevick, chief executive officer of the closely held company. Growth at the Miami-based company is coming from fracking in states including Ohio, West Virginia, Pennsylvania and New York, he said.

 

11.27.12

Natural Gas: Energy You Can Hold Infographic

Natural gas isn't just for kitchen stoves and and large power plants. Natural gas liquids are widely used in manufacturing thousands of everyday products, as well as fertilizers and other applications that people may not be as familiar with.

 

11.21.12

Natural Gas Research 'Space Race' Is On

It has taken a couple of years for the energy industry to acknowledge a new reality: Natural gas availability is soaring in contravention of forecasting models that have been in use for decades, and the fuel is set to transform everything from power generation and transport to chemicals and even the trade deficit.

 

11.20.12

Industry Vet Sets Sights on Marcellus 2.0

In the latter part of the previous decade, attractive natural gas wellhead prices and technological advances in exploiting shale formations prompted an exodus to Appalachia. Some of the companies flocking to the Marcellus shale formation and its enormous store of natural gas willingly paid landowners several thousand dollars per acre merely to stake their claim and, when the time was right, flip their leaseholdings for a handsome profit to another speculator or to an operating company.