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Natural Gas Vehicles Are Expected to Reach Nearly Four Million by 2025

BOULDER, Colo.--(BUSINESS WIRE)--A new report from Navigant Research analyzes the market for natural gas vehicles (NGVs), including global forecasts, broken down by vehicle segment, alternative drivetrain, and region, through 2025.

“However, various regional factors also affect the markets for NGVs, including ongoing political tensions, the availability of refueling infrastructure, tightening tailpipe emissions requirements, and total cost of ownership.”

The NGV market is taking off in some regions, although growth has been slower than previously projected. While drops in oil prices and gains in battery cost reduction and capacity are hindering some of the advantages of NGVs, the market is still expected to experience growth. Click to tweet: According to Navigant Research, global annual NGV sales are expected to grow from 2.4 million vehicles in 2015 to 3.9 million in 2025.

“A significant portion of the cost advantage of natural gas has evaporated in the past 12 months as a result of the collapse of world oil prices,” says Sam Abuelsamid, senior research analyst with Navigant Research. “However, various regional factors also affect the markets for NGVs, including ongoing political tensions, the availability of refueling infrastructure, tightening tailpipe emissions requirements, and total cost of ownership.”

The collapse in global oil prices that began in late 2014 is now anticipated to continue through the rest of this decade, according to the report. While there continues to be an abundance of natural gas production in North America, new production has slowed dramatically, which is expected to result in only modest regional growth, with a focus on fleet markets, particularly for local applications such as refuse trucks, delivery vehicles, and transit buses operating out of centralized depots.

U.S. Carbon Emissions Declining to Twenty Year Low, Thanks to Shale Gas!!

April 22nd 2015

(Energy Watch) - A Bloomberg New Energy Finance (BNEF ) short-term energy forecast finds that electricity-related carbon emissions are dropping to their lowest levels since 1994. That’s due in large part to the fact that power plants are likely to burn natural gas at a record rate in 2015. The bottom line is that as power plants continue to use more and more natural gas, carbon emissions will continue to fall. That fact prompted William Nelson, head of North American analysis at BNEF, to make the following assessment in the report: "2015 will be the cleanest year in over 60years for which we have historical data" - William Nelson (North American Analyst Bloomberg

The report acknowledges that renewables such as wind and solar will contribute to the latter trend. But it indicates natural gas will remain economically ideal long term thanks to an abundant supply and expected continued low prices. A 14 gigawatt natural gas build is forecast in 2015 and that upward trend is expected to continue. The economic benefits of shale gas – whether through lower energy bills or our manufacturing renaissance — are undeniable. But the environmental benefits are just as obvious, and regulators and scientists have taken notice.

Aschere Energy - Oil and Gas Industry

Headquartered in Texas at Dallas, Aschere energy is known to be a leader in the oil and gas industry. The company has a team of very qualified and competent professionals in their employ who have immensely contributed towards making the company play a significant role in the energy revolution that is sweeping through North America, especially the United States. This set of experienced professionals has been able to focus on research and development in all the relevant existing fields. The company continues to participate in a number of fast growing industry trends in the country, prominent among which is the Eagle Ford Shale.

Aschere energy is well known to take a unique approach to the market scenario, by preferring to put most of its resources into regions that have already proven to be doing exceptionally well in the past. They ensure that they employ a number of strategies, making sure that they meet all the challenge, along the way ahead. The company has many partners for different projects with whom they have agreements depending on the requirements and also cost sharing, which is also very important. This helps them deliver the projects they undertake, on time at affordable costs.

Aschere energy however has ensured that they limit the scope the partner commitments but using participation agreements. This clearly sets out strict cost constraints for the well drilling and completion of the other phases of the projects. The company tends to act as an interest partner and take on the responsibility for a considerable share of all the operational expenses. They also maintain good and steady relationship with reputed service companies that help with seismic mapping, drilling, thus enabling many projects to be initiated.

As compared to the competitors in the industry, Aschere energy has been able to produce greater results. This has been made possible by the above mentioned long term standing contractual agreements they have with service companies that provide well and drilling services. By working cohesively in a planned manner with these companies, it has become easier for them to guarantee that every single project is completed to the satisfaction of the client without any delay.

The United States government has also ensured that their policies are altered to support this energy resurgence in the country. These industry friendly policies combined with the sound infrastructure will definitely help the country, to stay ahead of competition in the shale and tight oil industry. It is expected that companies such as Aschere energy will use the various investments made in the infrastructure and technology sectors, to develop further and become key players in the global energy market. They can also increase production, add new professionals and make considerable contributions to the local, state and the national economies.

Besides focusing on successful drilling projects Aschere energy also provides a very positive atmosphere for its employees to grow in their careers along with the company. The company also has internal network of knowledge aimed at this purpose. They offer world class training, professional mentoring and also other relevant educational services. It is no wonder that trained professionals opt to work for this company as they are assured to get the incentive to grow personally and professionally too.

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Aschere Energy

Aschere energy is based out of Texas and it is known to lease out to existing oil and gas fields. These fields offer high production success rates. The company employs state of art drilling technologies and is therefore able to drill and finish the wells, at very affordable and cost effective prices. Their charges are considerably lower than that of their competitors’. Aschere energy basically takes up drilling offset wells that are positioned in close proximity to the existing oil or gas producing sites. These prospects are located well within the reservoirs that are already mapped out.Energy is known to be a very volatile industry in the world today. The need for additional sources of both gas and oil has never been greater than today, as the consumption grows and the demand consequently increases. Till a few years ago North America and especially United States largely depended on the supplies from foreign lands, especially for their oil and gas requirements. But in the last several years there has been a great change of scene. This has been a kind of renaissance which is now showing the potential for a resurgent US industrial recovery largely based on the production of cheaper local based energy. Thus companies like Aschere Energy are playing a very important role in the energy revolution. There has been a huge increase in tight oil and shale-gas extraction in the recent times, which has added an impetus to this revolution.Consequently the government policies have also become very industry friendly. This combined with the better access to drilling sites, various market incentives, stabilization of property rights etc, has helped the companies such as Aschere Energy are able to contribute significantly in the field of oil and gas extraction in the United States. These companies are poised to once again strike it big in the field. All the above point have been welcome incentives and the engineers have been successful in using their skills and the latest in the technology field, to help the country inch very close to being self sufficient and more than being able to meet the energy requirements of the country. The United States might well surpass Saudi Arabia in the daily oil output in the next few years. The driving force is the non-OPEC production which in the next decade will be responsible for the growth in the global supply. Thus the energy revolution in North America appears definitely unstoppable. As the United States also undergoes energy regeneration, you can be sure that companies such as Aschere Energy will have a large role to play in it. This company is poised to be one of the major players in tight oil production in the United States.Aschere Energy has many partners with whom they have participation agreements. These agreements set out very stringent cost parameters relating to the well drilling and completion phases of all the live projects The company is renowned for maintaining longstanding relationship with well established service providers, who undertake drilling and seismic mapping. This kind of organized planning enables the company to initiate various projects and successfully finish them within the planned time frame.

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Shale Oil Set to Change the Energy Industry

The face of energy has the potential to change thanks to the shale energy revolution, and Aschere Energy Dallas is aiming to have a hand in the reshaping of the industry. Over the course of the next twenty years, the oil and gas industries will see a dynamic shift in how raw materials are accessed and the resulting drop in oil prices will have a lasting impact on how the world operates. In addition, the industry will see significant gains in production, but will have to adapt to changing market conditions. With the arrival of fracking on a grand scale and new shale oil production gains, the energy industry is poised to take off in locations where before it was virtually nonexistent. Of course, local and state regulations will play a major part in the shale energy revolution, because those guidelines will determine precisely how much energy related products are manufactured in specific geographic areas. Since many shale related projects require a significant amount of infrastructure, the oil industry has far reaching impacts for a number of related businesses. Companies like Aschere Energy Dallas are essential to provide tactical assistance for drilling technology. Understanding the new methods of extraction and production are necessary for safe and environmentally responsible companies to tap into the abundant reserves in shale rich locations across the globe. Of course, as the reliance on oil and oil related products increases, those companies and geographical locations involved in the industry will become major players in the redistribution of economic power. In short, a lower oil price and more available product has the ability to make a huge difference in how the world operates. Therefore, it is extremely important that policy makers and politicians understand what changes might, and will be, taking place within the short-term and long-term. A small roadblock today could equate to a massive detour over the next five years or become a major source of frustration only to be overturned in the next decade. Decisions based on careful consideration of lasting effects need to become the norm for the energy industry. As shale oil continues to flow into the market, a number of people and other industries stand to gain momentum, and this is a thought process that needs to be understood by everyone involved. Adapting to the changes will take no small amount of preparation, but the rewards are there for everyone to gain.

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Are Oil Exports the Wave of the Future?

As most Americans know, the past four decades have seen high oil prices and lots of pain at the pump. However, as technology has led to the ability of energy companies to extract oil from shale formations, the U.S. is in a unique position. With a glut in domestic oil as a result of shale-sourced production, the U.S. is prepared to lift its ban on crude oil exports for the first time since the 1970s. According to the Wall Street Journal, Houston-based companies Pioneer Natural Resources Inc. and Enterprise Products Partners have received permission from the U.S. Commerce Department to ship condensate directly to foreign buyers. A blend of hydrocarbons which is lighter than gasoline, condensate is fast becoming very popular with many foreign nations. Able to be refined into gasoline or jet fuel, many Asian nations have made huge investments in equipment designed to refine condensate. Because condensate is subjected to very little treatment to remove various impurities, it is still allowed to be called a refined product yet can also avoid the export ban. While the Commerce Department has regularly said there has been no change in the nation's crude oil export policy, the Obama administration is still concerned that if too much exporting is allowed, domestic gasoline prices will climb higher. However, because the crude oil export ban is one of the hottest topics on Capitol Hill, lobbyists for the oil industry are pressing hard for its demise. As domestic oil prices have dipped below international prices due to the glut of shale-sourced production, pressure on the Obama administration has picked up in recent months. As more and more Asian nations have purchased condensate splitters that allow them to quickly and easily refine condensate, demand for U.S. condensate is rising at an unheard-of pace. According to Reuters, it's estimated that 350,000 barrels per day of condensate refining capacity are expected to open in the coming year. With the current United States policy on oil exports dating back to 1973, many politicians and industry experts believe the time for change is now. The original policy, put in place when Arab nations placed an embargo on states that had dealings with Israel during the Yom Kippur War, was designed to combat rising gas prices and the rationing that was taking place. The current policy was also blamed in part for helping to put an end to Detroit dominating the U.S. auto industry, since high gas prices led to the demise of "gas-guzzler" vehicles and ushered in a new era of fuel-efficient automobiles. As the Aschere Energy Dallas continues to be as volatile as ever, political leaders will need to proceed carefully to formulate and implement the best possible policies.

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The Booming North American Energy Revolution

Energy is a volatile industry in today's world. As consumption increases and demand grows, the need to find additional sources for oil and gas has never been greater. While in the past North America, particularly the United States, has had to rely upon foreign suppliers for much of its oil, a renaissance has taken place in the past several years. As a result, the potential now exists for a U.S. industrial recovery based on the production of cheap energy. With huge increases in shale-gas extraction and tight oil, companies such as Aschere Energy are playing a vital role in this energy revolution. With companies such as Aschere Energy Dallas and other cities in Texas are poised to once again strike it big in oil and gas. Through a combination of government policies that have become more industry-friendly, increased access to drilling sites, the stabilization of property rights and various market incentives engineers have been able to use their skills and the latest technology to help North America get closer and closer to being self-sufficient regarding energy. With the United States ready to surpass Saudi Arabia in daily oil output and non-OPEC production being the driving force of global supply growth for the next decade, the North American energy revolution appears ready to be unstoppable. It's estimated by 2030, one-half of the 16 million barrels per day increase will come from tight-oil, with two-thirds of them coming from U.S. tight oil and oil sands in Canada. As the Southwestern U.S. undergoes an energy revitalization, Aschere Energy will be one of the major players in tight oil production. Most experts agree that government policy is the driving force behind these changes. While East Asia, Latin America and Africa have substantial shale and tight oil resources that equal or surpass the United States, the combination of government policy and sound infrastructure will allow the U.S. to stay ahead of the competition. With Aschere Energy Dallas and other major oil-production cities in Texas will use the investments made in technology and infrastructure to once again become key players in the world's energy market, enabling them to increase production, add new employees and make significant contributions to the local, state and national economies. While the future of the energy industry is always changing, using the correct combination of technology and policy will let the North American energy revolution produce extraordinary results in the coming years.

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Expanding US Energy Exports

Over the past year, energy prices have reached lows not seen in almost seven years, and this development has caused many legislators and energy experts to consider whether the United States is relying on outdated energy policy to forge a path into this new era. Not only large energy companies, but smaller concerns such as Aschere Energy Dallas can play a significant role in making the U.S. an energy leader in coming years. Expanding Energy Increases U.S. Strength Greater expansion of American energy resources can have a number of favorable consequences for the country. Expansion can create jobs that will stabilize the U.S. economy, creating more jobs, and a more secure workforce that is better able to participate in the consumer economy. But this expansion will also have wider ranging effects. US energy exports to Europe and other countries will diminish the influence of troublesome nations in the world marketplace. In March of 2014, Senator Lisa Murkowski of Alaska pointed out the advantages of using the country’s energy reserves to provide greater security around the world, decreasing reliance on countries with governments that are known to support groups that work to destabilize nations that depend on their oil reserves. Senator Murkowski emphasized the importance of moving quickly to take advantage of this new abundance in energy production to secure the nation’s role as an energy superpower. U. S. Increases It Market Share Over the last decade, U.S. energy exports have tripled from 4 quadrillion btu’s to over 11 quadrillion btu’s in 2013. Recent data indicate that America has moved from a net energy importer in the global market to an energy exporter. The Senator from Alaska proposes that the current ban on exporting crude oil be lifted and that second-guessing the marketplace by placing arbitrary restrictions on natural gas for export be stopped, because it directly hampers the country’s ability to use these resources effectively for the national good. The Role of Smaller Energy Companies US energy exports can be facilitated not only by relying on the energy giants to lead the way, but also by providing support for smaller energy companies who are also benefiting from the new technologies in oil and gas production. These enterprises are moving into areas such as offshore drilling off the Louisiana coast and refining of crude supplies. Companies like Aschere Energy Dallas can contribute to America’s efforts to increase the country’s expansion of its energy markets to help to create a more peaceful and secure planet.

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Small Independent Oil and Gas Operators Shaping Industry Trends

Aschere Energy Dallas closely follows the independent oil and gas industry believing that the the independent oilman remains central to shaping America's energy trends. According to the Independent Petroleum Association of America (IPAA), 95% of the nation's oil and gas wells are drilled by 6,000 independent operators, together producing 54% of the nation's oil. The average independent producer has been in business for 26 years, employs 11 staff, and has annual gross revenues of about $8 million. More than a half million jobs in the United States are attributed to the independent oil & gas industry. This is an industry that by its very nature reinvests in the American economy, purchasing a wide range of equipment and services across rural America every day. The National Stripper Well Association estimates that there are 771,000 marginal oil and gas wells currently in production. The overwhelming majority of these are operated by America's independent producers. Each of these wells makes 10 barrels of oil per day, or less. Together, stripper wells contribute about 20% of the nation's total annual oil & gas production. With recent oil price declines small independent oil and gas producers have to find new ways to access the financing needed to continue their operations. Unscheduled well work-overs, temporary or long term loss of pipeline access, and weather are typical problems that confront the independent oilman. New projects are constantly needed to replace declining production, and these represent large investments. From new field exploration to mature field life extensions made possible by the introduction of secondary or advanced tertiary production technologies, Aschere Energy Dallas understands these challenges – and how to balance risks versus rewards – better than most. America's oil industry has given the nation an unexpected windfall with growing energy independence complemented by lower prices. Growing US production volumes reduce the leverage previously enjoyed by OPEC. Today, with its more than 9.1 million barrels of daily production, America out-produces Russia and is second only to Saudi Arabia in the total output of oil. Declining US oil imports have directly reduced growth of the national debt while strengthening the dollar. Natural gas production rates assure that the lowest electricity costs in the industrialized world continue for the foreseeable future. Contact Aschere Energy Dallas to find out more about how small independent operators are shaping the US oil and gas industry and America's future.

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The Transformative Investment Prowess of MLPs

The energy industry in America has outperformed most bond and equity markets during the last decade. The annual return for shareholders in the sector has exceeded 32 percent, which the S&P 500 has returned only 19 percent. Aschere Energy Dallas believes one of the methods an investor can capitalize on this opportunity is through Master Limited Partnerships (MLPs), which are tax-savvy offerings that enable investors to take a share in energy sector assets throughout North America, including crude and natural gas wells, storage infrastructure and pipeline assets. One method investors can acquire exposure to the benefits of this market is through Exchanged-Traded Funds (ETS). Investment analysts believe that this approach can provide an investor with portfolio diversity as well as leverage to capitalize on the trend. Investors have access to benefits related to the shale revolution occurring in the United States as well as the strong income opportunities affiliated with the investment vehicles. MLP pricing fluctuations do not move with the value of the underlying product. So, investors are protected even as the prices of natural gas or oil experience volatility in the markets. These invest vehicles provide investors with an opportunity grow capital as well as increase dividend payments over time. According to Aschere Energy Dallas, some MLPs offer investors more than a 9 percent yield on equity stakes, while also featuring approximately 10 percent increase in share price annually, thereby providing investors with potentially almost a 20 percent return on their equity. By the end of October this year, these MLPs have already yielded 15 percent, and their dividend is expected to expand beyond 6 to 7 percent. At the same time, Aschere Energy believes investors should consider some of the affiliated fees of ETF vehicles as they do affect minimally the overall return these investment vehicles provide. The macro and geopolitical forces at work also serve to buttress continuous growth and subsequent attractiveness of these investment tools. Per the U.S. Energy Information Administration, American natural gas generation is expected to increase by 56 percent from 2012 to 2040. For crude oil, the expected growth projection is 50 percent from 2012 to 2019. To maintain this growth and investment outlook, the Interstate Natural Gas Association in the United States believes that almost $641bn, or $30bn annually, will be needed to enhance the power midstream infrastructure in America from 2014 to 2035. Ultimately, Aschere Energy believes MLPs will be a critical component of this development.

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The North American Shale Revolution is Succeeding with Hydraulic Fracturing

Hydraulic Fracturing is a method of oil extraction that involves fracturing rock with hydraulically pressurized liquid. Also known as fracking. The process consists of a high-pressure fluid being forced into a wellbore causing cracks in rock formations. This enables natural gas, brine and petroleum to flow freely. When the pressure is no longer present in the wellbore, the fractures are kept open by sand or aluminum oxide. This happens when the rocks develop geologic balance. Aschere Energy Dallas knows how to safely and successfully utilize this oil extraction method. History and Success In 1947, hydraulic fracturing was performed as an experiment. The initial commercial success resulting from utilizing hydraulic fracturing began in 1949. As of 2012 there were millions of active hydraulic fracking operations around the world. Over a million are being performed in North America. The fastest growing oil-production operations outside OPEC are now in North America. Experts estimate production will increase over 10 percent between 2010 and 2016. Tight Shale Oil This is oil located in sedimentary rock formations. The flow of oil from these rock formations is limited by fine grained rock. Most of the oil produced in this situation is from stone associated with shale that has generated oil. This type of rock will require techniques to stimulate it that involve hydraulic fracturing and horizontal drilling. North American Shale Oil According to a report prepared by the U.S. Department of energy, there is approximately 24 billion barrels of oil located in North American shale oil formations. This is oil that is able to be recovered. The Monterrey/Santos basin is estimated to have over 15 billion barrels of oil. In the Bakken range and Eagle formation it is estimated to each provide over 3 billion barrels of oil. Hydraulic Fracturing Benefits The development of the tight shale oil extraction techniques has the potential to provide significant financial benefits to the economies in North America. This will provide a number of high-paying and long-lasting jobs. It also provides lease and royalty payments to various government entities and private citizens who own land. This will increase the amount of taxes that can be collected by governments. It will also decrease dependence on foreign sources of oil. It is estimated the oil and gas industries in North America will provide trillions in revenue to local and national economies. Drinking Water Protected The oil and gas industry is highly regulated. There are a strictly enforced regulations designed to protect water resources during the oil and gas drilling process. Aschere Energy Dallas knows that fracking is a technology that has proven itself safe. It has been used without incident and is able to effectively protect groundwater zones.

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KEYSTONE

Aschere Energy believes the economic benefits stemming from the construction of pipelines namely job opportunities are compelling considering the current 8 percent unemployment rate in the nation. Aschere Energy has confidence in estimates that approximately 20,000 shovel-ready jobs would be generated by the construction of a pipeline. Research conceding the project estimates the operation of a pipeline from Canada into the United States would generate 179,000 American jobs by the year 2035. Currently, the United States relies on imported energy to meet 45 percent of its energy demands. Oil is a global commodity subject to the forces of supply and demand of the marketplace. A potential increase in supply from the Keystone Pipeline will definitely have an impact on domestic prices of gasoline. Aschere Energy Dallas believes that calculated development of natural resources such as the Utica Shale and the increased supply from Canada will not only reduce the cost fuel but eradicate the country’s dependence on foreign sources of oil that involve the nation with countries that have open hostility to the United States. According to the Energy Information Administration, the global price of crude oil determines about 75 percent of the price of gasoline. The pipeline will deliver an additional estimate of 800,000 barrels of oil per day to the United States from Canada, serving as potentially the largest supply of international oil. Although the project has tremendous benefits, the issue has been greatly politicized by the U.S. President in the international arena, as he delayed the project fearing it may upset his political allies on the Left. In fact, the U.S. State Department received the permit application in 2008, yet the President has not made a decision. Moreover, extensive studies have been conducted on the project during the last four years. It has been determined to be efficient and safe environmentally for transporting oil. For example, the proposal has been re-routed for protecting areas in Nebraska which were found to include environmentally sensitive sites. Ultimately, Aschere Energy believes this is not the time for developing a transformative because of fear of political backlash. The project has profound potential of developing employment opportunities and reducing the price of gasoline without harming the environment.

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Gas Prices Are Down

A decline in gas prices has been a relief to many consumers planning for travel during the winter months. Businesses have also been affected by the fluctuating prices. In response to the changing prices, companies are exploring options to remain stable during the times of uncertainty. Why are oil prices dropping? Oil prices have changes due to reduced consumptions and demand for oil. Greater competition from other energy sources is another reason for the reduced gas prices. Higher domestic production levels have also contributed to decreased demand for foreign oil. OPEC’s goal to maintain competitive pricing has been in response to the growing competition and decreased demand. With all of these factors affecting gas prices, consumers and business owners stand to win in several ways. How are gas prices affecting energy companies? Companies in different areas are benefiting from the lower gas prices. Lower energy costs increases the amount of funds available to consumers for spending. Companies with transport and logistics needs benefit from the lower prices. Businesses relying on shipping like farmers and manufacturers can spend less in overhead in maintaining their fleets. Energy companies have taken an interesting approach to addressing the lower gas companies. What are the available opportunities for energy companies? Companies recognizing a need to increase profitability amid the declining gas prices benefit from exploration. These companies have invested in drilling in deeper waters and other experimental methods like fracking to increase their bottom line. Others are expanding their portfolio of services to explore the opportunity of incorporating renewable energy sources into the services offered. Companies like Aschere Energy Dallas have made the decision to pivot and explore new directions to protect their profitability. Aschere Energy has started to invest in developmental drilling practices and focusing drilling efforts in unexpected areas. Energy businesses have learned to diversify their portfolios of services effectively in order to improve their bottom line in a climate where countries are adopting economic policies centered on diversification and energy-independent policies. Falling fuel prices benefit consumers the most. Businesses can lower their operating costs as a fuel prices continue to drop. Energy companies are investing more in diversification and energy exploration practices to build and grow their businesses.

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Aschere Energy : Natural Gas at record highs during recent Cold snap

Prices for natural gas and propane hit record highs this week as temperatures plummet in many parts of the country.In New York, natural gas prices for immediate delivery soared Wednesday to a high of $135 per million British Thermal Unit, according to the Kilduff Report, an energy market publication.

“I don’t recall natural gas ever trading that high,” said Stephen Schork, who writes the industry newsletter The Schork Report.”

Spot prices in the Northeast were trading at just $5 per million British Thermal Unit at the end of last week, Schork added. ”Prices in the East and Mid-Atlantic have exploded higher,” he said. “It’s a very weather-driven market.” Home heating demand has soared as the heaviest snowfall of the season blanketed the Northeast, with more than a foot falling in some places.

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SAFE HARBOR STATEMENTS: Certain statements in this blog post may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release and other potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statement.

Aschere Energy News - Natural Gas Tops $5 for First Time Since 2010

NEW YORK—Natural-gas prices hit $5 a million British thermal units for the first time in 3 ½ years on expectations that continued cold weather would keep demand high for the heating fuel.

Natural gas for February delivery rose as high as $5.026/mmBtu on the New York Mercantile Exchange before pulling back slightly. The February contract recently traded up 26.4 cents, or 5.6%, at $4.994/mmBtu.

The rally highlights concerns about supply, after several years of booming U.S. production. The amount of gas stored in the U.S. has dwindled in recent weeks as heating demand has ramped up. Inventories as of Jan. 17 stood at 2.423 trillion cubic feet, 13% below the five-year average for the week.

“This cold period is just extending…further out into the future,” said Matt Smith, author of energy newsletter The Daily Distillation and an analyst at Schneider Electric SA, an energy-consulting firm. “You’re seeing weather advisories from Canada down to the Gulf Coast, freezing conditions across virtually the entire U.S.”

Natural-gas prices have climbed more than 15% for the week, the largest weekly gain since October 2010, as frigid weather has increased demand for indoor heating across the Midwest and the East Coast. About half of U.S. households use natural gas as their primary heating fuel, according to the U.S. Energy Information Administration.

Weather models are predicting an “extreme spell of cold weather” in the eastern U.S. early next week, followed by a slight warming before another blast of Arctic weather in the next 11 to 15 days, according to Andover, Mass.-based forecaster WSI Corp.

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WHY THE EAGLE FORD SHALE WAS THE HOT PLAY IN 2013

Thanks to its high oil content and attractive economics, Texas’ Eagle Ford attracted more M&A investment last year than any other U.S. shale play. Despite an overall decline in the total value of U.S. upstream deal-making activity last year, Texas' Eagle Ford shale remained in high demand, attracting more merger and acquisition investment than any other play in the country. "Energy companies are attracted to the Eagle Ford mainly because of its massive resource base, its strong economics, and its highly attractive oil and gas mix. Many have already invested heavily in the play and continue to see strong returns and rapid growth in production." Chesapeake Energy, ConocoPhillips, and EOG Resources are just a few of the many companies helping drive the record oil and natural gas production that's revolutionizing the United States' energy position. Thus the Eagle Ford Shale continues to be the busiest place in Texas for horizontal drilling activity with 42 permits issued in one week, according to Powell Shale Digest.

Would you like more information on Aschere Energy’s Latest Project? SAFE HARBOR STATEMENTS: Certain statements in this blog post may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release and other potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statement.

Aschere Energy News : Eagle Ford Shale Bring Growth to Communities

January 10th, 2014 / San Antonio News The Eagle Ford Shale is putting cattle alongside pump jacks in places such as Helena in Karnes County. In the last four years, more than 2,000 drilling permits have been issued for Karnes. Oil production rose from 318,952 barrels in 2009 to nearly 46 million barrels through the first 10 months of 2013. The numbers tell part of the story: From 2009 to 2013, the county tax base rose from $513 million to $7.1 billion, and the volume of oil pumped here increased from 318,952 barrels in 2009 to nearly 46 million barrels through the first 10 months of 2013.

“Right now the play is hitting a million barrels (of oil) a day. We project it to grow to about 2.65 million barrel-of-oil-equivalents, (a category that includes natural gas, condensate and oil) of which about 70 percent will be liquids. So the play could double its daily oil production by 2020,” he Steve Trammel IHS

“The play will have legs for a long time. We’ve got at least 25 years of drilling these top productivity class wells, and we’re probably talking 30 to 40 years with the second and third (class) wells,” said Steve Trammel, a research director with IHS Inc. in Denver.

“Marathon will drill about 350 new wells in the Eagle Ford Shale next year and the majority will be in Karnes County,” said Kirk Spilman, a regional vice president. “I think it’s safe to say that the wells we’re drilling today are going to be steadfastly producing for the next 20-30 years easily.”

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