April 1, 2014
Have been set for the Town of Middlefield in its defense of Home Rule as it applies to fracking. Which 8 New York justices say it does. Oral argument of the appeal before the State Court of Appeals has been scheduled for Tuesday, June 3 at 2:00 in Albany John J. Henry, Esq. | Whiteman Osterman & Hanna LLP Home Rule And Fracking in New York New York State has enshrined in its Constitution the principle of ‘home rule’ — the right of local communities to determine their community character through control over land use decisions. Communities that prize their rural character and pristine natural resources have enacted safeguards against the onslaught of industrial shale gas extraction, which threatens to devastate the landscape and waters and upend the quiet, rural character of their towns. The […]
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April 1, 2014
By about 2020. If one assumes hyperbolic price increases. Note that at $12mcf, gas would be 3X the cost of coal per million Btu. Above $6mcf, there is no economic incentive to switch from coal. Might as well go with wind or solar as replace one fossil fuel with another. http://seekingalpha.com/article/2118153-marcellus-shale-through-a-glass-darkly Moshe Ben-Reuven Long/short equity Profile| Send Message| Follow (26) Marcellus Shale: Through A Glass, Darkly Mar. 31, 2014 12:06 PM ET | 48 comments | Includes: APC, BOIL, CHK, COG, DGAZ, GAZ, KOLD, NAGS, RRC, SWN, UGAZ, UNG, UNL, XOM Disclosure: I am long XOM, APC, CVX, APA, RDS.A. (More…) Summary Marcellus shale dry-gas production rates and well number evolution are analyzed to understand overall productivity. A precise linear dependence between production rate and well numbers is demonstrated. Marcellus proved reserves, along with production rate, allow projection of life span, which is shown far less than the 100 years, closer to 10 […]
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