Gas industry looking to generate more cash with exports | The Times Leader, Wilkes-Barre, Scranton PA – News

Gas industry looking to generate more cash with exports | The Times Leader, Wilkes-Barre, Scranton PA – News.

Gas Leases Pose Conflicts with Mortgages

Tompkins Weekly – Your Source for Local News and Events.

Gas Leases Pose Conflicts with Mortgages–Tompkins Weekly Nov. 12, 2011

U.S. Senate Committee on Energy and Natural Resources

U.S. Senate Committee on Energy and Natural Resources.

FULL COMMITTEE HEARING: to consider market developments for US natural gas, including the approval process and potential for liquefied natural gas exports (HEARING ROOM SD-366) (OVERFLOW ROOM SD-430).
Tuesday, November 8, 2011
10:30 AM
Energy Committee Hearing Room – SD-366
View Archive Webcast
The purpose of the hearing is to consider market developments for US natural gas, including the approval process and potential for liquefied natural gas exports (HEARING ROOM SD-366) (OVERFLOW ROOM SD-430).The hearing will be webcast live on the Committee’s website, and an archive video will be available shortly after the hearing is complete. Witness testimony will be available on the website at the start of the hearing.

 


Fracking Opponents Include Oil Industry Veteran

Fracking Opponents Include Oil Industry Veteran.  James Northrup interview

The Capitol Pressroom for October 27, 2011 | WCNY Blogs

The Capitol Pressroom for October 27, 2011 | WCNY Blogs.

Martha Robertson, Chair of the Tompkins County Legislature & Doug Barton, Director of Economic Development and Planning for Tioga County are both members of the Southern Tier Regional Economic Development Council, which recently issued a statement on hydrofracking. We will discuss gas drilling with them, as well as where the Southern Tier’s focus may be in the competition to win funding from the state.

Wood Mackenzie: Playing a smart shale gas hand – Oil & Gas Financial Journal

Wood Mackenzie: Playing a smart shale gas hand – Oil & Gas Financial Journal.

Guest essay: Gas-storage plan may threaten tourism – Irondequoit, NY – Irondequoit Post

Guest essay: Gas-storage plan may threaten tourism – Irondequoit, NY – Irondequoit Post.

Meet cash deadline or the drillers move in

Meet cash deadline or the drillers move in.

Homeowners and Gas Drilling Leases. by Elizabeth Radow. NYSBA Journal nov-dec2011.indd

https://docs.google.com/viewer?a=v&pid=forums&srcid=MDEzNjU1MzI4MTU2NTI1NzY5MDkBMTA5MjcwNTY4MDU2NTgzMzY1MDMBMkJFRDMyMzUtMjg2Qi00MTE0LUE2Q0QtMzk1MTAzNzRGNDNDQHR3Y255LnJyLmNvbQE0AQ

Homeowners and Gas Drilling Leases. by Elizabeth Radow. NYSBA Journal nov-dec2011.indd

Great article by Beth Radow –

In some Texas towns, the gas well setback is 1000 feet from a house, so mortgages/ homeowners liability less of an issue
In NYS, the setback of a gas well from a house is 100 feet = GEIS 17 A. 1. B. 1. b. = which would put any mortgage into default. 
That plus NYS egregious CI law and a NY mortgage covenant could trip.  
As evidence of risk increases, the mortgage and insurance guidelines will change 
Meaning the lender’s mortgage /insurance setbacks will increase for houses on water wells in particular. 
As gas wells age, they leak on the outside of the outermost casing. This introduces methane into groundwater. Which pollutes wells. 
Not much of a problem in Texas, New Mexico or Colorado = no ground water wells.  In NY, a problem. 
So mortgage / insurance guideline/ covenants are apt  to become more stringent for NY rural residences on water wells. ]

Would not let this go unremarked  . . . .http://www.sourcewatch.org/index.php?title=DSGEIS_Responses
Jim Northrup

County commissioners approve gas industry impacts study – SunGazette.com | News, Sports, Jobs, Community Information – Williamsport-Sun Gazette

County commissioners approve gas industry impacts study – SunGazette.com | News, Sports, Jobs, Community Information – Williamsport-Sun Gazette.