Shale Gas News – June 15, 2019
The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about how fracking saves lives, U.S. Freedom gas, a high school textbook and much more last week.
Every Saturday Rusty Fender and I host a morning radio show to discuss all things natural gas. This week, as guests, we had Thomas J. Pyle, president of the Institute for Energy Research and president of the American Energy Alliance and Lois Kaneshiki, Board Director, Hollidaysburg Area School District.
The Shale Gas News, typically, is broadcast live. On the June 15th show, we covered the following new territory:
- Fracking saves low-income Americans’ lives. Fracking helped save the lives of roughly 11,000 Americans each winter from 2005 to 2010, according to a recent National Bureau of Economic Research paper. How? By driving down energy prices and helping them affordably heat their homes. Demographers have long observed that low-income people die at higher rates during the winter months. This “excess winter mortality” has a simple, heartbreaking cause — people keep their dwellings uncomfortably cold to reduce their heating bills.
- U.S. ‘Freedom Gas’ Aims to Loosen Russia’s Grip on Europe’s Market. More “freedom gas” from U.S. shale basins is earmarked for Europe after the company behind a Louisiana export project expanded a deal with Poland. Venture Global LNG Inc. will send Poland’s PGNiG 2.5 million tons of liquefied natural gas from the yet-to-be-built Plaquemines terminal, up from 1 million in a previous agreement, according to a filing Wednesday. The pact boosts the odds that Venture Global will decide to move forward with the $8.5 billion project, which isn’t expected to start up until 2022.
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