Governor Draws Line in Coastal Sand – NEB’s Gaeton Says Gas Production Declining – State Executive Calls Pipeline Situation Urgent – US House Passes Energy Package – Gas Pipeline Panel On TV This Weekend – Shell Submits Chukchi Exploration Plan

HQ Yellowknife.  Bob McLeod (NGP Photo) said the Mackenzie Gas Project would translate to billions of dollars for the NWT and Canadian economy, calling it a “nation building endeavour.” Calgary Herald by Dina O'Meara.  Canadian natural gas production is expected to drop by 4.4 per cent within two years on an oversupplied North American market and a shift toward drilling more lucrative oil prospects, according to a new report. ... Fevered drilling for shale gas in the United States flooded North American markets at a time when demand was soft because [...]