Friday, April 12, 2013

PennEnergy Top Oil & Gas News 4/12

Top Oil & Gas News
Foreign investors play large role in U.S. shale industry
Investment in shale plays in the United States totaled $133.7 billion between 2008 and 2012, as part of 73 deals. Joint ventures by foreign companies accounted for 20% of these investments.
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PennEnergy Video News Update
From the drop in OPEC production, to the shale acreage for sale by Chesapeake, to the agreement between Ecolab and the DOJ, all of the week's biggest headlines are in the PennEnergy Video News Update.
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Energy Insights
All Energy, All the Time: Black gold in an information economy
Complicating the Mayflower spill is the perception by the general public. Attempts to keep media out of the area are being viewed as corporate manipulation of free speech at best, and a grand conspiracy at worst. In its attempt to minimize negative press, the blackout is instead fostering it in the form of rumor and speculation.
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The Energy Portfolio: The Liabilities of Shale Natural Gas
The current regulatory environment has yet to cause changes in natural gas prices in the short-term or in long-term estimates. Any regulatory changes would be the result of perceived or real liabilities. Three potential liabilities of shale natural gas that could result in increased regulation (and rising prices) are safety, environmental impact, and the political environment.
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