Utica shale a few thousand feet below Marcella across 8 states and part of Canada. Ohio's portion most significant for oil and wet gas. Further east is dry gas. Ohio Utica could be 5.5B bls oil, 15.7TCF gas. (USGS est. Bakken @ 4.3B bls oil.) Active rigs in OH up over 2x in last 2 years. 150 permits issued for Utica shale wells. BP picked up 84K acres. Chesapeake holds >1M acres. Top landholders include Anadarko, Devon, Hess and Chevron.
Quebec Province put moratorium on fracking last week. 40TCF NG beneath.
China has overtaken US in retail sales.
Rise in food prices showing no signs of slowing.
WBRE and Swiss comp signed up on new wind farm.
Largest rooftop PV solar project - 9MW, $42M, 1.1M sqft - completed on Gloucester Marine Terminal on Delaware R. in NJ. Will cover 80% of terminal's el demand.
Global carbon markets down 20% in 1Q12 on increased trading volume. Down 40% from 1Q11. Mart now 14.2B Euros, >6 Euros/ton. >2B tons of EU allowances and UN certificates traded.
DOE revitalizing loan guarantee program. Expired 6 months ago.
Google installing ice-based cooling system at Taiwan data center. Makes ice at night to cool during day.
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