Free Enterprise – Keystone XL: Real Benefits for the U.S.

Sean Hackbarth notes  Keystone XL pipeline developments this week: The House Transportation Committee advanced  a bill that would allow construction of the full pipeline – the third congressional committee to do so; Canadian Prime Minister Stephen Harper was in New York City touting  the project’s benefits  for both the U.S. and Canada; and a small business owner in Maryland told the president that businesses like his  would get a boost from the project.

The Hill – DOE Approves Natural Gas Export Project

A Texas LNG  facility has the green light from DOE  for exports to non-free trade nations. DOE noted that project opponents “have not demonstrated that the requested authorization would be inconsistent with the public int... more »

An early look at the Bureau of Land Management’s (BLM) proposed new rule governing hydraulic fracturing on federal and Indian lands shows the challenge of trying to create a new rule that doesn’t just add regulation on top of effective state rules already in place.

Certainly, BLM’s aim with this rule, compared to a previous version, was to take hydraulic fracturing regulation in a better direction – acknowledging the role of the states and measures including FracFocus.org, the online fracking fluid registry. And it appears BLM has done that to some degree. Yet, the executive summary in BLM’s rule announcement and request for public comment suggests BLM itself is concerned about duplication, additional layers and potential additional delays to oil and natural gas development (emphasis a... more »

There’s no evidence of groundwater contamination from shale natural gas production in Arkansas’ Fayetteville play. So says a new study by a team of Duke University-U.S. Geological Survey scientists. Their key conclusions:

"Our results show no discernible impairment of groundwater quality in areas associated with natural gas drilling and hydraulic fracturing. … Only a fraction of the groundwater samples we collected contained dissolved methane, mostly in low concentrations, and the isotopic fingerprint of the carbon in the methane in our samples was different from the carbon in deep shale gas in all but two cases.” – Avner Vengosh, professor of geochemistry and water quality at Duke's Nicholas School of the Environment

"These findings demonstrate that shale gas development, at... more »

Breaking Energy – Sieminski: U.S. Tight Oil Growth Helping Lower Global Crude Price

U.S. tight oil production has helped to shave about $20-$25 per barrel from Brent crude oil prices, and continued output growth could  further impact global pricing, says  Energy Information Administration Administrator Adam Sieminski.

E! Science News – Groundwater Unaffected by Shale Gas Production in Arkansas

Duke University and U.S. Geological Survey scientists sampled 127 shallow drinking water wells in areas overlying Fayetteville Shale gas production in north-central Arkansas and found no ground water contamination from hydraulic fracturing.

AEI Ideas/Carpe Diem Blog – North Dakota Sets New Oil Production Record in March

Mark J. Perry writes that March was another record-setting month f... more »

Washington Examiner – Fracking Could Create New Wealth for New York

In a guest column, former Department of Labor Chief Economist Diana Furchtgott-Roth discusses the opportunities hydraulic fracturing could bring to New York state. “Using the Pennsylvania data to project fracking's effect on New York counties, I find that the incomes of those who live in the 28 New York counties above the Marcellus Shale have the potential to expand by as much as 15 percent over the next four years -- if the state's moratorium is lifted.”

National Journal – Natural Gas Exports Loom Large Over Washington

NJ’s Amy Harder takes a look at the liquefied natural gas debate after a visit to Dominion’s Cove Point, Md., facility – a former import terminal waiting for federal approval to add  export capabili... more »