Business, Government Legal News from throughout WVEnergy

Appalachian gas could shield U.S. from world oil markets

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An energy investments portfolio manager told West Virginia gas and oil industry professionals that to see the role Appalachian shale gas would play in the national energy scene, look to the coalfields of China. More>>

Gasoline prices up for 4th straight week in W.Va.

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CHARLESTON (AP) — Gasoline prices in West Virginia are about 46 cents higher per gallon compared with a year ago. More>>

Md. court decision detrimental to PATH power line

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FREDERICK, Md. (AP) — A Frederick County judge affirmed a decision blocking a key component of a proposed multistate power line.
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Industries uniting to woo multi-billion dollar ethane facility

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West Virginia's race against Ohio and Pennsylvania to attract an ethane cracker facility has united a number of industries hoping to best take advantage of the potential investments. More>>

CEOs: Gas drilling bright in WV wet gas regions despite low prices

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The chief officers of four the state's top natural gas drillers in West Virginia say despite low natural gas prices, the future of the industry is looking bright.

 

 
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Chesapeake reports profits up in 4Q

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Hurt financially by low gas prices, the company is selling $10 to $12 billion in assets to finance shift toward liquids; CEO projects balance between cash flow and capital expenditures by 2014. More>>

Cabot announces income increase, record oil and gas production

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Company believes gas prices have hit bottom; announces new pipeline from northeast Pennsylvania to serve markets in New York and New England. More>>

Economist and energy expert to discuss global warming at UC Speaker Series

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Eban Goodstein, director of the Bard Center for Environmental Policy and founding director of Bard's new MBA program in sustainability, will speak this week about climate change and power solutions. More>>

Citizen groups pushing for bill to reduce utility costs in WV

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A bill currently stalled in the House Judiciary would require utility companies to write plans for providing "least-cost" electricity and several interest groups are hoping the bill will push through. More>>

Wastewater a key issue in NY's fracking debate

How to handle millions of gallons of contaminated wastewater after gas drilling begins in New York's Marcellus Shale region remains unsettled as the state considers final regulations. More>>

New study bolsters shale gas industry claims about hydraulic fracturing

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A new study shows review of their evidence proved no link between groundwater contamination and the shale gas drilling practice of hydraulic fracturing. More>>

API promotes recommended practices for WV gas drillers who are hydraulic fracturing

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At a workshop this week, American Petroleum Institute reviewed recommended practices for hydraulic fracturing in Charleston. More>>

Study: Market factors, not the EPA drive coal-fired power plant closures

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A study released Thursday points primarily to market factors, not environmental regulation as the driving force behind coal plant closures.
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W.Va. takes serious look at natural gas vehicles

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A workshop presenting the case for natural gas vehicles (NGV) drew in more than 150 people to a full-day event in Charleston. More>>

DEP: Delay in issuing gas permits increasing

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Increased workload and decreasing revenues have been increasing delays for horizontal well permits in West Virginia, but the chief environmental official in West Virginia assured industry things would soon be getting better. More>>

AEP CEO: Carbon capture without storage is necessary for future coal-fired power plants

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AEP CEO Nick Akins says future carbon capture systems at power plants likely will skip the storage part if a market can be found for carbon dioxide. More>>

Marcellus gas production and recycling rise

Production of Marcellus Shale natural gas in Pennsylvania rose again in the second half of 2011, slightly exceeding projections. More>>

WV mine safety bill heads to full House

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West Virginia would require random drug testing of all coal mine employees, and not just certified miners, after the House Judiciary Committee amended and endorsed Gov. Earl Ray Tomblin's mine safety legislation on Thursday. More>>

AEP CEO says new air quality regulations are not cost-effective

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Nick Akins, chief executive officer of American Electric Power, recently sat down with reporters to talk about issues affecting his company and others involved in the electric utility industry in West Virginia.

Part of the conversation dealt with how rates, environmental regulations and alternative energy are connected.
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5 Patriot workers sue mine operator, WV bosses

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MORGANTOWN (AP) — Five employees of the Federal No. 2 mine are suing Patriot Coal Corp., saying managers ignored high methane gas levels at least 19 times and put their lives in danger by failing to evacuate. More>>

AEP studies refueling old coal-fired WV power plants to gas

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Many in the industry expect new power generation units in the near future to be fueled by natural gas. In an interview with The State Journal, AEP CEP Nick Akins explained what would be considered if a coal-burning plant were to be rebuilt as a gas burner. More>>

Gas industry meeting kicks off next week

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A meeting of the Independent Oil and Gas Association will take place Tuesday and Wednesday, with a number of presentations regarding the growing industry. More>>

Chesapeake plans to sell billions of assets

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Chesapeake Energy, the second largest producer, of natural gas recently announced a financial plan that includes plans to raise about $10 to $12 billion, a figure "substantially in excess" of cash flow and planned expenditures. More>>

U.S. Ag Secretary: Renewable energy opportunity for rural America

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In testimony before a U.S. Senate agricultural committee, the nation's top agriculture official testified to a number of opportunities for rural communities in the energy sector. More>>

Website maps health and economic data with mountain mine sites

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"Human Cost of Coal" compiles county-level data come from government and scientific sources. More>>

Bonds proposed to recoup WV utility fuel costs

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CHARLESTON (AP) — West Virginia electric customers may avoid steep rate hikes if utilities were allowed to issue bonds to recover high energy costs. That's the thinking behind a pair of bills introduced this session in the Senate and House of Delegates. More>>

Long-term growth of severance tax unlikely

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Coal severance tax revenues are expected to decline over time; the severance taxes from natural gas are uncertain with prices low and production potentially rising. More>>

PA establishes gas impact fee, limits local regulation

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Broad bill would establish an impact fee, restrict scope of local ordinances and update the state's Oil and Gas Act. More>>

Info session on natural gas vehicles coming

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With the promise of locally available shale gas supplies and advancing technologies, West Virginia officials and industry are looking at the prospects of natural gas vehicles.

 

 
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WV delegate urges fellow lawmakers to be cautious of ethanol fuel standard

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Delegate Gary Howell said the EPA standard that would allow 15 percent of an ethanol additive to be added to gasoline is potentially harmful to the nation's older fleet and specialty equipment.
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Obama budget seeks Ohio uranium enrichment funds

President Barack Obama's spending plan for 2013 seeks $150 million for research and development of a southern Ohio plant that would provide enriched uranium for generating electricity at nuclear power plants. More>>

MSHA budget reduction to increase time for plan approval

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Though increased enforcement of mine safety violations remains a priority, a slight decrease in budget is expected to slow approval of coal mine ventilation and roof plans.  More>>

EPA examining Marcellus drilling in southwestern Pa.

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he U.S. Environmental Protection Agency is examining the impact of natural gas drilling in southwestern Pennsylvania. "The EPA is assessing the findings of our air, water and hazardous waste investigations in Washington County," said Bonnie Smith, an EPA spokeswoman in Philadelphia.

 
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Utility companies try to weigh which works better for power plants: Installing scrubbers or going with natural gas?

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American Electric Power CEO Nick Akins explains why the company thinks retrofitting a coal-burning power plant in Kentucky with scrubbers rather than converting it to burn natural gas is the better business decision. More>>

W.Va. lawmakers urged to respond to mine disaster

Pending West Virginia safety legislation does not go far enough to respond to the worst U.S. coal mine disaster in four decades. More>>

Pa. Senate approves first fees on shale drilling

Pennsylvania moved closer Tuesday to imposing a fee on the drilling that has transformed the state by exploration of its vast Marcellus Shale reserves. It is the only major gas-producing state that does not tax the taking of... More>>

W.Va. lawmakers weigh Marcellus windfall options

One of the world's richest natural gas reserves could help West Virginia fund its future. More>>

Most Popular Stories

Fort Steuben Bridge comes down Video included

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The Fort Steuben Bridge now is a part of history. More>>

State Journal highlights 40 people making a difference in WV in Generation Next 2012

Welcome Success is easy when times are good. When business is booming and life seems rosy, it is easy to be at the front of the line, directing people where to go.  More>>

Industries uniting to woo multi-billion dollar ethane facility

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West Virginia's race against Ohio and Pennsylvania to attract an ethane cracker facility has united a number of industries hoping to best take advantage of the potential investments. More>>

Businesses locating to WV could get tax exemption

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Legislation would provide five or 10-year tax exemption to businesses meeting certain criteria — a move one business owner says would make the state far more competitive in attracting jobs. More>>

WV rural gaming bill could bring casino to Pendleton County

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A bill that would permit a gaming facility in a "rural resort community" was introduced in the Senate Feb. 20. More>>

AEP CEO: Carbon capture without storage is necessary for future coal-fired power plants

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AEP CEO Nick Akins says future carbon capture systems at power plants likely will skip the storage part if a market can be found for carbon dioxide. More>>

SLIDESHOW: Hundreds take the plunge in cold water to benefit Special Olympics in WV

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Costumed swimmers raised money this weekend at the Morgantown Polar Plunge: Freezin' For a Reason, which benefits the West Virginia Special Olympics. Another Plunge will take place at 3 p.m. Feb. 25, at Winterplace Ski Resort in Beckley/Flat Top.
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Tomblin signs WV retiree benefits funding bill

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The state's last remaining debt issue now is history. More>>

Study: Market factors, not the EPA drive coal-fired power plant closures

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A study released Thursday points primarily to market factors, not environmental regulation as the driving force behind coal plant closures.
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Citizen groups pushing for bill to reduce utility costs in WV

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A bill currently stalled in the House Judiciary would require utility companies to write plans for providing "least-cost" electricity and several interest groups are hoping the bill will push through. More>>

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