September 2011

30th September 2011

Debate over Marcellus Shale

Posted by blogwriter

Some insist Marcellus Shale natural gas is a huge economic boom for America, while others are certain it's an environmental catastrophe.

Gas drilling from the Marcellus pollutes groundwater, or it never pollutes groundwater. It's cleaner than coal or oil, except that it's dirty. It provides a boost to hard-hit rural economies; but then again, maybe it doesn't.

The one point of agreement? Scientists say advocates on both sides increasingly spin every shred of research to fit their own views, and ignore the bigger picture. Read more »

7th September 2011

Encana Sells

Posted by blogwriter

Encana Corp said it agreed to sell some natural gas midstream assets in Colorado for about $590 million and would likely notch more sales in Canada as it looks to cash in on the strong demand for such assets in North America.

Encana, Canada's largest gas producer, said it is on track to meet or exceed the planned sale of $1-$2 billion worth of non-core assets as it cuts back on spending to cope with weak natural gas prices. Read more »