Daily Marcellus for November 10, 2010

I already mentioned the big news that Chevron is buying Atlas energy for the Marcellus play.

But this has all gone to a new level with no less than Foreign Policy publishing this piece: Why does big oil suddenly love Pennsylvania.

Forbes has a look at some of the new billionaires being made out . . . → Read More: Daily Marcellus for November 10, 2010

City Drilling

For those watching what is up with City Council today and a proposed ban on gas drilling in the city (also being live tweeted by Bob Mayo).  Nothing new, but a map of where we have found recent oil and gas leasing within city limits is online here fyi.   Not much, but some and . . . → Read More: City Drilling

Economic Events on November 10, 2010

The Mortgage Bankers’ Association purchase index was released at 7:00 AM EST, and there was a week to week increase of 5.5% in the Purchase Index and a week to week increase of 6.0% in the Refinance Index as interest rates remain near record lows.

At 8:30 AM EST, the U.S. government will release . . . → Read More: Economic Events on November 10, 2010