Stories tagged with "Marcellus shale"
On being wrong - the falling price of home heating oil in Maine
Posted by Heading Out on October 31, 2008 - 8:54am
Topic: Supply/Production
Tags: heating oil, maine, marcellus shale, natural gas, north east, original, rockies express, wood pellets [list all tags]
Sometimes, I have to admit, when predictions are made, I can be just wrong. Asked, early in the summer as to the wisdom of buying winter supplies of heating oil in the North East, I suggested that there would be a likely continued rise in price, and that with distributors having problems, that an early securing of supplies would pay off. Well it is not happening. Recent stories have shown that the price of heating oil in Maine has fallen from $4.71 in July to $3.08 last week. The national average heating oil price as shown by the EIA is steadily falling.

Cracking shale and why horizontal wells are slick
Posted by Heading Out on April 10, 2008 - 9:00am
Topic: Supply/Production
Tags: glacier bay, haynesville shale, horizontal wells, hydrofrac, marcellus shale, natural gas, utica shale, worst wind farm [list all tags]
This past week, courtesy of Leanan and Gail it seems that there have been more than the usual number of stories on natural gas developments and the potentials of formations such as the Utica shale, the Haynesville shale, and the Marcellus shale. These are all relatively tight deposits that have only become economic because of increasing gas prices and advances in technology. So I thought it might of interest to explain just a little of that technology, and why it costs so much more for the horizontal well. So the post is largely going to be on horizontal wells, vertical natural fractures and slick artificial ones. To “thank” Gail I am also going to try and describe a slide on ethanol use that I saw at a talk I went to this week on Global Warming by Richard Stegemeier, a member of the NAE, and lest it has been missed I will end with a reference to the Worlds Worst Wind Farm.

k Nation (Jim Kunstler)


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