Group items tagged

IBISWorld Industry Report 21111 Oil Drilling & Gas Extraction in the USDecember 2011  |  Justin Molavi Natural growth: Natural gas is set for a boom as oil maintains volatile trajectory IBISWorld Code: 21111 NAICS 2002 Code: 21111 NAICS 2007 Code: 21111 Forecast to: 2016 Next Expected Publish Date: April 2012 Major Players Referenced:  Chevron Corp  ConocoPhillips  BP PLC  Royal Dutch/Shell Group  Exxon Mobil Corporation Industry Definition Firms in this industry operate and develop oil and gas field properties. Activities include: the exploration and production of crude petroleum; the mining and extraction of oil from oil shale and oil sands; the exploration and production of natural gas; sulfur recovery from natural gas; and recovery of hydrocarbon liquids. Firms may operate oil and gas wells on their own account or for others on a contract or fee basis.

IBISWorld Business Environment Report World price of natural gas in the US November 2011   Estimated Value in 2011: $7.99 per thousand cubic feet 2006-2011 Compound Growth: 3.7% Forecast Value for 2016: $9.14 per thousand cubic feet 2011-2016 Compound Growth: 2.7% The world price of natural gas is represented annually by the equally weighted monthly averages of the Russian natural gas border price in Germany, the Indonesian liquefied natural gas price in Japan and the natural gas spot price at the Henry Hub in Louisiana. Data is sourced from the International Monetary Fund.

IBISWorld Industry Report 48621 Gas Pipeline Transportation in the USNovember 2011  |  Justin Molavi Move along: High demand and low prices of natural gas will support industry growth IBISWorld Code: 48621 NAICS 2002 Code: 48621 NAICS 2007 Code: 48621 Forecast to: 2016 Next Expected Publish Date: May 2012 Major Players Referenced:  Kinder Morgan Energy Partners LP  El Paso Corporation  Spectra Energy Corporation  Williams Companies Inc Industry Definition Firms in this industry transport natural gas by pipelines from processing plants to local distribution systems. This industry does not include the recovery of natural gas from wells or the processing of natural gas.

B0531-GL - Global Oil & Gas Exploration & Production - Global Industry Report About This Report Published Date:     21 Feb 2012 Report Content: 38 pages Code Code: B0531-GL Forecast to: 2018 Next Expected Publish Date: August 2012 Major Players Referenced:  Saudi Arabian Oil Company  National Iranian Oil Company  Exxon Mobil Corporation  PetroChina Company Limited  Petroleos Mexicanos  Royal Dutch Shell plc  The British Petroleum Company p.l.c. INDUSTRY DEFINITION Firms in this industry explore for, develop and operate oil and gas fields. This industry includes the production of crude petroleum, the mining and extraction of oil from oil shale and oil sands, the production of natural gas, sulfur recovery from natural gas and the recovery of hydrocarbon liquids.

IBISWorld Industry Report 23712 Oil & Gas Pipeline Construction in the USMarch 2012  |  Kathleen Ripley In the pipeline: Growth in the natural gas market will keep industry demand flowing IBISWorld Code: 23712 NAICS 2002 Code: 23712 NAICS 2007 Code: 23712 Forecast to: 2017 Next Expected Publish Date: June 2012 Major Players Referenced:  Bechtel Corporation  Fluor Corporation  Jacobs Engineering Group Industry Definition This industry comprises contractors who are responsible for the construction of gas and oil pipelines, mains, pumping stations, refineries and storage tanks (i.e. new work, reconstruction and repairs). It also includes construction management firms and special trade contractors that are primarily involved in oil and pipeline construction.

During the Marcellus Shale debate, one of the Republican talking points we heard was that if PA's severance tax was too high, or if our environmental regulations were too strict, natural gas drillers would move across the border to Ohio. The theory was that high taxes and high regulatory costs would lead to less drilling, by driving up the cost of production. This was always a silly argument, since less drilling would mean higher prices for gas, and leading to more sustained interest in drilling.

Pennsylvania sits atop one of the largest natural gas deposits in the world. The Marcellus shale formation could hold enough recoverable natural gas to fuel the nation's gas needs for 19 years. New drilling technology means that drillers are just now star

IBISWorld Industry Report 22111a Coal & Natural Gas Power in the USDecember 2011  |  Justin Molavi Fired up: Natural-gas-based generation will gain ground, due to increasing electricity use

MIT releases major report: The Future of Natural Gas - Study finds significant potential to displace coal, reducing greenhouse gas emissions

Natural gas is a gas consisting primarily of methane. It is found associated with other fossil fuels, in coal beds, as methane clathrates, and is created by methanogenic organisms in marshes, bogs, and landfills. It is an important fuel source, a major fe

Home > Natural Gas Natural Gas

A bill that would establish a new oil and gas severance tax in Pennsylvania is moving forward. The Natural Resource Severance Tax Act would establish a tax equivalent to West Virginia's - 5 percent tax on the value of gas extracted plus 4.7 cents on ever

Naturalgas.org is presented as an educational website covering a variety of topics related to the natural gas industry. The purpose of this website is to provide visitors with a comprehensive information source for topics related to natural gas, and prese

The Marcellus Shale boom is accomplishing something that all of Governor Rendell's economic development programs cannot: permanent jobs and more state tax revenue without a dime of taxpayer subsidies. Resisting the calls to tax natural gas producers will

If the General Assembly adopts both proposed exemptions, only one-third of total gas production at a typical Marcellus Shale well would be subject to severance tax, and companies would pay tax for only nine years of the 40-year life of the well. This two-

A tax imposed on the removal of nonrenewable resources such as crude oil, condensate and natural gas, coalbed methane and carbon dioxide. Severance tax is charged to producers, or anyone with a working or royalty interest, in oil or gas operations in the

In connection with the completion of the 2010-2011 budget for the Commonwealth of Pennsylvania, the General Assembly has expressed its intention to pass legislation imposing a severance tax on the extraction of natural gas. The structure and rate of the t

Video of Timothy J. Considine, Ph.D. of Natural Resource Economics and author of a new study on natural gas production in the Marcellus Shale region, explains how a Pennsylvania severance tax could reduce capital inflows for developing natural gas product