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Tuesday, March 29, 2011

ENERGY REPORT: Crude Closes Up; Natural Gas Down

May natural gas, the new front month, extended its sell off to a second consecutive session after it closed lower by 3.6% to $4.27 per MMBtu. Forecasts for warmer weather, coupled with profit taking from its ~10% rally in the month of March, pressured prices. May crude oil ended higher by 0.8% to $104.79 per barrel.

The Path to the Clean Energy Future - A Filmmaker's Accidental Journey (A Documentary about the Haynesville Shale)

Praise God and Chesapeake - Can You Say AMEN!

Royalty owners in Shreveport, LA that started receiving their Haynesville Shale royalty checks express thanks to Chesapeake.
(Photo courtesy of NaturalgasPA.com)

Monday, March 21, 2011

Haynesville might be U.S.' largest No. 1 gas-producing shale | Barnett Shale | Dallas Bu...

Shale gas production competition rages on!
According to the EIA website (U.S. Energy Information Administration), the Haynesville Shale of East Texas and Northwest Louisiana has surpassed the North Texas Barnett Shale as the leading shale gas producer in the United Sates. However it's still a close race.

Will I stop covering the Barnett Shale? Hardly! I believe that shale gas production will continue to dominate the energy scene in all areas for years to come.

Haynesville might be U.S.' largest No. 1 gas-producing shale | Barnett Shale | Dallas Bu...

Rule changes for drilling permits would continue practice of no-perforation zones in Barnett Sha...

Ever hear of a "No Perforation Zone" (NPZ)?
Check out the article below for a quick course on the subject.

Rule changes for drilling permits would continue practice of no-perforation zones in Barnett Sha...

Monday, March 07, 2011

State regulators say driller not source of Parker County water contamination | Barnett Sha...

Range Resources notched a major victory today with a favorable decision by the Texas Railroad Commission. Today's decision follows an ongoing debate over the EPA's "emergency order" on December 7th holding Range responsible for the methane contamination of two Parker county water wells.

State regulators say driller not source of Parker County water contamination | Barnett Sha...

Sunday, March 06, 2011

Warren Buffett's BNSF RR - Another Winning Investment

Last week, Fort Worth-based BNSF railroad reported a 20 percent increase in 2010 revenue and a 38 percent gain in operating income, topping $4.5 billion. That's the most profitable year in the company's long history.

Read more: http://www.star-telegram.com/2011/03/04/2897828/bnsf-is-a-success-story-just-ask.html#ixzz1Fr8snLYK

A seemingly never ending Burlington Northern freight train heads south out of Rio Vista, TX.