Chris Hogan The Truth About Gasland

There has been a great deal of discussion and debate about natural gas development recently.  In particular, the issue of hydraulic fracturing has sparked debate and been the source of a significant amount of misinformation.

The documentary Gasland, just nominated for an Academy Award, is perhaps one of the most prominent examples of fear outstripping facts.  Hydraulic fracturing, on which the movie focuses, is a time-tested drilling process that has been in use for more than 50 years in hundreds of thousands of wells.  Rather than objectively explore the subject, ‘Gasland’ ignores the reality of this technology and instead creates a distorted story designed to generate fear and distrust.

America’s Natural Gas Alliance, which represents many of the companies involved in domestic natural gas production, underscores just how riddled with inaccuracies Gasland is in this just-released video which sets the record straight.

Per the very definition of the documentary category from The Academy of Motion Picture Arts and Sciences, the emphasis of a documentary film must be ‘on fact and not fiction,’ and there is no doubt Gasland has missed the mark.

We hope that after learning the facts you agree.


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Lydia Meigs Well, It’s Groundhog Day…Again

Meteorologist Mike Randall, a skeptic of groundhogs, has a theory.  Since there are always six more weeks of winter after Groundhog Day, and the concept of early spring in the astronomical sense simply does not exist, then whenever the groundhog sees its shadow and predicts six more weeks of winter, the groundhog is always right, but whenever it predicts an early spring, it is always wrong. Therefore, our beloved North American tradition gives us an approximate 80 percent rate of accuracy, the average percentage of times a groundhog sees its shadow.

Lord of the Shadow Watchers, Czar of the Land Beavers, King of the Rodents, Master of Marmots and the Grand Poobah of Woodchucks is, of course, the one and the only Punxsutawney Phil of Punxsutawney, Pennsylvania.  

In fact, many towns that celebrate Groundhog Day throughout our temperate continent have their own burrowing forecasters including, Smith Lake Jake, Staten Island Chuck, Shubenacadie Sam and Wiarton Willie.

The preservation of these regional celebrities is undeniably a display of faith in the power of the groundhog to predict the weather forecast for the next six weeks.

AGA cannot speculate if a groundhog can predict the weather.  We can, however, remind consumers that natural gas, come snow or sun, will save you money and energy. 

If spring does come early, as Phil seems to believe, you will still enjoy all the comfort and peace of mind that natural gas in the home delivers.  Perhaps you will be able to fire up your gas grill a little sooner, which will save you money and energy when cooking.

Or maybe, Phil is wrong and winter will linger.  Not to worry, friends.  Heating your house with natural gas for the remainder of winter will keep those long hot showers affordable and eco-friendly.

Let us know below what you think of Punxsutawney Phil’s prediction…is it just wishful thinking?

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Lydia Meigs John Somerhalder Live on Bloomberg

On January 19, 2011 John Somerhalder, chairman of the American Gas Association (AGA) and chairman, president and CEO of AGL Resources (AGL), met with the New York Society of Security Analysts (NYSSA) to discuss the outlook for natural gas demand and supply.  He also addressed some key issues regarding investment in the natural gas utility sector.

Later that day he was a guest on Bloomberg’s “Bottom Line” where he also discussed the recent merger between Nicor and AGL and the vast opportunities for their stakeholders that will result from the melding of the two companies.

Check out Somerhalder’s full interview on Bloomberg below and read more about his meeting with NYSSA here.



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Chris McGill Natural Gas Market Indicators

Although some basis blowouts (temporary pipeline capacity cost increases) have occurred in the northeast due to temperature extremes in January (gas over $16 per MMBtu at the New York city gate on January 24), natural gas commodity prices have remained remarkably stable, even with the strongest underground storage withdrawal of the season for the week ending January 14.

Basis increases tend to be indicators of pipeline capacity constraints during periods of peak demand – not a precursor of supply shortages. To the contrary, working gas inventories remain solid compared to recent history and the combination of imported pipeline gas, domestic production, minimal LNG volumes, and storage have reliably met consumer requirements.

Visit this link to download the full Natural Gas Market Indicators. Topics covered include: Reported Prices, Weather, Working Gas in Underground Storage, Natural Gas Production, Rig Counts, Pipeline Imports and Exports, and LNG Markets.


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