May 29, 2010
Royal Dutch Shell to buy U.S. owner of shale gas holdings
International energy firms have aggressively sought a bigger foothold in the U.S. oil shale industry.
The Associated Press
NEW YORK — Royal Dutch Shell PLC said Friday it will buy East Resources Inc., a major owner of shale gas holdings in the northeast United States, for $4.7 billion from private investors.
Europe’s largest oil company said it will pay cash for East Resources, a Pennsylvania company that owns more than 2,500 oil and natural gas wells in the United States. It also controls 1.25 million acres of land, mostly in the energy-rich Marcellus Shale region that runs from New York to southwest Virginia.
Shell CEO Peter Voser said the acquisition fit with plans to “grow and upgrade” its holdings of shale gas in North America.
International energy companies have aggressively sought a bigger foothold in the U.S. oil shale industry, even with natural gas prices slumping to less than half of what they were in 2008.
Earlier this year, Japanese energy giant Mitsui Co. said it would pay $1.4 billion for a stake in Anadarko Petroleum Corp.’s shale assets. India’s Reliance Industries Ltd. also recently paid $1.7 billion for part of Atlas Energy’s shale gas deposits.
See rest of article via link above.
April 24, 2010
Positive news from the New York Times: State: Decision Blocks Drilling for Gas in Catskills
And here is comment on the “political skullduggery” some people feel it was.
And more comment: Catskill Mountainkeeper’s Ramsay Adams on DEC’s Friday surprise
(It is getting legalier and legalier said Pooh.)
I think the decision is a foot in the door.
Here is an interview with Robert Howarth: Cornell scientist tarnishes natural gas’s clean image If his ideas and calculations hold up to peer review, it is a powerful argument against the planned Frackathon coming our way.
Another emerging argument against the Drilling Propaganda: From the excellent River Reporter Gas drilling benefits questioned
This article Halliburton Hunts New Bacteria Killer to Protect Shale-Gas Boom was sent to me by a couple members. It addresses the industry’s attempt to take biocides out of the fracking fluid. It seems like there is a proprietary race to find a cost effective technique which will eliminate the biocides. Money, not concern for the public, is the motivator:
“Environmental issues generally begin to be addressed after companies realize there will be a financial cost if they don’t act.” said Geoff Kieburtz, an analyst at Weeden & Co. in Greenwich, Connecticut.
March 23, 2010
Here is an email I received from a local resident. Please circulate. Printed with permission, (emphasis mine) it speaks for itself:
Dear Mr. Baldwin,
I had not taken too much interest in the natural gas drilling in our area until I was approached by two gentlemen on Saturday asking us to allow a pipeline for gas to go through our property. They offered us $23 per linear foot, which would amount to about $20,000 to $25,000. They wanted a 50 foot right-of-way through our property on Upper Demunds Road. They said they would return on Monday with the paper work to be signed. After doing a little research, I realized this was something I did not want on my property. I contacted my neighbors after having been told they were “receptive to the idea.” One neighbor had no idea about the drilling – he figured he may as well make some money if everyone else was. My other neighbor had not been contacted and went through the roof when I told her about the plans. We both agreed that we did not want our properties disturbed in any way, shape, or form. I e-mailed the gas man, and he promptly replied and increased the offer to $30,000. I answered that I was a coal miner’s granddaughter who had seen mine subsidences and strip mining rape Wyoming Valley. I told him that no amount of money would change my mind. He did not return to my property today. I am sure someone on this road will grant them permission to cross their property, but I will fight them tooth and nail to preserve the pristine environment that I love so dearly.
Thanks for listening,
Upper Demunds Road, Dallas
March 12, 2010
Here is a story from Wayne County: Outcry greets possibility of gas drilling at Wayne County schools
I added a Moon Lake Park page above. Sign the petition there or HERE. Let’s not forget Moon Lake!!!
Also, I have added a Petition Page. There are five petitions and/or legislative links. Go there to voice your concern. PETITIONS HERE
A powerful post from Another Monkey – Please read it.
I love the gas industry tv commercial where the woman is traveling up a well as if in a stainless steel and glass elevator. So clean and so slick. I guess we will see truck loads of well dressed women heading down our roads soon.
I have an old friend up north who recently emailed me about his experiences with gas drilling. Here is the sad email. I took out their names at their request:
“Herb. Thanks for the info. (Wife) and I have spent the last 2 years educating ourselves about this issue. We are at ground zero in Dimock and are surrounded by gas wells being drilled. What we have learned so far is scary and our actual experiences dealing with this has been terrible. The beautiful area I have lived in for the last 35 years is being butchered. Many of my neighbor’s water supplies have already been polluted. It is a shame that our government would, in these days and times, allow such environmental exploitation all for the sake of money.
But I have to let you know of my situation – (wife) and I held out from signing a gas lease as long as we could, due to our environmental concerns. However, when we realized all our neighbors had signed and we were surrounded by leased land – we finally gave in and signed. Now seeing what has happened I would gladly return the money if they would pack up and leave. I consider it dirty money. I believe the gas company’s tactic was to offer people money to get their foothold and then they come in and do their thing. (friend’s name)”
See you tonight.
March 11, 2010
Don Williams of Wyalusing Rocks Pennsylvania (Penn’s Woods) has an essential reading blog titled Susquehanna River Sentinel. He was the activist who saved us from the inflatable dam. Now he is the main man for staying current and hip with the gas drilling scene.
He is: earth first, speak truth to power, and live with courage. I like that in a dude.
Find his link in the the right hand column under #2 – Local Bloggers – Big Gas in Their Sights.