Sentences with phrase «huge new natural gas»

Not exact matches

New techniques promised to unlock huge reserves of natural gas in the Marcellus Shale, a geologic formation deep underground beneath Pennsylvania, New York, West Virginia and Ohio said to contain enough natural gas to supply the East Coast for up to 50 years.

Insofar as it replaces carbon - intensive coal and oil power, natural gas is a huge gain in cutting the country's carbon footprint, all while creating new jobs and bringing power to isolated parts of the country.

Those existing ports include Abbot Point, where India's Adani Group and compatriot GVK plan a huge coal terminal expansion, and Gladstone, where ship traffic is set to increase sharply from 2015 as huge new liquefied natural gas plants start exports.

The urgency has ramped up as other countries have pushed ahead to file their seabed claims under the treaty, as high energy prices have propelled new plans to seek some of the huge deposits of oil and natural gas that geologists say are probably sitting up north, and as tourists are heading north in fast - growing numbers.

More than 40,000 comments have been submitted to New York State aimed at shaping how Gov. Andrew M. Cuomo deals with the huge natural gas resource locked in the state's portion of sprawling geological formations known as the Marcellus Shale and Utica Shale.

In addition, this figure does not include the huge cost of new transmission lines; the necessary natural gas fired balancing plants, the loss of revenue from conventional plants due to increased cycling and the cost of stranded conventional assets.

It's hard to dispute that the Hallowich land sits on one of the most active plots in the 95,000 - square - mile (246,000 - square - kilometer) Marcellus shale, the rock formation extending from West Virginia to New York that the energy industry is tapping, with a combination of technological innovations, to produce huge quantities of natural gas.

Closer to home, AG Schneiderman could have sought counsel from New York State Geologist Dr. Taury Smith, a self - described liberal Democrat, who told the Albany Times Union that the state's natural gas deposits are «a huge gift.»

Nevertheless, the CPP will cause states, taxpayers, and energy consumers to get stiffed with huge cost burdens, including capital - intensive, decades - long transitions needed for adding expensive and unreliable wind and solar infrastructures, coal plant retirements and upgrades, restructured transmission lines, and new natural gas pipelines.