Natural Gas

The National Academy of Science has released a report showing that health effects from burning fossil fuels cost the economy about $120 billion a year. Global warming was not included due to uncertainty, so it's focused mostly on air pollution.

A veteran gas producer claims that the U.S. may be 'drowning in natural gas'. Interestingly, the gas has always been there - it's technology advancements that make the Marcellus shale deposits from N.Y. to W.V. and accessible.

Our underused natural gas capacity could almost completely replace our current coal-generated energy, argues Sean Casten, President & CEO of Recycled Energy Development.

$147 per barrel oil prices set off a frenzy of new domestic oil drilling that has all but ceased with $46 per barrel. The drop in natural gas drilling has been even more pronounced. When demand returns, domestic oil and gas supplies will likely not.

Colorado's Oil and Gas Conservation Commission has clamped down on drilling in the state, particularly around sensitive habitats. The booming energy industry in the state is fighting the decision.

Oil, gas and wind man T.Boone Pickens is clearly interjecting himself and his plan into presidential, and vice-presidential politics. Recently, he sat down with Sarah and Todd Palin to promote his plan of using natural gas as a transportation fuel.

Utah appears to be just what Texas oilman, T. Boone Pickens, had in mind with his new energy plan that calls for widespread use of natural gas to replace gasoline and diesel, even though only one vehicle is manufactured to run on it.

Officials in Fort Worth, Texas weigh regulations for natural gas compression stations arising from a boom in drilling shale for natural gas.