News

01.26.18

New Mexico State Income Rises on Energy Rebound

Thanks to a rebound in New Mexico's oil industry, the state's lawmakers have much more money to work with as they craft a spending plan for the coming fiscal year that aims to boost spending on education, courts and law enforcement.

 

01.26.18

Wolf proposes to speed up Pa. gas-well permit reviews, hike fees

PA Gov. Tom Wolf wants to hire 35 new environmental regulators to help reduce the backlog of natural gas well permit applications, a move that would cost the state $2.5 million. He also proposed more than doubling fees for new well permits from $5,000 to $12,500.

 

01.25.18

A Biofuels Bankruptcy

The renewable fuel standards (RFS) suffocate a Philadelphia refiner.

 

01.19.18

Nuns appeal pipeline project on religious grounds in Pa.

An order of nuns brought their fight to stop a natural gas pipeline project on their rural Pennsylvania property to a federal appeals court Friday.

 

01.19.18

The Offshore U.S. Oil And Natural Gas Treasure Trove

U.S. Interior Secretary Ryan Zinke recently announced a leasing plan for 2019-2024 that would put more than 90% of the total Outer Continental Shelf (OCS) acreage and over 98% of "undiscovered, technically recoverable" oil/gas resources in federal offshore areas in play for future exploration and development.

 

01.16.18

U.S. Feb shale output expected to rise to 6.55 mln bpd: EIA

The global oil market has been closely watching U.S. output, which may continue to contribute to global oversupply even as OPEC members, Russia and other producers curb production.

 

01.16.18

U.S. expected to become net exporter of natural gas for first time in decades

[T]hanks to increased natural gas exports to Mexico, LNG exports to at least 20 countries and less gas flowing into the country from Canada, according to the U.S. Department of Energy.

 

01.15.18

In oil drilling, science replaces art

Everything is becoming more efficient. Fewer rigs are required because modern drilling rigs can drill more wells faster and longer. The increasing automation and use of robotics mean fewer people in the oil fields.

 

01.11.18

Oil and gas should be included in federal infrastructure push

"And this isn't just about the dollars and cents. Getting the policy right on energy infrastructure will lead to greater reliability, safety, security, and affordability."

 

01.07.18

Oil and gas drilling permits remain strong in Ohio, Pa.

There are now 1,787 wells producing in the Utica or Point Pleasant shale plays in Ohio